Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I wonder how much of the steadiness/calming is regular institutional buying related to retirement accounts. There has to be a huge chunk of cash heading into the markets every day as folks automatically contribute to their 401Ks. I just don't know how huge that is.
Index funds have to keep buying, Michael Burry talks about this.
Only as long as young people are saving more than old people are selling.
Haven’t you noticed all the articles revising people’s bond to stock ratio — it used to be you should stocks % = 100 - age , but hand waving living longer and low interest rates, people should stay in stocks 20 or more years longer (120 - age) etc.
That will goose things quite a bit, and of course if they die with the stocks in tact the children in inherit will keep it in stocks as well.