More bad news for housing… one chart shows the bottom could still be far away…Credit crunch slams entitlements… demise of Social Security, Medicare now years closer…Stocks suffer… Bill Jenkins on the “surprise” data behind today’s sell-off…Jim Nelson shares one of “the world’s most exciting growth industries”…Plus, Byron King’s taking profits… a sector worth selling, right now

“Living on $1700 a month sounds like a very slow, painful existence. Not what I planned for in my retirement.”  If you aren’t already aware of it, the baby boomers have started to retire. They first hit the system a few years ago. Over the next twenty to thirty years, our culture will be challenged as never before by the largest shift of population ever to leave a work force and begin retirement.

Italian elections have traditionally been confusing, with one weak center-left coalition government replacing another. But the election held on April 13-14 was unusual for Italy, as it produced a clear result.