How does a shrinking population affect the stock market?
Stock market growth comes from economic growth plus leverage. Economic growth comes from population growth plus productivity growth. Population growth comes from fertility rates and immigration. But what happens when a population stops having children? What does that mean for the economy and, ultimately, the stock market?
Aaron and Trishul walk through the data behind global population trends, using Japan as a cautionary example.
Episode References
MMS #157. What the hell is jobless growth?
MMS #119. What if we live forever?
Global GDP
World Population
Global Fertility Rate
US Population
US Fertility Rate
Japan Population
Europe Fertility Rate
Data Insights
Pew Research: Pop Growth in 100 Years
Life Expectancy
Birth Rate By Country
GDP By Country
Fertility Rates
Largest Countries by GDP
NIKKEI
ACWI
Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.
