/biz/ - Business & Finance

>>56787085
Most millennials are well into their 30s now. Other generations had begun to amass wealth at much earlier and faster rates. Try thinking about the situation a little more before being so quick to post your uninformed opinion.

>>53780722
>>53780722
>If you were smart you would invest all your cash in bonds
Opinion immediately discarded. Only a retard would purchase bonds in a market that is literally burning, where the only solution that doesn't involve a complete depression, instead has interest rates over the ACTUAL CPI.
The time to buy metals is now, because by the time everything stock and bond related is evaporating, the average joe won't be able to access the vaults via any legal means.
>>53780917
>The Fed isn't going to slash rates until at least another year at this point
Thats a fucking rosy scenario you're describing mate, we're going to see 8% interest rates in 12 months, assuming we don't see the stocks tumbling and the people rioting in the streets for food.
>>53782961
Based
>>53782977
All of the above, the reason this is happening is because the entire system is ruled by (((them.))) Either they'll fuck everything up at the same time on purpose, or by being absolutely incompetent by nature.
>>53784151
>The chinese central bank is lowering its interest rates right now for example. But I think they wont let the common man participate in this market.
Even if they did, you don't want to throw your money into anything chinese, the CCP is too likely to fuck you somehow.
>>53786345
>The 2yr has little duration risk, and would moon (relatively) if the fed cuts rates
Willing to wager the fed will do no such thing.
>>53786936
>And if you are a company, and your input and output costs rise 5% from inflation, your profit rises 5% too
Not if consumers are impacted to the point where they stop consuming what said company produces.

>>53604529
Based economic graph poster. Boomers had something like 4x the wealth millennials do when they were the same age

>>50960501
I think it also has to do with the wealth sweet spot, or rotten spot I suppose. If you are poor as shit, you have tons of children, but if you are poor in a rich country, you have contraception and abortion and a overarching narrative about when it's "the right time" to have kids. My gf's mom influenced her not to have kids in her 20s because she did and was too financially unstable. Basically we are living in a time when the older generations are holding an obscene percentage of the wealth and the younger people who would be starting families if this were any other time don't have the same milestones like home ownership or a stable career but instead have to rent and take a zero hour contract job. Shit's massively fucked up from every angle. If the Boomers were smart they'd be passing down major wealth to help their kids have stable families, but instead they want to horde their wealth and slowly waste it.