Economic uncertainty sparks concerns over the future of generational wealth Quick Take
As a looming recession and potential stagflationary environment draw nearer, CryptoSlate’s analysis reveals the deepening wealth generational divide. Particularly, the baby boomers and the silent generation hold the majority of the assets.
We are now witnessing this divide starting to shrink as the repercussions of high-interest rates start to take the fold. This becomes starkly visible when analyzing the performance of the iShares 20+ Year Treasury Bond ETF (TLT). This is an exchange-traded fund (ETF) that tracks the Barclays U.S. 20+ Year Treasury Bond Index, a long-duration bond in the US (20+ years).
Remarkably, TLT has failed to record a profit for over a decade, reverting to levels last seen in 2007. This trend raises serious questions about the state of the economy and the likely impacts on the stock and housing markets, particularly as interest rates reach 15-year highs. The approaching recession, combined with a possible stagflationary environment, could further exacerbate the wealth gap, potentially leading to far-reaching social and economic implications.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
