What I read this week
More dispatches from the K-shaped recovery...
Happy Friday from an extremely rainy Cornwall! Here in Newquay we’ve had a few sunny days recently, but there’s a town nearby where it’s rained every day since the New Year. As I covered last week, the warming Atlantic Ocean is likely the culprit – good news for my morning swims, not such good news for the future of life on earth…
This week, I’m trialling a new format for WIRTW – I’m going to be giving a short bullet point summary of each of the articles covered before writing a few paragraphs of analysis. I want this column to provide a lot of information relatively succinctly, so I figured this format might work better.
Let me know if you prefer it in the comments – thanks!
Articles
How baby boomers got so rich and why their kids are unlikely to catch up – The Washington Post
Baby boomers have accumulated $85.4 trillion in wealth. They hold more than half of corporate equities and mutual fund shares despite being only about one-fifth of the population.
