Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire economy, a portfolio manager says.
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Posted: 2024-09-21 05:33:00
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Economy News: Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
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Posted: 2024-09-21 05:33:00
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Baby Boomers Set to Leave Gap in the American Workforce That Young Adults Are Unlikely To Fill
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Baby Boomers Have Never Been So Wealthy, Yet Many Aren't Feeling the Booming Economy. Here's Why.
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Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy. - AOL
Thu, 07 Nov 2024 16:00:00 GMTBaby boomers' wealth is an "underappreciated" risk to the economy, a portfolio manager told BI. That's because they could be heavily impacted by swings in stock and home prices.
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IMF Video: Rising to the challenge: Europe’s path to growth and resilience
Play Video: Rising to the challenge: Europe’s path to growth and resilience
The sharply deteriorating global order is adding further complications to Europe’s already challenging economic situation. New tariffs come at a time when economies are grappling with structural transformations in demographics and energy, and amidst increasing security spending needs. Export markets are shrinking, uncertainty is undermining firms’ willingness to innovate, and public expenditure needs are rising. Without a turnaround in growth, Europe’s ability to deliver on its social welfare promises is in jeopardy. If European policymakers were to seize the moment, the region’s growth potential and resilience to shocks could rise substantially.
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IMF Video: Global and Regional Economic Developments and Outlook
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This high-level event that will bring together policymakers, business leaders, diplomats, and academics to explore how global and regional developments impact countries in the Middle East and North Africa. Amid heightened global uncertainty, the discussions will focus on the policy actions required to foster sustained growth, stability, and shared prosperity across the region.
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IMF Video: Sub-Saharan Africa Regional Economic Outlook–April 2025: Three Key Messages
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Despite stronger-than-expected performance last year, Sub-Saharan Africa now faces global uncertainty and reduced external funding, slowing growth to 3.8% in 2025. With limited fiscal space and elevated debt levels, countries must prioritize domestic revenue mobilization, spending efficiency, and ambitious reforms to build resilience against future economic shocks. IMF African Department Director Abebe Aemro Selassie shares three key messages from the latest economic outlook for sub-Saharan Africa. https://www.imf.org/en/Publications/REO/SSA/Issues/2025/04/25/regional-economic-outlook-for-sub-saharan-africa-april-2025?cid=sm-com-ig-SM2025-REOAFREA2025001
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Play Video: آفاق الاقتصاد الإقليمي لمنطقة الشرق الأوسط وشمال إفريقيا: ثلاث رسائل أساسية
جهاد أزعور من صندوق النقد الدولي يعرض ثلاث رسائل أساسية حول أحدث الآفاق الاقتصادية لمنطقة الشرق الأوسط وشمال إفريقيا. تعرف على دور عدم اليقين العالمي المتزايد، والصراعات الإقليمية، والحاجة إلى تعزيز القدرة على الصمود في تشكيل الآفاق الاقتصادية للمنطقة. اقرأ التقرير الكامل: ]رابط[ https://www.imf.org/en/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025
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IMF Video: Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord: 3 messages principaux
Play Video: Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord: 3 messages principaux
Jihad Azour, du FMI, communique trois messages principaux issus de la dernière édition des Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord. Découvrez comment l’incertitude mondiale croissante, les conflits régionaux et la nécessité de renforcer la résilience façonnent les perspectives économiques de la région. Lire le rapport dans son intégralité : https://www.imf.org/fr/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025
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World Economic Forum Video: What’s Next for China’s Economy & 5 Exciting Technologies of 2025 | WEF | Top Stories of the Week
Play Video: What’s Next for China’s Economy & 5 Exciting Technologies of 2025 | WEF | Top Stories of the Week
This week's top stories of the week include: 0:15 What’s next for China’s Economy – As AI surges and global trade dynamics shift, how can China balance breakthrough tech with inclusive economic growth? Three experts offer insights on trade, technology and jobs in China’s evolving landscape. 3:56 Can AI really help us? – AI shouldn’t just be about unicorns and breakthroughs. It should work for everyone. Singapore's Prime Minister Lawrence Wong says the goal isn’t just chasing AGI – it’s making sure every citizen and company can benefit from AI. 7:27 Energy, climate & national security – Clean energy investment is a bright spot amid downbeat forecasts for global growth, says Egyptian minister Rania Al-Mashat. It’s important for organizations to be open about climate impacts they’re already facing, says sustainability expert Lindsay Hooper. 11:55 5 exciting technologies of 2025 – From digital trust to clean energy, 2025 is seeing breakthrough innovations with wide-ranging impact. Here are five of the most promising technologies this year. ____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/ Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum
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Reuters Video: Business Lookahead: Trump's trade deal deadline | REUTERS
Play Video: Business Lookahead: Trump's trade deal deadline | REUTERS
From investors counting down the days until US President Trump's trade deal deadline to Wall Street inching closer to European markets' gains, these are the business and finance stories to watch. #usastocks #nasdaq #trumptariffs #trump #markets #News #Reuters #Newsfeed 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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Reuters Video: Stronger euro could create 'more serious repercussions' | REUTERS
Play Video: Stronger euro could create 'more serious repercussions' | REUTERS
The ECB is starting to worry that a rapid rise of the euro could derail efforts to anchor inflation. George Buckley from Nomura told Reuters that the ECB could cut interest rates further, 'not to influence the currency, but to offset it'. #News #ECB #inflation #US #markets #business #Reuters #Newsfeed Read the story here: https://reut.rs/3Tk6Lhk 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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Reuters Video: China spares major cognac makers from EU duties | REUTERS
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China spared major cognac producers Pernod Ricard, LVMH and Remy Cointreau from hefty duties on EU brandy, a rare bright spot at a time of trade tensions between Brussels and Beijing as the two sides row over tariffs on Chinese-made EVs. #News #china #cognac #EU #Reuters #Newsfeed Read the story here: https://reut.rs/3TVOGX2 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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Reuters Video: Market Talk: Fed ‘could start with 50 basis point cut in December’ | REUTERS
Play Video: Market Talk: Fed ‘could start with 50 basis point cut in December’ | REUTERS
James Smith from ING told Reuters that the job market is a lagging indicator and that tariff-related inflation will be short-lived, prompting the Fed to ‘get cracking’ with easing later this year. #News #markets #Fed #business #Reuters #Newsfeed 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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Reuters Video: The Week in Numbers: tariff deadline, Tesla troubles | REUTERS
Play Video: The Week in Numbers: tariff deadline, Tesla troubles | REUTERS
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Business Video: US economy added a stronger-than-expected 147,000 jobs in June
Play Video: US economy added a stronger-than-expected 147,000 jobs in June
The US economy added a stronger-than-expected 147,000 jobs in June, according to Bureau of Labor Statistics data released Thursday. Last month’s gains, which landed above expectations for 117,500 jobs to be added, marked a slight increase from May’s total of 144,000. CNN’s Matt Egan reports #CNN #News
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Business Video: Tesla sales plunge once again amid Elon Musk's political moves
Play Video: Tesla sales plunge once again amid Elon Musk's political moves
Tesla reported another record sales plunge Wednesday, as brand damage from CEO Elon Musk’s political activities and increased competition continued to batter the once fast-growing electric car maker. Tesla reported it sold 384,122 cars in the quarter, down nearly 60,000 cars, or 13.5% from the sales total a year ago. That marks the largest year-over-year drop in sales in the company’s history. However, that number is up 14.1% from its first quarter total. CNN's Boris Sanchez speaks with the New York Times's Kate Conger, and CNN's Zain Asher speaks with CNN media correspondent Hadas Gold and TechCrunch's Sean O'Kane. #CNN #News
Published: 2nd Jul 2025 08:48:54 By: CNN
Business Video: Paramount settles Trump’s ‘60 Minutes’ lawsuit
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Business Video: ‘This will have negative implications for every American,' says GOP economist on Trump megabill
Play Video: ‘This will have negative implications for every American,' says GOP economist on Trump megabill
CNN’s Bianna Golodryga speaks with Jared Bernstein, the former Chair of the White House Council of Economic Advisers, and Douglas Holtz-Eakin, the former Congressional Budget Office Director, about the passage of Trump's megabill in the Senate. #CNN #News
Published: 1st Jul 2025 07:15:01 By: CNN
Business Video: Powell says the Fed would have cut rates this year if it weren’t Trump’s policies
Play Video: Powell says the Fed would have cut rates this year if it weren’t Trump’s policies
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said. “I do think that’s right,” he said at a central banking forum in Sintra, Portugal, when asked if the Fed would have cut rates by now. #CNN #News
Published: 1st Jul 2025 05:17:04 By: CNN
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