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FBaggins

(28,106 posts)

9. The challenge is twofold

Reply to Johnny2X2X (Reply #4)

Thu May 16, 2024, 07:08 AM

May 2024

One - The Dow is not inflation-adjusted. Yes - it's up about 33% since the term started, but inflation is up about 20% during the same period (and far more than that for many real-life goods).

Two - Many people do not participate in market gains (unlike inflation)

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CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago [View all] BumRushDaShow May 2024 OP

Slightly better than expected report Johnny2X2X May 2024 #1

Grocery store prices have been dropping for a while now Deminpenn May 2024 #2

Graphs: PCE, CPI, PPI: 3 month rolling average and monthly changes: both regular and Core progree May 2024 #3

DOW at all time record high right now Johnny2X2X May 2024 #4

S&P 500 too progree May 2024 #7

The challenge is twofold FBaggins May 2024 #9

Imagine a Democratic controlled House where legislation to stop price gouging and enabling taxes on windfall NoMoreRepugs May 2024 #5

The hang-up in that scenario though BumRushDaShow May 2024 #6

True. NoMoreRepugs May 2024 #8