Narrative drives so much of the thinking today, especially when it comes to the markets.

To prevent becoming unduly influenced by it, it's important to ground ourselves in data.
We should ask first: what is the data saying?

And then we can judge whether the current prevailing narratives are consistent with it.

So, what is the current data telling us?

To find out, we're fortunate to speak today with Chris Hamilton, publisher of Econimica. If you're not familiar with the name, I'm confident you've come across a number of the prodigious amount of charts it publishes across a wide range of macro topics like the economy, demographics & the housing market.

And the one he's most worried about? Demographics.

The USA's population is set to start shrinking for the first time ever by 2035. That's just a little more than 10 years away.

Follow Chris at https://econimica.blogspot.com/

Or on Twitter at @Econimica

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#population #demographics #immigration