A Little Bit of History

I heard something that really makes sense in terms of where the markets and politics are headed.

First I heard that the only group that has added to their stock market holdings over the past 15 years are people over 75 years old.  Does that mean the people under 75 are dumb or smart or do they just have different values. My view is that the next generation of politicians are going to be a lot different from what we see today.  The swamp will be drained of the slop we see today in both parties.

A little history may help.

https://www.washingtonpost.com/news/posteverything/wp/2017/11/30/im-a-depression-historian-the-gop-tax-bill-is-straight-out-of-1929/?utm_term=.1bb0ee46f5ae&wpisrc=nl_az_most&wpmk=1