ASX:XRF

May 26, 2026, 11:42 PM EDT. Baby boomers hold the majority of US stocks and bear significant risk in a market downturn. Recent data revealed a stark contrast: while the S&P 500 surged 130% over six years, consumer sentiment plunged to its lowest since 1952, underscoring the widening wealth divide. Political outcomes also reflect this generational split, with older voters backing candidates aligned with Boomers' interests, such as support for foreign aid to Israel, while younger voters oppose these stances. The divide is linked to economic policies and debt burdens disproportionately affecting younger generations. The discussion highlights concerns over a potentially fraudulent economy burdened by $39 trillion in government debt, raising questions about who will ultimately bear these costs.