The Longevity Economy: Why Healthy Ageing Is Becoming a Trillion-Dollar Investment Opportunity
People are living longer, but the economic question is increasingly about how many of those additional years can be lived in good health. That distinction between lifespan and healthspan is reshaping the economics of ageing. The demographic shift is substantial. The World Health Organization says the global population aged 60 and over reached more than […]
Why Demographics Are Becoming a Major Market Variable Again
Markets are usually explained through a familiar chain: interest rates, inflation, earnings and valuations. Yet beneath those variables sits something slower-moving and increasingly consequential: the number of people working, spending, saving, borrowing and retiring. That is why demographics and markets are becoming harder to separate. Fertility, migration, longevity and the size of the working-age population […]
The Investment Consequences of Shrinking Working-Age Populations
For much of modern economic history, investors could assume that a growing population would provide a natural tailwind to economic expansion: more workers produced more output, more households consumed more goods, and expanding tax bases supported public finances. That assumption is becoming less reliable as shrinking working-age populations move from a distant demographic concern to […]
