Smead of Smead Capital Sees Growth, Profit in Baby Boom (Audio)

Bill Smead, chief investment officer, chief executive officer, and founder of Smead Capital, says the current baby boom of millennials, estimated at more than 86 million people, will boost demand in the U.S., push gross domestic product up to at least four percent, and boost blue collar jobs and wages. He says many companies will benefit from this including Gannett Co. Inc., Wells Fargo & Co., Nordstrom Inc., and many more across a wide range of industries. Smead speaks with Bloomberg's Kathleen Hays on Bloomberg Radio's "The Hays Advantage".

(Source: Bloomberg)

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