I think something else that supports the market is the fact that so many 401Ks and Roths, etc. are on auto pilot. Just like so many people don’t really care about politics, many just put their savings in Mutual Funds. “Diversity “ just means several Mutual Funds. That money keeps going in, week after week, and has to be put where the fund it aimed.
I would love to see information from anyone here that knows what percent of plans are invested in individual stocks and ACTIVELY traded. Anyone know??
Absolutely right!