Losing Faith in Equities

The business and economics editor of the Atlantic, Megan Mcardle, recently wrote an interesting article on the topic of the equity risk premium.

In the article--titled "The Great Stock Myth"--Macardle basically takes a look at the broad implications of lower future equity returns.

The gist of the article is the impact the lower equity returns would have on retirement in America since virtually all forms of retirement financing--public and private--have exposure to and are dependent on equity markets.

Well worth the read.