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But will they be prey ... or predator?
There's room to argue both sides...
-- John
Brian wrote:
> "the Y generation is sharper and less naive than my generation, and
> won't tolerate nonsense or unprofitable pursuits"
>
>
>
> It seems the Y generation has been raised in an atmosphere of raging
> bull markets, over inflated stock options and flashy advertising.
> They will be more consumption oriented because they've grown up in the
> face of unparralled mass marketing efforts (television, etc) than any
> generation before. Collectively Y generation types will be as strong
> if not stronger consumers than prior generations. They'll be more
> risk-tolerant, more fashion concious (gravitating to what's
> fashionable) and willing to pay up for the coolest gadgets. They'll
> be willing to bid prices up to get what they feel they're entitled
> to. That's been the trend at least and what's to stop it as parents
> teach their childern, who in turn teach their childern and so on.
> Couple that with more and more marketing (tv, internet, radio, and who
> knows what in the future) and what's going to reverse the trend?
>
>
>
>
>
> -----Original Message-----
> *From:* John Nelson [mailto:trader@xxxxxxxxxxxxxxx]
> *Sent:* Sunday, December 30, 2001 7:57 PM
> *To:* realtraders@xxxxxxxxxxxxxxx
> *Subject:* Re: [RT] Re: S&P Long Term - bull/bear?
>
>
> Each successive generation (and by the way, "generations" do not
> arrive at
> discrete times but are constantly emerging) will IMHO be more and more
> consumption oriented. The "me" generation that grew up in the 80's is
> now entering the workforce and will be spending their own disposable
> income to feed their need to wallow in tangible goods and superficial
> entertainments.
>
> The Y generation (again IMHO) has experienced little in the way of
> economic, social or political difficulties and although they face
> their
> futures with optimism, I suspect they are spiritually and
> intellectually
> unprepared for serious economic or financial pain.
>
> A friend of mine disagrees, pointing out that in his experience, the Y
> generation is sharper and less naive than my generation, and won't
> tolerate nonsense or unprofitable pursuits, making them very shrewd
> consumers and workers.
>
> Well, we shall see but its obvious that I have my doubts.
>
> -- John
>
>
> On Thu, 27 Dec 2001, bondo92677 wrote:
>
> > I used to always think the boomers ruled. It worked in
> assessing the
> > demand led wage spiral 70s, homebuying 80s and investment boom 90s.
> > But lately I've realized that Generation Y (those born between
> 77-95)
> > far outstrip the boomers in sheer number and will make up a third of
> > the US population by 2020. These teenagers will be soon be entering
> > the workforce and will be huge consumers. Could be the mid 60s all
> > over again.
>
> --
>
> __________________________________________________________
>
> John T. Nelson | John's Trading Journal
> trader@xxxxxxxxxxxxxxx | http://www.computation.org/
> __________________________________________________________
>
> Hosted by Lexonia Internet Services
> http://www.lexonia.net/
>
>
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