Part 10/13:
- Inflation and Asset Prices: Resilient asset prices are driven historically by high spending, but declining volatility and the potential for sharp downturns pose risks.
Generational Spending and Investment Patterns
While boomers dominate consumption through experience and healthcare, younger cohorts invest heavily in digital goods, sustainability, and online shopping. Their spending tends to be more in everyday necessities, with a focus on groceries and day-to-day expenses, especially as they begin to inherit wealth.