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Millennials Think the Trump Economy Is Going to Implode

Millennials, usually optimistic, are feeling grim about the upcoming year.
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Photographer: Daniel Acker/Bloomberg

Ah, 2017. Sweet relief from the turbulent 365 days prior, which was marked by a contentious election, a surprise European Union departure and countless celebrity deaths. Or not. While the new year marks a fresh start for many, millennials aren't so optimistic. In fact, this generation is the only one to say they're feeling worse, financially, about 2017 than 2016.

In the days following the election, Country Financial Group, an insurance and investment firm, conducted its annual financial security index and found that the score was lowest for millennials, defined as those between 18 and 34 years old, at 60.9 (the highest score is 100). To determine its score, used a survey that asked over 1,000 Americans questions about their financial stability, like whether they had savings, or if their assets were adequately assured. Independent research firm GfK collected the data. Generation X-ers, (people aged 35 to 49), had a score of 66.6. Boomers (between the ages of 50 to 64) came in at 69.2. The Silent Generation, defined as those over age of 65, had the highest score at 71.2.