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Are Stocks Doomed by Demographics?

Are Stocks Doomed by Demographics?
Photograph by Ann Summa

The stock market got a big boost on Sept. 13 when the Federal Reserve announced it would be pumping money into the financial system for as long as it takes to lift the economy. But what if the Fed is up against a force that’s stronger than money—demographics?

Last week I came across a gloomy analysis on the aging of America’s impact on the economy. Then I found strategists who are using demographics to make a bullish case. Here are the details.