Tag Archives | baby-boom generation

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Global economy goes Back to the Future

Between 1854 and 1982, the US economy was in recession for 35% of the time, according to Deutsche Bank research. But between November 1982 and December 2007, as the chart shows, it was only in recession for 5% of the time, just 16 months in 25 years. Something very unusual clearly happened during this period. […]

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New White Paper now available

We face more uncertainty today than I have ever seen over the past 30 years. Will last year’s strong performance in terms of profit continue? Or will higher oil prices ruin the party? Might China’s demand slow, as the government there worries about rising inflation? How will European demand be impacted as governments switch from […]

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Baby-Boomers cut spending, start saving

Consumer spending is 70% of US GDP. And because US GDP is so large, this means the US consumer is 17% of global GDP. This is the same as the combined GDP of China and Japan, who rank 2 and 3 after the USA. So a change in US consumer spending matters. And it particularly […]

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Volatility rules

The end of a major trend is usually marked by a significant increase in volatility. This seems to be what is happening to the equity bull market that began back in 1982. It has weathered a number of storms over the years, as traders kept faith with the underlying trend. But this week’s Barrons, the […]

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