What are the trending and dying professions?

What sectors will see a higher demand for employees and vice versa over the next ten years?

For example, many have been speculating that traders are a thing of the past due to a higher amount of automation and high-frequency trading.

What is going to be the "hot" area of the next decade and what area(s) will die out?

 

ditto. tech and energy will probably be the next drivers for growth. maybe add infrastructure/rail/transportation and utilities.

--- man made the money, money never made the man
 

if were gonna stay general, lets not forget biotech and healthcare.

my guess is that paying attention to where PE/VC funds are investing might give you a heads up too....they seem to be heavy in most of the areas mentioned above..

 

Infrastructure - rails, industrials, transports, consumer financing, utilties - all drivers of large scale growth.

Tech as well.

Fundamental knowledge of these areas will be very useful

Areas going out of favor - not really sure, I think industry-wise all areas are great. But the equity-side of things is much more computer driven than the rest of them

 

This is within the context of the US and to a lessor degree other western nations. Some of these trends are applicable globally. As far as timing, some of these trends are already several years in, while others have a while until they hit critical mass.

Dying: Traditional media Manufacturing

Hot areas: Broader healthcare (nursing, managed care, technicians, etc) Alternative energy Services (specialized consulting, data systems, security, hr outsourcing, etc) Education (for-profit education, online, charter schools, etc) Robotics Health-focused foods and consumer products Longevity hedging/swaps Privatizations (look for broke governments to start pawning off assets)

 
Best Response
Lloyd Christmas:
What sectors will see a higher demand for employees and vice versa over the next ten years?

For example, many have been speculating that traders are a thing of the past due to a higher amount of automation and high-frequency trading.

The way it's been working at many BBs is that techies run the systems but traders still call the shots and see most of the P&L. Obviously this is being forced to change, but having an odd combination of an aggressive personality and a detailed knowledge of algorithms and finance at the same time will probably be pretty invaluable over the next twenty years.

On its way out: US consumer finance, US retailers, the USD.

On the up-and-up: US infrastructure, energy, US manufacturing (cheap USD).

 

Wrong

Renewable energy is the biotech of 15 years ago. Don't listen to the guy that said google was a bubble.

 

enterprise hardware and software prolli. They are acquiring every start-up under the sun that deals with flash memory caching, SAAS, cloud, and SDN.

Should be a hot year for pharma the next two years as their patents are all expiring so they need to recharge their pipeline. They usually fund smaller companies and gives them milestone payments, and then when the drug looks like its gona be a blockbuster, ACQUIREE.

 

What about insurance derivatives? They are probably never going to be near the scale the OP is refering to (exotic credit etc.) but thay could become an interesting area. I know at least one of the big inter dealers (ICAP) has invested a sizeable amount of resources building an insurance derivatives broking platform.

 

Ill buy carbon credits and sell insurance derivs as to what turns out bigger.

"Oh - the ladies ever tell you that you look like a fucking optical illusion?"

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

Not sure about carbon credits getting big anytime soon. Didn't work in europe because the quotas were set ridiculously high...emissions quotas weren't fully used...spot tanked. Governments need to put a bit more thought behind these ideas because they haven't actually reduced emissions. But it's definetly one for the future.

 

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"The power of accurate observation is commonly called cynicism by those who have not got it." - George Bernard Shaw
 

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