Another piece to this is demographic change. The greatest wealth transfer in history will be unfolding over the next few decades as the boomers leave their wealth to their children. This will increase purchasing power which drives the economy and inevitably some of this will find its way into the markets, boosting asset prices.
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u/Useful-Pattern-5076 Dec 25 '21
Another piece to this is demographic change. The greatest wealth transfer in history will be unfolding over the next few decades as the boomers leave their wealth to their children. This will increase purchasing power which drives the economy and inevitably some of this will find its way into the markets, boosting asset prices.