Saturday , January 18 2020
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Tag Archives: Millennials

13/12/19: UK Vote and Younger Voters

On foot of the UK General Elections results, here is a telling sign of the changing generational effects on voting with some questions for the U.S. 2020 election: Given the above numbers, the 'younger voters tide of change' expected in 2020 in the U.S. elections is a function of two factors: turnouts and demographic concentrations. We are, of course, yet to get this data from the UK polls.Worth thinking about these, if you are a political analyst.

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The One Chart Every Millennial Should Ignore

The media is full of articles about the financial situation of Millennials in today’s economy. According to numerous surveys, they are saddled with too much debt, can’t secure higher wage-paying jobs, and are financially distressed on many fronts. Moreover, this is occurring during the longest financial and economic boom in the history of the United States. Of course, the media is always there to help by chastising boot-strapped Millennials to dump their savings into the financial markets to...

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The Voice of the Market- The Millennial Perspective

“Those who cannot remember the past are condemned to repeat it.” – George Santayana Current investors must be at least 60 years old to have been of working age during a sustained bond bear market. The vast majority of investment professionals have only worked in an environment where yields generally decline and bond prices increase. For those with this perspective, the bond market has been very rewarding and seemingly risk-free and easy to trade. Investors in Europe are buying bonds...

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6/7/19: American Pride: Another Divide

A great nation, divided and wanting for change as it may be... But just how divided are Americans? Bloomberg chart on a recent Gallup Poll data is quite telling: The first thing to note is the demographic divide by age. Less than 50 percent of 18-29 year olds in the survey are 'extremely' or 'very' proud of being American. Less than 2/3rds of those of age 30-49 do as well. For older generations, the same number is 80 percent and higher.The second is the partisan divide by party...

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31/5/19: Generational Gap in Self-reported Satisfaction with Life is at Whooping 28 percentage points

Commonly discussed in the media and amongst economists, generational gap in quality of life and socio-economic environments is also evident in the self-reported satisfaction with life surveys. Here is the recent data from Gallup (link: https://news.gallup.com/poll/246326/six-seven-americans-satisfied-personal-lives.aspx) released back in February 2019: In 2017, 57% of Americans of all ages were very satisfied and 30% somewhat satisfied with their lives. This remained relatively stable in...

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21/5/19: ‘Popping up everywhere’ or not? Entrepreneurship and start ups

Much has been written, taught and said about the New Age of Entrepreneurship and the new generations of entrepreneurs, allegedly springing up across the modern economies. The problem is, for all the marketing hype and academic programs enthusiasm, entrepreneurship (new business formation) is actually running pretty low.Here is the U.S. data on new business formation: While other data, e.g. Kauffman Foundation, shows relatively stable and even higher rates of entrepreneurship over recent...

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Millennials Rising, Risks Increasing

Righteous! Check out today’s cover of the Economist. It confirms our ongoing analysis and illustrates why you should read the Global Macro Monitor, folks. It’s been almost exactly one year to the date since we posted,  Karl, The Comeback Kid?  We warned the 1-percenters to “Wake The F&*k Up” to what was coming — a move to Nordic Capitalism — especially if the millennials started to show up at the ballot box. They did in November by increasing their turnout by more than 50...

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Bonds Are Dead…Again?

Not trying to be a wet blanket here, but c’mon. Again?  Maybe the line I’m walkin’ needs to be crossed. Too early to say. The pros in this business who believe the 10-year Treasury yield must breach 4% are piling on to one side of the boat. The contrarian in me along with several data points compel me to maintain a preference to remain on the lonely side of the ship. Most likely what you’re witnessing is a peak in intermediate and long-term interest rates, not the start of something big. I...

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3-Steps To A Successful Open Enrollment – Part 2

In Part 1,  I sought to help RIA readers understand the importance of selecting and rethinking a healthcare employer benefits option that should serve more as a “healthcare-in-retirement” account. A Health Savings Account provides triple tax-free benefits; a unique feature that makes maximum annual funding to subsidize rising health-care costs in retirement, a no-brainer. Non-catastrophic current healthcare expenditures should be accounted for in a household budget, thus allowing the HSA to...

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3-Steps To A Successful Open Enrollment – Part 1

It’s almost that time again. Another year, another window of opportunity to select employer benefits options for the upcoming new year. How do American workers feel about open enrollment season? According to the latest Aflac Workforces Report, 67% of the 5,000 employees who participated in the study described benefit enrollment as complicated, long or stressful. Amazingly, 83% of respondents spend less than hour researching available options; 20% do no research at all. An overwhelming 92%...

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