twenty years is mighty long time to be 'invested' in the LONG TERM ,,,keeping feeding the market..lots of people feeding the market via gov't pay check contributions and employee deductions via company pension plans....pensions plans are the ones feeding the market. and don't tend to sell..they are selling or 'divesting' from oil stocks cause oil is immmoral stock now. immoral to own oil stocks. it's like tobacco.
tech stocks are pop. now like social media..or advetising and technology. stuff. there are not that many companies to invest that is why the market is going up. tonnes of cash in bonds and nothing to invest.
and if your are 65 and no kids,,no point in owning or 'invest' for the future. enjoy now and today for tommorrow you may not live.
gov't bonds and T-bills used to pay 7% in 1 year bonds. in the booming 1980's and economy in US was very good even when interest rates was 7%
one thing is the working class is screwed, and middle class in decline as even the US is no 'privatize' and wages are like 50% less .and no job security with private prisons, private military or contractors.
and grocery stores like walmart. walmart employees are no better off than slaves as their salary can barely pay for food and rent. as most work part time.
and these gig economies ,,,many of them survive as they are also on welfare and working for uber or these 'contractor' jobs which pay less than min wage.
investors or uber and walmart are doing good,,not the employees same with amazon..many of the employee delivering the stuff min. wage slave salary and no job security no benefits and
it's crap economy. or gap in economy..the bottom 30% who do all the work are no better off than slaves. while rich are the top 1% are parasites in the economy.