Sudden, sharp increase in global risk aversion by baby boomers
The scale of the recent stock market sell offs is indicative of a sudden, sharp increase in global risk aversion by baby boomers and retirees in the US and around the world seeking to move out of risky assets at the same time.
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The Global Financial Crisis »The Global Financial Crisis
Immediate triggers of the financial crisis? »Immediate triggers of the financial crisis?
Sudden evaporation of market confidence/trust »Sudden evaporation of market confidence/trust
Sudden, sharp increase in global risk aversion by baby boomers
Comparatively few buyers in next generation »Comparatively few buyers in next generation
Economists advise people to reduce risk as they age »Economists advise people to reduce risk as they age
Early baby boomers will be hit particularly hard »Early baby boomers will be hit particularly hard
Natural financial dynamics of the baby boom generation »Natural financial dynamics of the baby boom generation
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