John Authers, Columnist

Aging Is a Far Bigger Market Issue Than Just Biden

Insurance, health care and pension funds are struggling with political institutions in a world that’s living and working longer.

July 22, 2024 at 5:17 AM UTC

By John Authers

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Letting go.
Photographer: Michael Nagle/Bloomberg

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Aging and mortality apply to all of us. That is among many reasons why the crisis around Joe Biden, who has now made the painful decision not to run for the presidency, has gripped the world. The difficulty that we all have in coping with those issues, or even addressing them, is central to the dreadful mess that has become the US election.