Jim’s Quote of the Day:

“From housing to the dollar, banking to commodities, national debt to soaring Medicare and Social Security obligations: it’s difficult to see the period since 2002 as anything other than one of profligacy and utter fiscal mismanagement. I am not a bear by nature, but when you consider the average debt of the average household and the concentration of household assets in housing, it’s difficult to see happy retirements for many baby boomers.” – Brett Steenbarger