Echo-Boomers in the Stock Market

New report out from Tobias Levkovich at Citi arguing that the "Net Generation" [ed., ugh] of Americans is entering its peak savings period over next 3-4 years. All else being equal, he argues, their savings are likely to exceed withdrawals from retiring baby boomers.

The trouble is, of course, all else isn’t equal, and boomers’ savings has been whacked in a major way. Meanwhile, Net Generation sorts have been scarred for life about capital markets.

Nevertheless, it is a demographic point worth considering.


More here.