SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (55269)1/8/2001 11:40:26 AM
From: chic_hearne  Read Replies (2) of 436258
 
you know there is a whole generation of investors 50 and over and retired people who are realizing that they have 50% too much exposure to the stock market.

They could well be sellers for many moons to come.

Even if they don't sell, they will be slowing consumption when they realize their cash burn rate it too high for how much money they have left. This in turn will accelerate the coming recession and reduce earnings causing others to sell.

I think this is what's happening right now with many of the over 50 crowd, as evidenced by the sudden drastic slowing of the economy.

Eventually, many will sell, but they won't be the first ones out the door.

Either way you look at it, the over 50 crowd will be a big contributor to the recession. Either they will slow spending to a point to put us in a recession or they will sell out of the market which will cause others to slow spending after they've lost a ton in the market. Probably a good dose of both is what's happening now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News