Business Rundown: Okay, Boomer! The $85 Trillion Economic Engine
The Fox News Rundown
FOX News Podcasts
3.4 • 1.7K Ratings
🗓️ 16 February 2026
⏱️ 19 minutes
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| 0:00.0 | Ready to launch your business? Get started with the commerce platform made for entrepreneurs. Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand, marketing tools that get your products out there. Integrated shipping solutions that actually save you time from startups to scaleups, online, in person, and on the go. |
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| 0:27.3 | Sign up for your $1 a month trial at Shopify.com slash setup. |
| 0:31.7 | I'm Jerry Willis, and this is the Fox Business Rundown. |
| 0:40.5 | Monday, February 16th, 2026. |
| 0:44.3 | America's baby boomers are sitting on big bucks, |
| 0:49.1 | but what does a gray-shaped economy mean for the rest of us and the economy? |
| 0:54.8 | We see, you know, a lot of planning so that they have money to leave behind. |
| 0:58.6 | And that's the good news, I think, for the economy, |
| 1:02.7 | because then that wealth will again be spent over a very long period of time. |
| 1:07.9 | A recent survey from the Pew Research Center reveals the baby boomers have amassed more wealth than any previous generation of Americans. |
| 1:12.4 | Collectively, boomers have accumulated about $85 trillion. The generation's median household net worth surpassed $432,000 in |
| 1:21.5 | 2022, a figure significantly higher than the silent generation in 2001 and the greatest generation in 1983, |
| 1:30.3 | even after adjusting for inflation. The country's changing demographics are reshaping jobs |
| 1:36.0 | and spending in profound ways. With 70% of the national wealth now held by those over the age of 55, |
| 1:42.6 | that's according to Federal Reserve data, what does |
| 1:45.3 | this mean for the future of the economy? How will businesses and the government respond to an |
| 1:50.3 | older generation with deep pockets looking to either spend it or pass it down to the next |
| 1:55.2 | generation? The baby boomers have had the benefit of, you know, a thriving stock market when |
| 1:59.8 | they were young and employed, housing prices that went up. And so their of, you know, a thriving stock market when they were young and employed, |
| 2:01.7 | housing prices that went up. And so their share, I think they are the richest generation ever. |
| 2:07.7 | Nancy Tingler is the CEO and chief investment officer of Laffer-Tangler investments. |
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