“Millennials Are Killing the Razor Industry.”
“Millennials Are Killing off These Restaurant Chains.”
“Millennials Are Killing the Baby Industry by Having Pets.”
These are some of the headlines that have been in the news lately. And as a millennial, I’ll freely admit that my generation has been ruining things for a lot of businesses.
But the fact is, millennials like me are taking over the economy and beginning to dominate every single industry.
So in this week’s edition of Market Insights, experts Brian Christopher and Michael Carr explain why you need to add exposure to the millennial boom — now.
And why you need to look in some unexpected places to do it…
You want to get in on this trend — and quickly. According to a recent study by Millennial Marketing, millennials — those born between the years 1977 and 2000 — are now 25% of the U.S. population.
And we already account for 21% of consumer discretionary purchases, which adds up to more than $200 billion each year.
These numbers are only going to get larger as millennials get older and have more disposable income. And smart investors like us will make a ton of money by investing in the companies that cater to millennials’ preferences and shopping habits.
If you want to make money even faster from the latest economic trends, make sure you check out Michael’s Peak Velocity Trader options service.
We’ll continue to keep you updated on the latest millennial spending trends that investors need to pay attention to. You won’t want to miss future editions of Market Insights, so subscribe to the Sovereign Investor Daily YouTube channel now by clicking the red subscribe button.
Assistant Managing Editor, Banyan Hill Publishing