The masses long ago switched from stocks to investments having higher yields and more protection from inflation. Now the pension funds - the market's last hope - have won permission to quit stocks and bonds for real estate, futures, gold, and even diamonds. The death of equities looks like an almost permanent condition.5
The shift in investment strategies among the public is notable, as many have moved away from traditional stocks in favor of assets that promise higher returns and better safeguards against inflation. This trend highlights a growing preference for alternative investments, such as real estate and commodities, which are perceived as more secure in the current economic climate.
Pension funds, once reluctant to deviate from conventional investments, have now been authorized to explore options beyond stocks and bonds. This includes allocations to tangible assets like real estate, gold, and even diamonds. The overall sentiment suggests a bleak outlook for equities, as the market appears to be transitioning into a new era where traditional stock investments may not recover their former prominence.
