The Financial Time Machine: Predicting Our Economic Future

When we have a large generation at its financial peak, as we had recently with the War Boom Baby generation (Boomers), we will have a long-term economic expansion. Conversely, as that generation starts to downsize, we will have a long-term contraction. These generational ebbs and flows set a series of waves that pass over the economy representing a tremendous financial force, the magnitude of which financial advisers and the media underestimate. The Boomers were the largest generation in th...