July 13, 2021 | Retiring Boomers Are Deflationary, Right?
John Rubino John is author or co-author of five books, including of The Money Bubble, The Collapse of the Dollar and How to Profit From It, Clean Money: Picking Winners in the Green-Tech Boom and How to Profit from the Coming Real Estate Bust. A former Wall Street analyst and featured columnist with TheStreet.com, he currently writes for CFA Magazine.
There’s never been a generation as influential, for good or ill, as today’s Baby Boomers. So our mass retirement over the next decade should, in theory, be a big deal.
One scenario has us selling our stocks and either spending the proceeds or moving them into less risky assets like bonds and cash. This reverses the past few decades’ upward pressure on stock prices and sends them down hard. At the same time, we downsize our living arrangements, swapping multi-story McMansions for smaller one-story homes conducive to aging in place. Large house prices, as a result, plung
Retiring Boomers Are Deflationary, Right?
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Retiring Boomers Are Deflationary, Right? – Investment Watch
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