BABY BOOMER AGE WAVE THEORY
It is an economic theory by writer and economist Harry Dent that says that the European and the US markets will reach their peaks on 2008 to 2012. This is the result of his findings on the consumer spending habit of humans that peaks at 50; therefore as baby boomers reach this age, it may follow that the economy is also approaching its peak in the markets and consumer spending.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
