Q4 earnings have been quite impressive too. I do imagine we underestimate the boomers here, the amount of wealth they sit on and the completely inelastic consu

Q4 earnings have been quite impressive too. I do imagine we underestimate the boomers here, the amount of wealth they sit on and the completely inelastic consumer spending they represent along with giving them an 8.7% raise in 2023. The people I know that get social security already have more money than they can ever spend in investments alone. They don't even spend their pensions let alone touch the SS check.