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Re: Macy's Stock Falls 10% as Sales Plunge Worsens,,,,,,,,,,,,, Amazon?????? 

By: Zimbler0 in POPE IV | Recommend this post (1)
Fri, 12 May 17 11:19 PM | 71 view(s)
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Msg. 25358 of 47202
(This msg. is a reply to 25346 by Decomposed)

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If a millennial can't get a good paying job . . .

How much buying power will they have versus a Boomer
who worked, saved, and invested his entire life? Who
might also have a pension . . .

Zim.




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The above is a reply to the following message:
Re: Macy's Stock Falls 10% as Sales Plunge Worsens,,,,,,,,,,,,, Amazon??????
By: Decomposed
in POPE IV
Fri, 12 May 17 7:56 PM
Msg. 25346 of 47202

micro: 

re: "Younger generation forgot that the boomers still far and away outnumber them and they are the ones with the purchasing power."

The first part of that statement is no longer true. As a percentage of the population, the baby boomer generation was certainly a record breaker. But the U.S. population has grown even as some 12 million baby boomers have died... and if you look at the actual numbers today you find: 

Millennials overtake Baby Boomers as America’s largest generation
http://www.pewresearch.org/fact-tank/2016/04/25/millennials-overtake-baby-boomers/

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