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U.S. Retirements

Summary:
10,000 per day now...  Transfer payments of Social Security and Medicare starting to dominate the growth in leading fiscal flows... mega-trend will continue for years...More than 10,000 people are now retiring each day in the U.S. But this daily retirement figure may fall by close to 2,500 people from an expected peak in the year 2023 to the year 2042 https://t.co/8tKzcfRiRS— Bloomberg Economics (@economics) June 4, 2019

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10,000 per day now...  Transfer payments of Social Security and Medicare starting to dominate the growth in leading fiscal flows... mega-trend will continue for years...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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