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Friday, May 22, 2009
Here's a tangential thought to my post on baby-boomer retirement, below:
We occassionally report on examples of counter-cyclical assets: where market demand for something increases as the market itself is going down the tubes. But what will be the possible market impact of a the baby boomer generation retiring? Here are some "pro-geriatric" assets that come to mind:
- Health care
- Golf memberships
- Bridge club memberships
- Timeshares in Florida, the Caribbean, etc
- Wrap-around sunglasses
- Prunes
Now I'm not one for business advice, but I think Oakley or Fendi could really tap into the designer wrap-around sunglasses market - there's a lot of growth potential there.