Zero Hedge Millennials Are Now Considered The "Lost Generation"

Lost economic and financially, that is.

The Federal Reserve Bank of St. Louis published a new report examining the relationship between a person’s birth year, and measures of his or her family’s economic status, including income and wealth. Fed economists determined that substantial wealth declines were visible across the age spectrum around the Great Financial Crisis (GFC) but found that young families suffered the most.

Zero Hedge
Millennials Are Now Considered The "Lost Generation"

Tyler Durden

See also

Political impact?

Pew
Millennials projected to overtake Baby Boomers as America’s largest generation

Richard Fry