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      • The US economy has baby boomers to thank for its strength and resilience even as some worry about a potential recession. According to market veteran Ed Yardeni, the baby boomer generation is powering spending in key areas of the economy that have seen massive job gains in recent years.
      www.businessinsider.com › us-economy-baby-boomers-are-driving-economic-strength-ed-yardeni-2024-4

      The Strong US Economy Is Being Driven by Millions of Baby ...

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  3. www.businessinsider.com › us-economy-baby-boomersThe Strong US Economy Is Being Driven by Millions of Baby ...

    Apr 9, 2024 · You can thank baby boomers for the strong US economy, according to market veteran Ed Yardeni. Boomers are by far the richest generation, and they're spending more money as they retire in...

  4. fortune.com › baby-boomers-keeping-economy-afloatThe baby boomer bump: How ‘the richest retiring ... - Fortune

    May 23, 2024 · adamkaz. Baby boomers, members of the wealthiest generation in history, are beginning to retire in record numbers. Though much has been made about the effect of that on workplaces, its effect...

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  6. www.economist.com › finance-and-economics › 2024Baby-boomers are loaded. Why are they so stingy? - The Economist

    May 26, 2024 · Boomers have deep pockets, so their spending choices will exert a huge influence on global economic growth, inflation and interest rates. And it turns out boomers are remarkably stingy—not...

  7. fortune.com › 2024/04/29 › rich-americans-spendingHow the baby boomer 'wealth effect' is driving inflation: it ...

    Apr 29, 2024 · The so-called “wealth effect,” whereby rising home and stock values give people confidence to increase their spending, is a big reason why the economy has defied expectations of a sharp...

  8. www.economist.com › leaders › 2024/05/30What penny-pinching baby-boomers mean for the world economy

    May 30, 2024 · What penny-pinching baby-boomers mean for the world economy. They are saving like never before. But even that may not bring interest rates down. Illustration: Vincent Kilbride. May 30th 2024....

  9. www.mckinsey.com › featured-insights › employmentTalkin' 'bout my generation: The economic impact of aging US ...

    Jun 1, 2008 · MGI research shows that the nearly 79 million Baby Boomers have earned record levels of income, generated great wealth, and spurred economic growth. But they have also spent at record levels, failed to save, and accumulated unprecedented levels of debt.

  10. www.nbcnews.com › business › economyAffluent Americans are driving U.S. economy and likely ...

    Apr 29, 2024 · Even so, as the huge baby boom generation has aged and, on average, has accumulated more assets, they have accounted for a rising share of consumer spending.

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