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Michael on CNBC to Discuss the Consumer



The Consumer is alive and well! Thanks to CNBC for having me on Street Signs.


The discussion covered: 


Asia's Population Growth:


  • 4 billion people in the time zone

  • 1 billion entering middle class by 2027

  • Driven by Gen Z and Millennials (60% of population)



Gen Z Education:

  • 80% completing secondary education

  • First generation growing up with the internet



Wealth Transfer:

  • $50 trillion to Gen Z and Millennials by 2040

  • Significant impact on Asia and emerging markets



Market Implications:

  • Growth of western brands in Asia

  • Vietnam's anti-corruption efforts attracting investment

  • Younger workforce (median age 33, 50% under 35)

  • Production shift from China to Vietnam

  • Increasing investment in high-speed internet

  • Growth in Luxury and Food & Beverage Sectors



Stock Market Insights:

  • Opportunities in discretionary within the Consumer Sector


This is not investment advice. Please see our disclosures for more information



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