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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures
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To: GROUND ZERO™ who wrote (10792)4/10/2006 4:19:54 PM
From: Patrick Slevin  Read Replies (1) of 12411
 
Sure, by and large.

In general terms I think the Prime drivers of the economy is the group aged 45 to 54.

Look at the DJIA up until the early 1980s. No one ever thought the Dow would get through 1,000; about that time the BB Generation started coming into their own and spending money.

It's a massive slice of the population.

Now that "we" are moving past the 45-54 age range that spending "should" dry up.

Everything else being equal, this could be extremely bad for the economy in a few years.
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