Posted by DigiNomad on 1st of Feb 2024 at 05:03 pm
Yes, I absolutely do bellyache both ways. I personally like
markets that make sense. Dislocations based on Gov nonsense disturb
me. Sue me.
I had the levels picked and everything went according to plan
today. I don't have to like watching my purchasing power go up in
smoke to support wars, migration and underperforming health care.
In the meantime, break out the confetti! SPX just closed at
ATH (4937).
Posted by DigiNomad on 1st of Feb 2024 at 06:00 pm
Yes. The market is simply a collection of assets. So if you own
them when they the dollar is being diluted and asset prices are
inflating, you will participate in the inflation. But do the math
on how much market exposure you would have to have to fully hedge
yourself from the effects of reduced purchasing power from deficit
spending. It's unlikely for the vast majority of people, even
subscribers here, and only if they also pick the perfect assets
that inflate at or near the rate of inflation....which is not the
nonsense CPI number we get shoved down our throats by the Gov that
wants to keep spending no matter what. They peeled out asset
inflation a long time ago and left us with a basket of goods
measured like we're still in the 1960's. God forbid modernization,
but why don't they reach back and use 20 year old technology
instead of 60 year old tech to construct a real time, infinitely
more accurate measure of inflation? Well, I think we all know
why.
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Yes, I absolutely do bellyache
SPX - the slope of today's advance made yesterday look ...
Posted by DigiNomad on 1st of Feb 2024 at 05:03 pm
Yes, I absolutely do bellyache both ways. I personally like markets that make sense. Dislocations based on Gov nonsense disturb me. Sue me.
I had the levels picked and everything went according to plan today. I don't have to like watching my purchasing power go up in smoke to support wars, migration and underperforming health care.
In the meantime, break out the confetti! SPX just closed at ATH (4937).
OK, that's all not great.
Posted by mastermind on 1st of Feb 2024 at 05:13 pm
OK, that's all not great. But isn't that part of what the market is for - an inflation hedge?
Yes. The market is simply
Posted by DigiNomad on 1st of Feb 2024 at 06:00 pm
Yes. The market is simply a collection of assets. So if you own them when they the dollar is being diluted and asset prices are inflating, you will participate in the inflation. But do the math on how much market exposure you would have to have to fully hedge yourself from the effects of reduced purchasing power from deficit spending. It's unlikely for the vast majority of people, even subscribers here, and only if they also pick the perfect assets that inflate at or near the rate of inflation....which is not the nonsense CPI number we get shoved down our throats by the Gov that wants to keep spending no matter what. They peeled out asset inflation a long time ago and left us with a basket of goods measured like we're still in the 1960's. God forbid modernization, but why don't they reach back and use 20 year old technology instead of 60 year old tech to construct a real time, infinitely more accurate measure of inflation? Well, I think we all know why.