News Formal

America's getting older — and that's good news for stocks: Deutsche Bank

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

The aging of America is increasingly looked at as a burden, on worries the healthcare and pension spending will blow out at the same time the remaining workforce gets depleted.

They note that life expectancy has risen, and chart the rising median age as a proportion of life expectancy, which globally is now above 40% versus about 35% in 1986. Citing Fed data, in the U.S., those over 70 own 29.5% of corporate equities and mutual funds, up from 21.7% in 1990. The 55-to-69 bracket own 45%, up from 37.2% in 1990.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set to open lower amid earnings; Deutsche Bank beats estimatesEuropean markets were set to open lower Wednesday after a slew of earnings both in the U.S. and in Europe.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks set to open lower amid earnings; Deutsche Bank beats estimatesEuropean markets were set to open lower Wednesday after a slew of earnings both in the U.S. and in Europe.
Source: NBCDFW - 🏆 288. / 63 Read more »