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A comment on Nasdaq plummets 4% into correction territory. Parent comment

Re:Nasdaq plummets 4% into correction territory by dataviz1000 on Thursday November 05, 2026 @02:33PM (#50383356)
It seems what happens, because of regime change, is investors will take profit moving to cash, and in the common weeks reposition. For example, Elon is going to have to pay for Doge so he is a political loser. Moving out of SpaceX is pragmatic and expect those who do drive up demand for something else in the coming weeks.

At the end of the day, everyone's retirement is tied to the SP500 and it will always go up.

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Re:Nasdaq plummets 4% into correction territory by AnimalMuppet on Thursday November 05, 2026 @03:42PM (#50384223)
> At the end of the day, everyone's retirement is tied to the SP500 and it will always go up.

Not when more retired boomers are pulling more money out than GenZ/Alphas are putting in.

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Re:Nasdaq plummets 4% into correction territory by selectodude on Thursday November 05, 2026 @04:44PM (#50384877)
That’s literally impossible. The market requires a buyer and a seller. If the retired boomers pull their money out, it’ll move the markets to a place that is attractive and affordable for the Gen Alpha.
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Re:Nasdaq plummets 4% into correction territory by dataviz1000 on Thursday November 05, 2026 @04:45PM (#50384887)
> retired boomers

That isn't where the money propping up the SP500 is coming from. It is a ponzi scheme, yes. It is held up by $40,000,000,000,000 in national debt. That can is getting kicked down the line to one or two generations that haven't been born yet.

You and I don't need to worry about it because we will be long gone by then.

All we know know is that Elon isn't getting any more freshly minted currency.

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Re:Nasdaq plummets 4% into correction territory by stubish on Thursday November 05, 2026 @04:54PM (#50385005)
Indexes are essentially 'the rich getting richer'. Great news for wealth disparity if true. But I suspect boomer inheritances will become intergenerational wealth given average number of children and rising age people inherit at.
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Re:Nasdaq plummets 4% into correction territory by david-gpu on Thursday November 05, 2026 @05:03PM (#50385122)
You are not taking into account foreign investors. Plenty of countries have a healthy population pyramid and are quickly industrializing.
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