This should make corporate CEO’s sit up and take notice; a link between stock price and exposure to the ageing phenomenon.
The Boomers are richer than any group in history, accounting for 50% of all U.S. discretionary income, and 75% of drug spending. So is Wall Street starting to see the impact of a mass Baby Boomer retirement?
J.P. Morgan has compiled an Aging Population Index that tracks a selection of stocks with exposure to this group.
Given that this index has outperformed the S&P 500 Index in six of the past eight years, it may be worth having a look at them.
Here is a list of the stocks included in the J.P. Morgan Aging Population Index:
Important to note that the list identifies companies way beyond those traditionally associated with the older market.
Well done J.P Morgan!