Noting how equity valuations have historically correlated with demographic trends, a paper from...

|By:, SA News Editor

Noting how equity valuations have historically correlated with demographic trends, a paper from the San Francisco Fed argues U.S. stock values could stay depressed for the next two decades, as Baby Boomers sell stocks to finance their retirements. Interestingly, this forecast resembles a prediction by Harry "Dow 36,000" Dent.