While I understand a lot of retirees and people close to retirement are going to be hammered in the end this market/asset correction was much needed. In my view the past decade has seen excessive risk taking, over leveraging and irrational exuberance. Bitcoin, AI, real estate prices and the buy the dip mentality are all symptoms of this irrational behavior. The markets in general have needed a big drop to clear out a lot of this foolish behavior. No single entity is to blame in my opinion Trump may have started the fire with tariffs and his unprofessional dialogue but the blame should also be on central banks, investors, and governments.
The younger generations have been priced out of assets in general from housing to equities with ridiculous PE ratios the coming reset will be an opportunity for those that saved conservatively to benefit. The older generations have benefited from the value growth the past 30 decades and should be insulated if they have been prudent.
Personally I am tired of the mantra DCA and believe people should be more educated and active in their asset allocations. Investing was never an everyday persons activity and it shouldn’t be.