3min chapter

The Compound and Friends cover image

Charts Out the A**

The Compound and Friends

CHAPTER

Strength of the Economy, Demographics, and Housing

This chapter explores the factors contributing to the strength of the economy, including fiscal spending and running deficits. It also discusses the demographic changes brought about by the pandemic and their economic implications, such as the shift in the most common age in the United States. The chapter further examines the trend of borrowing against securities portfolios and how demography might challenge previous predictions. Lastly, it touches on the housing shortage and the significant proportion of homes being bought in cash.

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