Locator: 48631WEALTH.
July 1, 2025: the
important thing to note here: the amount of money to be passed to the
next generations in the US has long been stated to be $84 trillion.
Somewhere along the way that was updated to $124 trillion.
- Merrill Lynch impact: linked July 1, 2025; undated; link will probably disappear over time.
- MarketPulse: linked July 1, 2025; dated June 28, 2025; link will probably disappear over time.
- MarketPulse, Bezos: linked July 1, 2025; ; dated June 28, 2025; link will probably disappear over time.
- Gloom and doom always around the corner: PowerLine, June 30, 2025; link here.
This is Cramer's thesis.
- intergenerational wealth transfer is driving this market;
- the X, Y, Z, and Alpha generations, as a group, is the Robinhood generation.
"The Robinhood generation" is a metonym for the way young investors are investing compared to "old school."
The Robinhood theory of investment is turning "old school" on its head. BRK, Costco, Nvidia over five years:
- old school, over five years, Costco: up 233%.
- really old school, over five years, BRK-B: up 172%.
- Robinhood, over five years, Nvidia: up 1,544%.
The bow wave of intergenerational transfer of wealth is now receding.
From AI: the baby boomer generation peaked in population in 1999, with nearly 79 million individuals. This peak included those born between 1946 and 1964, encompassing the post-World War II baby boom. The U.S. Census Bureau defines baby boomers as individuals born between mid-1946 and mid-1964.
