Added later:
Here is the S&P for the past two years of so.
I’ve been calling it “flat” or “net flat” or some such, although
- strictly speaking it is down 4.8%
- inflation (as measured by CPI) has been 11%.
Government workers, and social welfare recipients have gotten increases of ~17% because, (those on the left point out,) when you take all the costs of inflation into consideration the cost of living really has gone up that much." (it’s on one of the threads here.)
One thing is certain. At some point the S&P will continue its climb.
