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Weekly Market Recap: Is A Market Melt-Up In Process? Or Are Stocks Already 'Too Hot'?

Wealthion - Be Financially Resilient

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The Negative Side of Boomers Spending Money

A lot of baby boomers' wealth is tied up in illiquid assets, so it's not going to be easily converted into liquidity to drive markets. Boomers will spend the vast majority of their money on experiences that have no future return but they have a lot of fun,. Bingo, why you want to own a lot of healthcare stocks in your portfolio? Even though they're not performing now, that's where money is going to be in the next 20 years.

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