The total value of the stock market is driven, at the end of the day, by supply and demand. People choose to either move cash into the stock market, or take it out. This can be affected by stock being intrinsically "cheap" or "expensive", but no matter how cheap a share is you can't eat it.
As boomers retire, this generation which had been taking their income and putting it into the stock market will stop doing so, and will start selling. The younger generation (gen X) , burdened by debt and heavily exposed to real estate (houses keep getting more expensive), will invest less; they have more choice in this than did their parents, as they don't have defined benefit pensions which forced savings.
Will this cause an overall depressing effect on the markets in, say, 15 years?
Submitted January 07, 2017 at 04:17PM by kismet31 http://ift.tt/2i2Qqte
