Well not exactly, but there is truth in this. It takes a fertility rate of 2.1 children per woman to hold a country’s population steady. The U.S. had been at this number but recently has fallen back (see chart below). The number of children American women hope to have and what they achieve is drifting […]
Demographics
The 2-Minute Thought: The Demographic Dividend Is Over
I’m refraining from using the title, “It’s the demography, stupid!” or “Demographics are destiny.” They have been used so many times before. But sometimes demographics really do explain so much. Demographic changes are slow. They are hard to see. They don’t trigger discrete market events or sudden price changes. But their effects can be huge. […]
