New Investor Momentum Has Faded

[madmax]

According to FINRA, only 8% of investors entered the market in the last two years, compared to 21% during the 2021 pandemic boom.
The surge of young investors has reversed as macro uncertainty — inflation, rates, and economic concerns — pushes people back toward safer assets. FINRA calls the shift a “modest trend toward more caution” in US investing behavior.

[Nahid Hossen]

Early hype cooling off—market entering a more realistic phase.

[JanEmil]

Zero sum game so all can't earn like with stocks.