A Nationwide Retirement Institute survey conducted by Harris Poll, released October 20, 2026, found three in four Gen Z investors are changing or considering changing their portfolios ahead of the November midterms, more than four times the rate of baby boomers. About 24% moved money into more conservative investments, versus 13% of boomers. The discussion ties the shift to a selloff in defense names like Lockheed Martin and Northrop Grumman as Kalshi odds of a Democratic sweep rise, and to advisors' advice to do nothing.