401k's and company's being able to buy their own stock has been a game changer for the stock market. You can't compare the pre 1980 data to today's stock market

401k's and company's being able to buy their own stock has been a game changer for the stock market. You can't compare the pre 1980 data to today's stock market. As long as money flows into the stock market via 401k's and companies buying their own stock the s&p 500 will continue to flow upwards. There will be panic selling but the market will recover since index funds have to use what money investor's give them no matter which way the market is going. There will be a time when that won't be the case since more people will start to retire and will start to sell but for now the flow is up- in my opinion.