The marketplace is changing
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Hmm. I am not sure about
#4 - Stocks
#13 - Cereal. (Too much work? Really?? LOL. Open box, pour in bowl, add milk! I dont eat cereal, but more because I did not growup with it rather than too much work)On a (somewhat) related note, there was an article I read about how the weight loss drugs are changing shopping and fast food companies. (The below is not the exact article I read but it is similar)
https://news.cornell.edu/stories/2025/12/ozempic-changing-foods-americans-buy
Within six months of starting a GLP-1 medication, households reduce grocery spending by an average of 5.3%. Among higher-income households, the drop is even steeper, at more than 8%. Spending at fast-food restaurants, coffee shops and other limited-service eateries falls by about 8%.
and
The effects extended beyond the supermarket. Spending at limited-service restaurants such as fast-food chains and coffee shops fell sharply as well.
It will be interesting to see how those industry's change and adapt.
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I've dropped most of that stuff, too.
In #4 it says they're increasingly investing in real-estate. In #9 it says they're not buying homes.
Call me an old fuddy-duddy if you will, but I think it's just possible AI might have been involved in writing that article.
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@Mik said in The marketplace is changing:
@Mik said in The marketplace is changing:
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Diamonds… I call BS. Except for marriage rings, 20s and 30 something’s aren’t generally diamond buyers, anyway. It’s always been the 40+ crowd that start having more disposable income. Karla and I are looking at an anniversary band for our 25th, and frankly, we don’t really care as much about whether it’s lab grown or not. That’s a prevalent attitude among most of my peers, though the top percentage, does place some emphasis on real… But it’s the GenX and Boomers driving the slowdown, not millennials.
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Paper Napkins… Millenials eat out like 3 times as much as prior generations. Of course they’re buying fewer paper napkins. It’s mostly driven by them actually being less environmentally conscious and fiscal savings because eating out or door dash is costing them a lot more on both.
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Cable TV - I’m not a millennial, and I cut cable years ago. As have most of my friends. It’s disappearing because new technologies and greater consumer choice are available. Not because some particular age group is different.
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Stocks - Bullshit, again. They are much heavier in the markets than their parents and grandparents were at the same age. That’s the criteria. And the whole thing about being more focused on ESG investing is bull, too. The biggest increase was because the various fund managers made ESG investing a thing, so most companies made it a point of creating high profile CSRs. This is the tail wagging the dog, not some foundational movement.
The rest of the article is pretty similar. Some millennial deciding to create content for other millennials to smugly pat themselves on the back. Hell, it was probably AI written.
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I cut cable in 1994.
I did buy a real diamond for Mayla. I joke that it’s the smallest car I ever purchased.
Agreed re stocks - 20-somethings have app-based trading accounts at a higher rate than my peers had (say) Schwab accounts. Though many probably buy more crypto than stocks.
Re paper napkins young people probably have a stash from take out orders. I bet they rarely buy condiments either.
The whole reason we call them illegal aliens is because they’re subject to our laws.
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I cut cable in 1994.
I did buy a real diamond for Mayla. I joke that it’s the smallest car I ever purchased.
Agreed re stocks - 20-somethings have app-based trading accounts at a higher rate than my peers had (say) Schwab accounts. Though many probably buy more crypto than stocks.
Re paper napkins young people probably have a stash from take out orders. I bet they rarely buy condiments either.
@jon-nyc said in The marketplace is changing:
I cut cable in 1994.
I did buy a real diamond for Mayla. I joke that it’s the smallest car I ever purchased.
Agreed re stocks - 20-somethings have app-based trading accounts at a higher rate than my peers had (say) Schwab accounts. Though many probably buy more crypto than stocks.
Re paper napkins young people probably have a stash from take out orders. I bet they rarely buy condiments either.
Seriously. It was my millennial employee that turned me into Rocket Lab.
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Fewer golfers, at least that is a plus! @copper
I might be the last house that still has normal cable (and DVR).
@89th said in The marketplace is changing:
Fewer golfers, at least that is a plus!
Scotland, the home of misery.
And golf.
But I repeat myself.
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I cut cable in 1994.
I did buy a real diamond for Mayla. I joke that it’s the smallest car I ever purchased.
Agreed re stocks - 20-somethings have app-based trading accounts at a higher rate than my peers had (say) Schwab accounts. Though many probably buy more crypto than stocks.
Re paper napkins young people probably have a stash from take out orders. I bet they rarely buy condiments either.
said in The marketplace is changing:
I cut cable in 1994.
I did buy a real diamond for Mayla. I joke that it’s the smallest car I ever purchased.
Agreed re stocks - 20-somethings have app-based trading accounts at a higher rate than my peers had (say) Schwab accounts. Though many probably buy more crypto than stocks.
Re paper napkins young people probably have a stash from take out orders. I bet they rarely buy condiments either.
Creepy. I got Facebook ads for selling diamonds after posting this.
