The website of economist and keynote speaker Linda Nazareth, expert in demographics, global trends and the future of work
Twenty and thirtysomethings would apparently rather buy experiences than things, and that has some very definite implications for retailers – or as least that is one theory. As this article from Bloomberg Business suggests, the stock market tells the tale of what is happening very clearly, and will continue to do so as the millennials […]
When people rhyme off the things they want to do in retirement, ‘pay off debts’ is never on the list. Nevertheless, it is something that baby boomers will have to do anyway, if data from the New York Federal Reserve (NY Fed) is to be believed. According to a just-released study by the NY Fed, […]
Former Abercrombie CEO Mike Jeffries (yes, I said ‘former’, he stepped down today) said some pretty dumb and offensive things about who he wanted his clientele to be. If the company’s numbers were good nobody might have cared, but in this retail environment he rightly got beat up for them. As far as selling the […]
Freelancing, the best thing ever to happen to the workplace or an evil idea designed to make workers poor and companies inefficient? We are not even close to a consensus on that, but apparently we are getting closer. According to one new study, 41 percent of U.S. employers plant to increase their use of freelancers […]
Here’s a a dry news headline that buried in the back pages of business sections yesterday but deserves a closer look: according to debt-ratings service Moody’s, the 25 largest U.S. public pensions face about $2 trillion in unfunded liabilities. Translation: unless something changes, retiring U.S. public sector employees will not get the pensions they have […]
‘Financial Repression’ or the generational divide over low interest rates.
Boomers have moved into the cities – but that might not drive city growth forever.
Here’s a quick quiz – which would you rather do: 1) Live in poverty or 2) Live with your spouse? A lot of baby boomers seem to be choosing (1), although they may not actually know it.
Demographic shifts are going to shake up your portfolio. Part I: How portfolios change over a lifetime.
Oh the labor shortage thing: it get dredged up every so often, and not without cause. We all know the theory behind it, more or less. The boomers are aging, and they are going ot exit the labor force. The generation coming up behind them was not nearly as plentiful in numbers, so they won’t […]
