From Yahoo Finance: 2025-03-22 08:00:00

Baby boomers hold significant wealth in the U.S. through stocks and homes, impacting President Trump’s policy decisions. Trump’s focus on tariffs over pro-growth aspects has shaken investor confidence, especially among older Americans. The recent stock-market correction may prompt Trump to reconsider tariffs. The S&P 500 and Nasdaq entered a correction due to Trump’s tariff fight and falling consumer confidence. Federal Reserve’s interest rate decision provided brief market confidence. Wealthy households drive half of U.S. spending, impacting the economy. Homeownership among older adults and control of stocks and equity funds highlight wealth distribution. The equity market’s influence on baby boomers’ wealth and potential recession risks are key concerns. Trump’s potential flexibility on tariffs eased market losses as equities face volatility. Investors have grown accustomed to stock market gains, but recent pullbacks have unnerved many. Clients are switching to asset-preservation mode and reevaluating big expenses amidst market uncertainty. The S&P 500 and Nasdaq saw notable declines, reflecting market instability.



Read more at Yahoo Finance: Why baby boomers may hold the cards to any Trump plan to rescue stocks from the selloff