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"The U.S. economy may look rosy on the surface, but under the hood, it’s supported by just three pillars, writes Bleakley Financial Group’s Peter Boockvar: spending by the rich, spending by the government, and anything to do with artificial intelligence."
Do you agree?
Meanwhile, 81% of millennials have said they can’t afford to have a midlife crisis
Read more: https://t.co/zZFY3LgvTj
Unusual Whales - News · 81% of millennials have said they can’t afford to have a midlife crisisMillennials—those born between 1981 and 1996—earn 20% less than baby boomers did at the same age, according to Farmani. On top of that, they face the burden of student loan debt, a tough job market, and rising housing costs—all of which make it harder to achieve financial stability. As a result, many millennials are postponing traditional milestones like buying homes and having children. High housing prices and inflation also limit their ability to spend freely on a typical midlife crisis.
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