Stock-market valuations, by one measure, have hit levels surpassed only a few times in the past, including the Great Depression and the dot-com bubble.
This is by design. Retirements are more and more tied with risky markets because then the rich can hold everyone else hostage since it’s not just them feeling the pain of a market crash. The insanity has to stop at some point or we’re all going to be held hostage forever. Regardless, the amount that most individuals actually have is little and often isn’t enough to actually retire on anyway.
This is by design. Retirements are more and more tied with risky markets because then the rich can hold everyone else hostage since it’s not just them feeling the pain of a market crash. The insanity has to stop at some point or we’re all going to be held hostage forever. Regardless, the amount that most individuals actually have is little and often isn’t enough to actually retire on anyway.