Awesome presentation by @profplum99 on the true impact of the passive bubble and the coming wave of equity selling by retiring baby boomers
$SPY $BLKhttps://youtu.be/x-rJciYZmi0
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Replying to @HideNotSlide @profplum99
so they are going to sell stocks to buy 0% bonds?
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Replying to @BarrySchwartzBW @profplum99
They’re going to sell stocks to pay bills. Boomers are just startung to hit retirement and will sell thru 401K RMDs
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Replying to @HideNotSlide @profplum99
they should sell their bonds to pay bills!
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Replying to @BarrySchwartzBW @profplum99
unfortunately, boomers are currently extremely overweight equities (below chart from Vanguard shows this) If only they had bonds to sell...pic.twitter.com/ySAsn6H1pB
8:24 AM - 13 Jul 2020
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