Inflation at 3 year low, Stocks at ATH's, RE at ATH's, Bitcoin and Ethereum surging.
- Thread starter homie1975
- Start date
Fisher explain.
you are questioning the 2.8% PCE report vs the last 3 calendar years?
care to debate it and get your ass kicked?
Dell Dude
EOG Master
You are not very good at math, homie. If inflation starts at 3% and goes up to 8% then down to 2.8%, the 2.8% is higher real dollar value than original 3% because it is based on a higher principle.
Kinky starting $20 dildo cost
$20.6 after original 3% inflation
$21.63 2nd year @ 6%
$23.57 3rd year @ 8%
$24.98 4th year @ 6%
$25.67 now @ 2.8%
You call that success? Of course you do because you are a programmed Democrat drone. You need deflation to get back to $20.
Kinky starting $20 dildo cost
$20.6 after original 3% inflation
$21.63 2nd year @ 6%
$23.57 3rd year @ 8%
$24.98 4th year @ 6%
$25.67 now @ 2.8%
You call that success? Of course you do because you are a programmed Democrat drone. You need deflation to get back to $20.
average rate of inflation since 1960 is 3.8% annually.
that is D's and R's together.
of course the Red Team only wants to celebrate 2.8% YoY when it benefits them.
getting rich over here on RE, stocks and BTC/ETH.
you do you.
they should check their 401ks and other retirement accounts (Roth IRA's, traditional, etc) and check their 529's for their kids.
oh, and check the equity in their home unless they are refi'ing all the time or taking HELOC's.
for the average investor whether passive or active, and homeowner, net worth should be double since 2019.
the math checks out.
look at S&P, DOW and Nasdaq Feb 2019 thru today.
DOW up 50%
S&P up 81%
Nazzy up 111% !!!
BTC up $1,450% yes one thousand four hundred and fifty percent.
ETH up $,2400% in the same time.
you want to take Real Estate now across the country?
WAY UP !!!
V had a different tone.
You? you are an asshole.
but i respect your opinion so i read what you write.
other people who act like brainstems, I ignore.
read my part about stocks, RE, etc, and tell me it is not WAY UP the last 5 years.
i will take your answer off the air.
FairWarning
Bells Beer Connoisseur
I went to Sam’s Club the other day and prices were way up also. So you know, food prices Isn’t part of inflation.
Enjoy your 7.29 family size bag of Fritos. My business is down 20% this year after three straight down years. The trend is not my friend.
chips as in semi conductors? yes, they are making some of us so much money it is insanity.
BTC is:
up 18% the past 5 days.
up 42% the past one month
up 136% the past 6 mos
up 158% the past one year
if that is bearish to you, then i don't know what to tell you except that you do not understand the definition of "bear" when it comes to assets.
bloomberg
The recent run has taken prices to “very frothy levels,” Michael Novogratz, founder of Galaxy Digital, said during a Bloomberg Television interview. He expects a “correction” before prices resume climbing.
you should read first before saying anything... you made a mistake on the chips ...all you had to do was read above
it was a JOKE,
of course he was talking about edible chips,
but semiconductor stocks ie "chip" stocks have been all the rage the past 14 mos so i had to make the joke LOL
bloomberg is an expert?
just like jamie dimon trashed bitcoin?
and other billionaires who are afraid it will upset their ecosystem and get other people rich besides them?
go look at how many bloomberg "expert economists" predicted a recession in 2023.
all i did all of 2022 while the market was tanking was just buy more more more.
and i ignored all of the "experts".
anyone sitting on the sidelines w their dikks in their hands rather than buying stocks and bitcoin in droves, will be crying in their beverage of choice in 2030.
mr merlin
EOG Master
Bullshit, my IRA finally recovered from the covid crash in 2023, it's not double, it's up at most 10-15% from 2019. Those juicy gains are mostly in 20-30 stocks.
I'm approx 80 % equities, 20 % bonds/cash.
bloomberg did not say it the guy that owns galaxy exchange. He is saying it because of the 2 yr chart is going parabolic
i agree
don't buy anymore nvda stock... the guy that moved nvda said wait for correction... drukenmiller
now he leans google..i like it too before he said it
you are in the wrong funds.
The SPY index fund has gone up 27% in the last year alone.
any fool can hit that number just by throwing a dart.
the COVID crash of 2/15/2020 through 3/23/2024 was recovered on the S&P 500 by August. Just 5 mos later.
Again, you are in the wrong funds.
and the year before that in 2021 it was also up 27%
don't forget that.
we are WAY up from pre-pandemic levels. WAY UP
a lot of shit stocks in the index... mag 7 is a good reason why it is up i am betting without looking
However, as increased mining difficulty pushes smaller miners out of operation, mining difficulty could be 20% lower than originally estimated, bringing down production costs. With less support in the lower bound, investors may see Bitcoin’s price drifting back toward $42,000 after April, the strategists wrote Thursday. JPM