With that in mind, Bank of America has a way the rest of us can cash in on the boomer boon, writes Insider's Aruni Soni.
Millennials vs. boomer spending Bank of AmericaIf you don't want to invest in boomers, you could always just invest like them.
Regardless of what you decide to do with your money, just don't bank on getting more of it from your relatives.
The billionaire hedge fund boss and owner of the New York Mets isn't expecting a deep recession or prolonged market downturn.
The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons:
—, John Knox, Joe Raedle, boomers, They're, Insider's Aruni Soni, Treasurys, Insider's Filip De Mott, Cuban, Neil Cavuto, Steven Ferdman, Charlie Munger, Bill Ackman, Michael Baron, Steve Cohen, Linda Yaccarino, Elon Musk, Jerod Harris, Jenny Chang, Rodriguez, it's, Arantza Pena, Taylor Swift, Devin Booker, John Adams, Diego Maradona, Ivanka Trump, Keyatta Mincey, Parker, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan
Organizations:
Service, Bank of America, of America, Big Tech, Fox Business Network Studios, Dallas Mavericks, New York Mets, Elon, Elon Musk's, Microsoft, Google, Amazon Web Services, Kansas, HSBC
Locations:
Pompano Beach , Florida, New York City, Phoenix , Arizona, Local Kansas City, Kansas City, McDonald's, San Diego, London, New York