What's NEXT?

Premise: Future real stock market returns will stagnant compared to historic returns
No retirements - retirement age will increase and most will be unable to retire
Consumption reduces as savings increases

The next big innovation will be 1. Sustain life on earth despite diminishing resources; 2. Travel to distant habitable planets; 3. Nanotechnology touches every aspect of life

Financial Services: Retirement management will be a core competence.
Healthcare: Research in areas like genetic research to increase longevity. Data driven self administered healthcare.
Health Insurance: Healthcare reform to reduce costs.
Food: Produce and market healthy dietary habits to sustain longer happier lifestyle.
Luxury industry: Super premium will thrive. Mass luxury will not survive.
Auto: Smaller lighter autos operated on renewable energy sources
Technology: Always connected at near light speed. Activities increasingly automated.
Real Estate: Smaller high density and Green housing.
Farming: Agriculture on sea. Local grown fruits and crops.
Waste Management: Deriving value from waste
Materials: Sustainable from plants or nanotechnology.
Leisure: Augmented reality driven. A real vacation will be rare and expensive.
Manufacturing: Regional rather than global manufacturing will increase as production costs increasingly converge