Elazar: Millennial Versus Boomers; Stock Market Down To Late 2017

See Full Report
*The economic spending driver from Boomers is fading.
*Gen Y and Z have building debt issues, which adds to future problems.
*We are sticking with a call for a stock market low by the end of 2017.
*We have a long-term sell rating on SPY.

We had written that the 50-year-old is shrinking as a percent of the population. We think the 50-year-old is a peak earner and spender. As the economy has gained and lost this powerful human in the economy, so goes the market, typically. We think generations X, Y (Millennials) and Z have their own challenges, primarily debt. We don't expect them to carry the Boomer load.
(This report is based on the novel and incredibly complex Elazar theorem that, get this, People Drive The Economy. Amazing Elazar! If you don't buy that idea, you may not agree with this report.)
Let's review
50-year-olds are the key drivers of the economy.

Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. #in, $spy, $qqq, $iwm, $vxx, $ycs, $fxe, $EUO, $YCS, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES Disclosure: These trades can lose you money and principal especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD BESTIDEAS, ITS CONTRIBUTORS AND ELAZAR ADVISORS, LLC HARMLESS