The silver surge in stocks
America’s stock market boom is being fueled by a surprising group — older investors. Those aged 70 and above now hold nearly 40% of all U.S. stocks and mutual funds, a dramatic increase from past decades. Many retirees are embracing equities, moving away from bonds in search of higher returns and drawn by the confidence of long bull markets.
But while a stock-heavy portfolio may make sense for some individuals, the broader market could face challenges if these investors begin to sell during a downturn. The resilience — or reaction — of this “silver generation” could shape how the next market cycle unfolds.
Source: https://www.economist.com/finance-and-economics/2025/11/11/old-folk-are-seized-by-stockmarket-mania