Split Between Old Generation and the New One.
According to J.P Morgan Chase’s Nikolaos Panigirtzoglou, there’s a clear split in strategy between the millennials and older generations of investors. This is most evident in the recent times with uncertainties in the market and a flock to safe haven assets. Investors, no matter the age group stick to what they know and understand. This is why, as Panigirtzoglou puts it,