An entire generation has grown up without truly understanding the risks of certain investments, especially the stock market due to a Fed policy where the focus has been on protecting equities at all cost. Only runaway inflation forced the Fed to change course and now reality is setting in for millions of people. History tells us the stock market will turn around at some point. Younger people should be patient. Retirees probably should not have been as exposed to the volatile stock market unless they could afford to weather a bear run.
|