BoomerVille: Don't Rule Out Whopper of a Downturn

Our first encounter with economic reality was the severe mid 1970s recession. We Flower Children suited up, cut up hair and applied for MBA programs. 

Next came corporate downsizing in the late 1980s. Business magazines posted cover stories "Fired." The subhead was "Middle Management - Middle Aged." 

Age again bit us in the pocketbook when at 66 we realized we still needed to work to make ends meet or just hold onto an identity. And work was hard to find "at our age."

So we Boomers are always braced for economic reversals of fortune. 


We're not reading much into today's Dow rally.

Dow Jones Industrial Average Index

Index: DJI
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46,341.51
USD +1,125.37 (+2.49%) today
March 31, 4:42 PM EDT · Market Closed

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