[lbo-talk] Stock Markets vs the Real Economy

[123hop at comcast.net]

Seems like a bear market could pull a lot of different ways:

-- People might contribute less or none to 401Ks/IRAs, thus adding liquidity to the economy and raising tax revenues. 

-- People might need to raise cash to cover college tuition or retirement, if retirement money they counted on has evaporated.

-- There might be more support for SS if an extended bear market convinces people that gambling is not a good retirement strategy

-- Ditto for Medicare

Joanna