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Retiring Boomers Are Deflationary, Right?


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 ....

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Fewer working-age people may slow economy. Will it lift pay?


Fewer working-age people may slow economy. Will it lift pay?
CHRISTOPHER RUGABER , AP Economics Writer
July 3, 2021
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In this May 26, 2021 photo, a sign for workers hangs in the window of a shop along Main Street in Deadwood, S.D. The U.S. working-age population shrank last year for the first time on record, as immigration slowed sharply, millions of Americans reached retirement age, and thousands died from the coronavirus.David Zalubowski/AP
WASHINGTON (AP) As America s job market rebounds this summer and the need for workers intensifies, employers won t likely have a chance to relax anytime soon. Worker shortages will likely persist for years after the fast-reopening economy shakes off its growing pains. ....

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