Few people care about demographic trends. Yet, they are key economic drivers working behind the scene, slowly and quietly, but nevertheless often quite powerfully. Doug Short just did a post that requires every investor’s attention since it deals with The Decline of Peak Spenders. Look at the chart, then go to Doug’s blog to listen to demographer Harry Dent’s Bloomberg interview.
Curious to know what goods and services will be impacted? This PDF file from Dent’s website illustrates the life-cycle buying habits of households by the age of the head of household for about 240 different product categories. Very basic but so crucial.