2X Excess Mortality for Americans Aged 35 to 44—Edward Dowd on New Society of Actuaries Data |TEASER
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A former Wall Street analyst and BlackRock portfolio manager, Edward Dowd has been analyzing excess mortality data from the CDC and from insurance companies with his partner, Josh Stirling, an insurance analyst.
Earlier this year, the CEO of a major life insurance company said death rates among working-age Americans had gone up 40 percent from pre-pandemic levels. A recent report by the Society of Actuaries now reinforces this alarming data, Dowd says.
“In the 25 to 34 [age group], they saw 78% excess mortality in the third quarter of 2021. They also saw in the 35 to 44 age group, [they saw] 100% excess mortality,” Dowd says.
Dowd said he and Stirling looked at data from the CDC and arrived at similar numbers: “The age cohort, from 25 to 44, which we call the millennials experienced an 84 percent rise of excess mortality into the fall of 2021—August, September, October—and the rate of change was just dramatic. So they’re running around 40, 50 percent in the summer, and then this parabolic spike move up into the fall,” says Edward Dowd.
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Excess Mortality Doubled for Americans Aged 35 to 44—Edward Dowd on New Society of Actuaries Data
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