What the battle between millennials and baby boomers means for investors

Likewise in the US, inter-generational conflict helps explain widening inequality – millennials are underpaid and swimming in student debt, while boomers are benefiting from relatively high asset prices – and arguably, by extension, the rising political extremism on display in this year's presidential primaries.

Millennials have eclipsed baby boomers in the US, in terms of raw population numbers, but not yet on spending power. At some point this imbalance between these two generations is going to correct itself.

Yet some investors aren't sitting around waiting for that to happen. Like Denver-based Marsico Capital. On a recent visit to Australia, Marsico portfolio manager Brandon Geisler named the demographic shift that will see millennials rise and baby boomers reach the "backend of their spending curve" as a significant theme underpinning his investing.

http://www.smh.com.au/business/markets/what-the-battle-between-millennials-and-baby-boomers-means-for-investors-20160307-gnd0we.html

What the battle between millennials and baby boomers means for investors

What the battle between millennials and baby boomers means for investors

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