Millennials: Embrace the Bear

The stock market is more expensive today than it was when baby-boomers were starting their careers, writes Bloomberg columnist Nir Kaissar. “Which means,” he adds, “that millennials can’t expect the same payoff from U.S. stocks as their parents.” That said, he writes, since millennials will soon enter their peak earnings years, they should “root for recent market turmoil to turn into a long rout. And if their wish is granted, they should shovel as much… Read More