They're relying on themselves, not the economy, and their distrust of how things are going financially hasn't gone away—although perhaps they're more confident in themselves and their ability to navigate a possibly treacherous future.
So finds The Millennial Economy 2018 from Ernst & Young LLP, which revisits attitudes from millennials in 2016 over a range of personal, local and national issues. And while millennials themselves have changed along with the times, that doesn't mean they've become cockeyed optimists—in fact, far from it.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
