Ms. Rapacon argues that Echo Boomers ought to line up and buy stocks. Do you want to know why, Echo Boomers. You're YOUNG and you have all the time in the world! Of course, she writes this because Echo Boomers are fleeing stocks, and at a much quicker pace than other generations (which, according to Mish, would be the wise thing to do in a disaster - "panic first").
While stocks may offer more potential for investors in the future, they also may not. For instance, evaluate the Nikkei index:
Betting on past performance works well in the media, but they won't give you examples of how it failed. Echo Boomers have seen disasters (think dot com bust, housing bust, Enron collapse, et cetera), and their skepticism is wise. Keeping a decent amount of cash to seize opportunities or even have some security remains an excellent strategy. In fact, Mark Cuban even states that "cash is king."
In the meantime, maybe Fidelity and Kiplingers can find better writers?