Baby Boomer Age Wave Theory
- Baby Boomer Age Wave Theory
- An economic theory popularized by economist and writer Harry Dent, who concludes that the U.S. and other European markets will peak between 2008 and 2012. This is based on Dent's finding that a human's consumer spending habits peak by age 50; therefore, as the baby boomer generation reaches this age, the economy may be approaching a peak in consumer spending and in the markets.
Because American soldiers returned from WWII earlier than European soldiers, the theory concludes that markets in the U.S. will peak around 2008, while European markets will peak around 2012.
Assuming that the theory's predictions are accurate, some expect this to have wide-ranging implications. In addition, when baby boomers retire, this could cause spikes in unemployment and decreases in the housing market as aging baby boomers spend less. Others believe that the influx of immigration will help stave off these effects in the United States.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Age wave — In contemporary economics, Harry Dent a Harvard graduate and Fortune 100 consultant, has popularized the baby boomer age wave theory [Siegel, Jeremy J. (June 21, 2002). Stocks for the Long Run : The Definitive Guide to Financial Market Returns… … Wikipedia
Baby Boomer — is a term used to describe a person who was born during the Post World War II baby boom between 1946 and 1964. [ [http://www.statcan.gc.ca/Daily/English/061026/d061026b.htm Statistics Canada Canada s population by age and sex] ] [… … Wikipedia
Baby boomer — For the video game, see Baby Boomer (video game). Further information: Post World War II baby boom A baby boomer is a person who was born during the demographic Post World War II baby boom and who grew up during the period between 1946 and… … Wikipedia
Harry Dent — Harry S. Dent, Jr. (born 1950) is an American economist and writer. His best known book, The Roaring 2000s , appeared on the New York Times Bestseller List.BiographyDent was born in Berkeley, California, United States, North America. [Most Recent … Wikipedia
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
Generation Y — Millennial redirects here. For the concept Millennialism, see Millennialism. This article is about the demographic cohort (a group of subjects with a common defining characteristic) following Generation X. For other uses, see Generation Y… … Wikipedia
Childfree — (sometimes spelled child free) also known as voluntary childlessness [1] is a form of childlessness. The term was coined in the English language late in the 20th century[2] and is used to describe people who have made a personal decision not to… … Wikipedia
Al Gore — This article is about the former U.S. Vice President. For his father, who was also a U.S. Senator, see Albert Gore, Sr. Al Gore … Wikipedia
Bill Clinton — William Clinton redirects here. For other uses, see William Clinton (disambiguation). Bill Clinton … Wikipedia
New Hollywood — The New Hollywood Years active 1966–82 Country United States Major figures Woody Allen, Robert Altman, Hal Ashby, Carroll Ballard, Robert Benton, Peter Bogdanovich, John Boorman, Michael Cimino, Francis Ford Coppola … Wikipedia
