Below is our world-renowned Demographer Neil Howe's latest weekly podcast. Neil discusses newsworthy market events that will prove the most timely, topical and consequential in the week ahead.
He talks through the news looming largest on his radar screen to keep your investing laser focused and confident. This free webcast compliments his in-depth research product Demography Unplugged.
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In this latest issue of my weekly podcast, we discuss the race for a vaccine. Both Pfizer and Moderna announced that preliminary data show that their vaccines are over 90% effective. Yet despite the good news, there are still some major hurdles for these vaccines. 1. They have to be stored at sub-zero temperatures. 2. There is deep public distrust in their safety. 3. There hasn't been time to study their long-term effects (ADE, cross-reactivity, immunity duration, etc.).
Is political polling dead? Pre-election day polls showed Democrats rolling easily into the White House, regaining the Senate, and expanding their majority in the House. While pollsters had the popular vote for the presidency within the margin of error, they failed to predict Senate and House outcomes. They seem to have missed the "shy" Republican voter, who split their ticket.
Republican women expand their numbers. At least 15 new Republican women were elected to Congress this year, a new record for the party. With all the Republican female incumbents holding their seats so far, GOP women are set to more than double their ranks in the House.
Between 2019 and 2020, the number of retired Boomers increased by 3.2 million. Until now, the annual average for this figure has been 2 million. Probable culprit: the pandemic, which is persuading many lower-earning Boomers to call it quits.
15 Asian countries sign a new trade deal. Last Sunday, 15 nations signed the RECP, which streamlines country of origin laws. It is the first trade agreement between China, South Korea, and Japan. Noticeably, India is not in the deal. Prime Minister Modi claimed India would be flooded with "cheap" Chinese goods if they took part.
Hungary and Poland stall EU budget and recovery bill. On Monday, diplomats from Hungary and Poland announced they would veto the long awaited-recovery bill. Their objection stems from a "values" clause which ties grants to having free and democratic institutions.
In this latest issue of my weekly podcast, we discuss the race for a vaccine. Both Pfizer and Moderna announced that preliminary data show that their vaccines are over 90% effective. Yet despite the good news, there are still some major hurdles for these vaccines. 1. They have to be stored at sub-zero temperatures. 2. There is deep public distrust in their safety. 3. There hasn't been time to study their long-term effects (ADE, cross-reactivity, immunity duration, etc.).
Is political polling dead? Pre-election day polls showed Democrats rolling easily into the White House, regaining the Senate, and expanding their majority in the House. While pollsters had the popular vote for the presidency within the margin of error, they failed to predict Senate and House outcomes. They seem to have missed the "shy" Republican voter, who split their ticket.
Republican women expand their numbers. At least 15 new Republican women were elected to Congress this year, a new record for the party. With all the Republican female incumbents holding their seats so far, GOP women are set to more than double their ranks in the House.
Between 2019 and 2020, the number of retired Boomers increased by 3.2 million. Until now, the annual average for this figure has been 2 million. Probable culprit: the pandemic, which is persuading many lower-earning Boomers to call it quits.
15 Asian countries sign a new trade deal. Last Sunday, 15 nations signed the RECP, which streamlines country of origin laws. It is the first trade agreement between China, South Korea, and Japan. Noticeably, India is not in the deal. Prime Minister Modi claimed India would be flooded with "cheap" Chinese goods if they took part.
Hungary and Poland stall EU budget and recovery bill. On Monday, diplomats from Hungary and Poland announced they would veto the long awaited-recovery bill. Their objection stems from a "values" clause which ties grants to having free and democratic institutions.
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ABOUT NEIL HOWE
Neil Howe is a renowned authority on generations and social change in America. An acclaimed bestselling author and speaker, he is the nation's leading thinker on today's generations—who they are, what motivates them, and how they will shape America's future.
A historian, economist, and demographer, Howe is also a recognized authority on global aging, long-term fiscal policy, and migration. He is a senior associate to the Center for Strategic and International Studies (CSIS) in Washington, D.C., where he helps direct the CSIS Global Aging Initiative.
Howe has written over a dozen books on generations, demographic change, and fiscal policy, many of them with William Strauss. Howe and Strauss' first book, Generations is a history of America told as a sequence of generational biographies. Vice President Al Gore called it "the most stimulating book on American history that I have ever read" and sent a copy to every member of Congress. Newt Gingrich called it "an intellectual tour de force." Of their book, The Fourth Turning, The Boston Globe wrote, "If Howe and Strauss are right, they will take their place among the great American prophets."
Howe and Strauss originally coined the term "Millennial Generation" in 1991, and wrote the pioneering book on this generation, Millennials Rising. His work has been featured frequently in the media, including USA Today, CNN, the New York Times, and CBS' 60 Minutes.
Previously, with Peter G. Peterson, Howe co-authored On Borrowed Time, a pioneering call for budgetary reform and The Graying of the Great Powers with Richard Jackson.
Howe received his B.A. at U.C. Berkeley and later earned graduate degrees in economics and history from Yale University.
