Demographics

Harley-Davidson’s Downfall: Baby Boomer Demographics

Harley-Davidson (HOG) is a true American icon.  Its motorcycles are so distinctive that the company actually tried to trademark the “Harley sound,” that familiar rumble of the bikes’ exhaust, back in the mid-1990s. It’s also a well-managed company and one of those true rarities: a successful turnaround story. This is a company that was facing […]

Harley-Davidson’s Downfall: Baby Boomer Demographics

Harley-Davidson (HOG) is a true American icon.  Its motorcycles are so distinctive that the company actually tried to trademark the “Harley sound,” that familiar rumble of the bikes’ exhaust, back in the mid-1990s. It’s also a well-managed company and one of those true rarities: a successful turnaround story. This is a company that was facing […]

China’s Demographic Collapse

I love China stocks as an investment … for the next few years, anyway. As I wrote recently, Chinese stocks are almost ridiculously cheap at current prices. Plus, the reorganization of the Chinese economy away from investment and export and into “Western-style” domestic consumption should create incredible opportunities for Chinese stocks, as well as for […]

Ireland’s Demographics Point to Bright Future

The Irish are fleeing Ireland at the fastest rate since the Potato Famine. Think I’m exaggerating? I assure you I’m not.  Recent data had one person leaving the Emerald Isle every six minutes. Since the onset of the financial crisis, nearly 400,000 people have left Ireland.  That may not sound like much at first, but the […]

Is There Still Upside in Housing?

Jeff Reeves and I talk about the current state of the housing market, and demographic trends that could mean long-term growth for real estate even if the short-term outlook is rocky.

Is the Baby Bust Over?

Americans stopped having babies when the financial crisis hit in 2008. I exaggerate, of course; there were nearly 4 million babies born in 2012.  Yet this number was an 8% decline over the pre-crisis level, and this despite a rise in the number of women of peak childbearing age. When you look at the fertility […]

Comment–Mind the (Expectations) Gap: Demographic Trends and GDP

Sex. There, I got your attention. I find that when I start an article with the word “demographics,” eyes glaze over.  But when I start the same article with “sex,” the reader snaps to attention.  Funny how that works. Yet in the context of the economy and the financial markets, they are the same thing.  […]

Europe’s Baby Bust and the Consumer Depression

Is this past weekend’s Financial Times, Gillian Tett commented that falling fertility rates in Europe threaten government tax revenues. Well, yes, they do.  But not necessarily for the reasons Ms. Tett expects. European fertility rates have been below the replacement rate of 2.1 children born per woman for decades.  The UK and France have hovered near […]

Harley-Davidson’s Flat Tire: Demographics

Harley-Davidson, Inc. ($HOG) is an American icon.  It’s also a well-managed company and one of those true rarities: a successful turnaround story.  This is a company that was facing bankruptcy in the early 1980s yet managed to rebuild itself into the pride of American manufacturing…and the subject of countless case studies in MBA programs worldwide. [...]

VIDEO: Greece Downgraded to “Emerging Market”

Earlier this week, I wrote that Greece had been downgraded by MSCI from “developed economy” to “emerging market.”  In this video, I dig into the details and explain what this means for investors. The point to take away is that your emerging market ETF or mutual fund may not be invested in the countries you [...]