Tuesday, May 14, 2013

Millennials are Bigger Savers than Babyboomers

            A USA Today article shows that unlike Babyboomers, Millennials are more geared towards savings.  What impacts might this trend have in the future?  As the Federal Reserve continues to manage markets and rely on stimulated spending, the future generations may not be as willing to spend.  Could this fundamental shift in behavior lead to a fundamental shift in banking?

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