Hello and welcome to Global Macro Update for Friday, September 2, 2022. Before we begin this week, a few housekeeping notes.
First, we’ve expanded what you receive with Global Macro Update to include more context and data around the weekly interviews.
Second, each interview will now arrive with a “Read Transcript” option as well. That way, you can click below to watch the weekly interviews or, if you’re short on time, review the transcript instead.
In fact, a number of readers asked for a transcript of last week’s Louis Gave interview, which you can access now by clicking here.
Read on for more…
Accelerating Change and Radically Increased Lifespan…
As you’ll see in this week’s Global Macro Update interview with Dr. Michael Roizen of the Cleveland Clinic, our understanding of the human lifespan is about to undergo more change in the next decade than it has in the last century.
The implications to markets, society, public policy, and to you… are profound.
Since 1900, for example, the percentage of the total American population aged 65 or older has increased from 4.1% to almost 20%. But what if, within the next decade, we’re forced to radically redefine what age means? Said another way, 65 may not be the beginning of one’s twilight years, but may simply become the start of “middle age.”
This may sound preposterous, but as Dr. Roizen discusses below, it’s already coming true. Consider the following chart, courtesy of the US Census Bureau:
Regardless of current birth rates or lingering pandemic effects, the long curve of population bends toward more citizens living longer. Longer, in fact, in scale and number than we’ve ever before encountered in human history.
What does this mean for your healthcare, your lifestyle decisions today, and your retirement planning? Dr. Michael Roizen and I discuss this in detail below, but first…
A Quick Look at the Markets This Past Week…
Gold was down 2.7% to $1,703.
The average 30-year mortgage rate rose 8.2% to 5.55%.
Yields on 10-year Treasuries increased 5.5% to 3.28%.
The S&P 500 declined 6.6% to 3,920.
Bitcoin was up .75% to $19,763.
Oil declined over 10% to $87.20/barrel for WTI. And now…
This Week’s Global Macro Update Interview…
This week, I spoke with Dr. Michael Roizen, Chief Wellness Officer at the Cleveland Clinic, and author of The Great Age Reboot: Cracking the Longevity Code for a Younger Tomorrow.
Click here or on the screenshot below to watch now…
In this edition, you’ll hear Dr. Roizen and me discuss:
Why people living to 100, 120, or even 130 years old will become increasingly common—and how life past 100 may not look like what you expect…
How induced tissue regeneration could potentially eliminate obesity…
Two breakthrough anti-aging technologies that have moved from clinical trials into human testing…
What actions you should take now to prepare for the coming breakthroughs in life extension technology…
Why 90 will become the new 40 within the next 10 years… and more.
Publisher, Mauldin Economics