Tag Archives: generational wealth

The Generational Short Part 2: Who Will Boomers Sell Their Stocks To?

Those who see the current era as the New Normal also have one logical action: sell now at the top and wait for the smoke to clear in 2016. In The Generational Short: Banks, Wall Street, Housing and Luxury Retail Are … Continue reading

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The Generational Short: Banks, Wall Street, Housing and Luxury Retail Are Doomed

If Gen-Y cannot afford to buy Boomers’ houses at bubble-level prices, then what will keep housing prices at these elevated levels? Mish recently posted excerpts of a Brookings Institution study on changing generational values: How Millennials Could Upend Wall Street and … Continue reading

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The Decline of Small Business and the Middle Class

The only way to not just survive but thrive as an entrepreneurial enterprise is to destroy fixed costs and labor overhead. It is not coincidental that the middle class and small business are both in decline. Entrepreneurial enterprise and small business … Continue reading

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The Destabilizing Truth: Only the Wealthy Can Afford a Middle Class Lifestyle

The “middle class” has atrophied into the 10% of households just below the top 10%. The truth is painfully obvious: a middle class lifestyle is unaffordable to all but the top 20%. This reality is destabilizing to the current arrangement, i.e. … Continue reading

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