AgeLab Director Joseph Coughlin writes in Forbes about the increasing number of 'households of one' around the globe:
It’s the biggest shopping day on the planet. Alibaba alone chalked up $38 billion in sales for 2019. No, it’s not a religious, patriotic holiday, or even the one time biggest online shopping day of the year, Black Friday – it’s Singles’ Day in China and much of the world. But what’s good for Alibaba may not be good for your retirement or for many industries.
Read Dr. Coughlin's thoughts in full here.