BoomerVille: Has the Shoe Dropped?

 The CNBC headline captures the dread in BoomerVille: 

"Stocks fall as Palantir declines, raising fears about about AI valuations"

The fall was worse earlier this morning. Now here it is, only in the 200s:

*****************************************

47,081.57

-255.11 (-0.54%)

As of Tue. Nov 4, 2025 9:50 AM EST · Free Realtime Quote (USD) · Market open

******************************************

So, here we are on an election day which could change politics as we've known it. And the shoe might have dropped on the near-term growth potential of our investments. The bull market might not only be ending. There could be a crash, not a correction.

There will be little empathy for this potential reversal of fortune. 

After all, we are on Medicare. That means we are covered for healthcare. Sure. that monthly payment could go up to over $200 for 2026. But it's plenty less than what those too young to be eligible for Medicare have to pony up. 

And we get Social Security. Will we be the last generation for that to be a real source of income after we're too old to earn from our labor? Gen Zers I talk with rule that out for themselves. Simultaneously it's difficult for that gen to build wealth.

However, the wheel of fortune could move in the wrong direction if AI valuations begin to tank. Meanwhile's Salesforce's AI product Sophie isn't yielding the expected ROI.


As a coach, what I am picking up is a bit of panic among boomers who were previously feeling financially secure.

Thrown off your game, maybe the first time since you started working? You made all the right moves and then the world moved in another direction.

Intuitive Coaching. Special expertise with transitions, reskilling and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579, janegenova374@gmail.com). Yes, test out the chemistry. Zero risk.


Comments

Post a Comment

Popular posts from this blog

Global Gasp: Donald Trump Tells Off Big Banking

In a virtual back-and-forth Donald Trump does a stunner. At the World Economic Forum in Davos Bank of America head Brian Moynihan conducts a casual Q&A with the new President who's being looped in on large screen. During that, Trump tells Moynihan, along with JPMorgan Chase CEO Jamie Dimon, to stop blocking conservatives. That is, there's an accusation that Big Banking hasn't been accepting accounts from conservatives. One could feel a global gasp. Here is more from Bloomberg. Obviously Trump is setting a brash tone for the new administration. It's very un-corporate. Business leaders, used to indirectness in communications, will have to come up with a new way of conversing with the president in public.  Low on hope about finding, holding, or moving on to better work?  Getting that back is the first step. Then you and I, as your career coach, move on to diagnosing what's in the way, trying out the solutions and creating the communications you need. Free consultat...
Read more

Apparent Second Assassination Attempt on Donald Trump: Will This Negatively Impact Harris-Walz Campaign?

" Donald Trump  was the target of a second apparent assassination attempt Sunday when Secret Service agents opened fire on a gunman at his golf club in West Palm Beach, Fla., where the former president was golfing just a few holes away." -  The Wall Street Journal , September 15, 2024 The former president is safe.  The alleged potential shooter - Ryan Wesley Routh - initially fled but was arrested soon afterward. He faces criminal charges. At this time it is unknown if he took any shots. Of course, this development has unleashed condemnation of what seems to be political violence. Also, there will be scrutiny how Routh came to possess a military-type weapon. Since he had video recording equipment there could be an outcry about how easy it is for violence to catapult a miscreant into stardom.  But there is also the very immediate issue of how this could could affect the Harris-Walz positioning in what is turning out to be a volatile and tough campaign. It is not insen...
Read more

Mr. Paul Weiss Goes to Washington

In college, backgrounders state that Brad Karp, the long-time chair of law firm Paul Weiss, toyed with the idea of a career path in politics. The specific focus was about running for Congress. Instead, though, he accepted admission to Harvard Law School (turned down the one to Yale) and that was that. Now, during the current crisis for law firms, under comprehensive attack by the Trump administration, Karp seems to be showcasing his inner politico. The guy is a smart strategist. Semafor reports that Karp has gone to Washington. There his objective seems to be to create lines of communication with a power force which, as Steve Bannon puts it, wants his firm and other elite firms out of business. Already Paul Weiss has lost one client as a result of an Executive Order. One way he is trying to connect, notes Semafor:  "Karp ... is discussing a particular path back into the administration’s good graces: helping the White House respond to alleged instances of antisemitism that came...
Read more