Who Needs a Recession When You Have Demographics?

Demographics is driving the economy

Who Needs a Recession When You Have Demographics?

After this Globe and Mail column came out, I had a friend call and ask whether he should re-jig his portfolio to get rid of his auto stocks. The piece is about demographics, and specifically about the implications of the fact that people spend differently over their lifetimes (spoiler: as you age you are more likely to hold on to your car, which is not awesome news for automakers). See more her

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