I am somewhat more optimistic about interest rates (although I still see some increase coming). The high savings rates of the wealthy will offset the harm from aging. See my blog post here for more on this effect.
As long as interest rates remain somewhat close to current levels, the stock market isn’t in much danger of a major crash. But there are a fair number of overpriced stocks, and your concerns are worth some attention.
I am somewhat more optimistic about interest rates (although I still see some increase coming). The high savings rates of the wealthy will offset the harm from aging. See my blog post here for more on this effect.
As long as interest rates remain somewhat close to current levels, the stock market isn’t in much danger of a major crash. But there are a fair number of overpriced stocks, and your concerns are worth some attention.