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On 3/5/25 20:50, Alan wrote:
> On 2025-03-05 17:26, AlleyCat wrote:
>>
>> On Wed, 5 Mar 2025 20:17:55 -0500,  -hh says...
>>
>>> Subject: Re: Oooooo... The DOW Has NEVER Dropped Before When Worrying 
>>> About The Future!
>>> From: -hh <recscuba_google@huntzinger.com>
>>> Newsgroups: alt.fan.rush-limbaugh, can.politics, alt.politics.trump, 
>>> alt.politics.liberalism, alt.politics.democrats, 
>>> alt.politics.usa.republican
>>>
>>> User-Agent: Mozilla Thunderbird
>>> Organization: A noiseless patient Spider
>>> Date: Wed, 5 Mar 2025 20:17:55 -0500
>>>
>>> On 3/5/25 19:37, AlleyCat wrote:
>>>>
>>>> On Wed, 05 Mar 2025 17:21:52 +0000,  Lee says...
>>>>
>>>>> Dow Drops 1300 Points in Two Days
>>>>
>>>> Wow... they ain't never happened a'fore!
>>>
>>>
>>> Yes, the Market has volatility; "Film at 11."  And historically, it has
>>> had periods where the return to baseline value has taken over 15 years.
>>
>> Thank you... my point, exactly. 
>
> Which is why you snipped everything else he said


Yeah, how about that?

The answer to the question posed (but snipped) is that there has been a 
material change in the world where this rate of volatility has resulted 
in an increased effect on the general working American.

It is because 401(k)'s have replaced employer pensions, which has 
resulted in a huge increase of individual Sequence of Returns risks.

Thus, the reason why I noted above (but which they forgot to snip) that 
there's historically been periods where the Market took over 15 years to 
claw its way back up to its prior baseline.

For someone who retires at age 65 that has a Market crash the next day, 
that means that there is a nonzero risk that their 401(k) portfolio can 
be "underwater" ... even without subtracting off any withdrawals for 
retirement income ... until they turn 80 years old.

Perhaps now we're starting to see what's really underlying a lot of fear 
driven anger amongst those who are retired (or close) who realize that 
their retirement income security is much more tenuous than they'd 
previously realized...

...but don't worry:  there's nothing that this Administration is doing 
which will destabilize the Markets, Social Security, or Medicare.  After 
all, NoBody ...and now AlleyCat too ... have promised us that high 
volatility days like the one back on 3 Feb 25 happen all the time - even 
though 2/3 hadn't been replicated until last Friday - and then its been 
every market day since, with whiplash from kooky fiscal policies which 
get announced and then rescinded/altered all within a ~48 hours period: 
gosh, what a "steady hand on the wheel"!  /s



-hh