Baby Boomers' $76 Trillion Savings Shield US from Recession According to market expert Ed Yardeni, one group has injected $76 trillion in savings into the economy and are primarily responsible for helping prevent a recession: Baby Boomers. Their increased spending on services like restaurants, travel, and healthcare is boosting payrolls and incomes, countering traditional recession indicators that focus on the goods economy. Yardeni argues that this generation’s spending habits, particularly as they retire, are crucial in sustaining economic growth despite widespread recession fears. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Case For Silver Could Not Be Clearer READ MORE Gold Shines: Analysts Project $2,700 Target by Year-End READ MORE Green Bonds Gleam with Promise as Interest Rates Set to Tumble READ MORE Home Prices Set to Surge Despite Overvaluation: Fitch's Forecast READ MORE Dimon Warns: US Economic Outlook Uncertain, Recession Risk Lingers READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment