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The boomers are retiring soon if not now. Many of them were in higher risk investments than they should be and if they all sold their high risk and went to low
by sleepysysadmin 7y ago
The boomers are retiring soon if not now. Many of them were in higher risk investments than they should be and if they all sold their high risk and went to low risk at once. The market crashes; that's what happened. Tons of people want to sell.
So the governments of the world have been the ones buying. https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm https://www.federalreserve.gov/monetarypolicy/bst_recenttren...
The fed put 4 trillion on the books during the financial crisis and 10 years later they started normalization and barely made a dent. This number should be 0. Now in a few months they've spent 2 trillion buying what nobody on the market is buying.
How do you make sense of the market when the government is basically preventing the crash. It's not possible to make sense right now.
We aren't seeing real market numbers. We aren't seeing real tbill rates. We arent seeing real economic numbers like unemployment because the governments have been hiding % under participation rate.