This market just wants to go up ... hotter inflation?
bring something hotter than that ... need some Carolina Reaper here
to get things spicy ...otherwise it's up ...
Posted by DigiNomad on 11th of Jan 2024 at 02:55 pm
Market going up literally is inflation, they just chose to stop
measuring it back in the day because it was messing up their stats.
So there's that.
Another way to look at it - imagine you're 28 years old and a
little weird. Your friends aspire to own a home and are bummed by
that asset inflation story. Your aspiration is only to own 100
shares of the S&P 500. Do you have a better story to tell than
your friends that aspire to own homes but are priced out by asset
inflation?
It will be obvious when the inflation story is over. The
market will stop levitating like this (the equity market and every
other market)
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This market just wants to
Posted by mla127 on 11th of Jan 2024 at 02:51 pm
This market just wants to go up ... hotter inflation? bring something hotter than that ... need some Carolina Reaper here to get things spicy ...otherwise it's up ...
Market going up literally is
Posted by DigiNomad on 11th of Jan 2024 at 02:55 pm
Market going up literally is inflation, they just chose to stop measuring it back in the day because it was messing up their stats. So there's that.
Another way to look at it - imagine you're 28 years old and a little weird. Your friends aspire to own a home and are bummed by that asset inflation story. Your aspiration is only to own 100 shares of the S&P 500. Do you have a better story to tell than your friends that aspire to own homes but are priced out by asset inflation?
It will be obvious when the inflation story is over. The market will stop levitating like this (the equity market and every other market)