[quote=Jazzman]I would imagine many boomers are also cash hording at the moment.[/quote]
Some might be but with many not having enough saved for retirement, they are probably more likely invested in riskier assets looking for the 8-10% that always gets touted.
The reality is that many boomer retirees are significantly exposed to the stock market. Many have pensions or 401K plans with few options. The big problem with asset being sold isn’t that some boomers will hang on to assets because they aren’t giving them away. The problem is pension funds don’t have that option. If they are on the hook for pension payments that exceed new money coming in they are forced sellers.