Early Stages of 'Great Wealth Transfer' Underway, Says Hamish McRae
UKPulse Money Desk
Hamish McRae states that the 'great wealth transfer' is in its early stages, involving trillions of pounds being passed from older generations to Generation X.
- The 'great wealth transfer' is in its early stages.
- This transfer involves money moving from baby boomers and the silent generation to Generation X.
- The amount of money being transferred runs into trillions.
According to Hamish McRae, the 'great wealth transfer' is currently in its early stages. This process involves trillions of pounds being passed from older generations, specifically the baby boomers and the silent generation, to Generation X.
McRae also noted that there are no strong signals indicating a global recession at this time.