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Boomers Affect on Market
The Baby Boomer generation was the driving force behind the stock market booms in the 50s and they continue to be the driving force today. Pandering to the needs of the Boomer generation is the surest way to turn a profit. Boomers hold the majority of the wealth in the nation and have held that wealth since they started their careers. As they have amassed their savings over that time they are looking to spend it in leisure during retirement. As such, the next booms are expected to be in areas that can offer these services to the newly retired populace. For more information on this subject, visit this article by StreetAuthority with Nasdaq.com.