How’s the stock market?

PRCD

Tom Curren status
Feb 25, 2020
13,044
9,109
113
Such a dumb article. I don't know what ALEC is but based on the tone I'm guessing right wing billionaire funded think tank?

He says inflation under 3 years of biden is 20% (numbers I found say 18.7% but whatever) and then he says under Trump inflation was 1.4% but he's using the yearly inflation instead of comparing apples to apples.

A fair comparison comes to 18.7% for Bidens first 3 years and 6.2% for Trumps first 3 years.

There's no need to exaggerate to make the point that inflation is worse under Biden.

But then if you look at the inflation experienced in much of the rest of the world over the same 3 year period and you realize that it could be so much worse.
Inflation is worse in the rest of the world because we cause it by printing money.
 
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casa_mugrienta

Duke status
Apr 13, 2008
44,324
19,070
113
Petak Island
i'm not following this thread closely so apologies if this point was already raised: how does the distinction get drawn between those companies that raised prices because their costs actually went up and those companies who saw opportunity in the current economic climate and raised prices simply to increase profitability?
Here we go again.:rolleyes:

 

vanrysss

Billy Hamilton status
Mar 25, 2019
1,668
3,766
113
from Oregon, now SD
Recently bought into VONG, VYM and doubled my holdings in MAIN. I probably need to sit down in the next couple of weeks and sell off some stuff so I'm not full blast on the s&p. MAIN was the only asset I held that didn't get hit by that dip in April so that might be it.

Edit: Also bought a couple Japanese market ETFs. Everyone and their mother is going on vacation there these days it feels like
 
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StuAzole

Duke status
Jan 22, 2016
29,089
10,253
113
I'm sorry this is happening to you.
The same charts and arguments were shut down on politics.

Are you arguing for deflation? There is no changing the impact of inflation from 3 years ago without it. The stock market would not like deflation.
 

Sharkbiscuit

Duke status
Aug 6, 2003
27,041
20,069
113
Jacksonville Beach
how is this thread surf-related?
Investing is how most of us plan on bailing someplace it's fun and not packed out with 18243786247823164782316547823164890312489623147826314578213547823164798623549875962137816378564012793647628340986214398706213489216598216984632148 people.

I'm thrilled for a 2.5 day NE blowout. It feels amazing outside vs the low 90s we've been having. But at this point it looks like a long, hot, flat summer is inbound. Probably followed by some folk getting 4'd or 5'd in September/October.

I want to talk only about how pitted, so pitted I got this morning.

@Groundswell

 

afoaf

Duke status
Jun 25, 2008
49,972
23,669
113
has anyone here broken up with their money person before?

is anyone here a money person and can give some insight in to how break ups are perceived from the other side?

morgan stanley IRA is woefully underperforming Vanguard the last few years so I'm going to roll the majority stake in to my current employer-provided account
 
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ElOgro

Duke status
Dec 3, 2010
32,712
13,077
113
has anyone here broken up with their money person before?

is anyone here a money person and can give some insight in to how break ups are perceived from the other side?

morgan stanley IRA is woefully underperforming Vanguard the last few years so I'm going to roll the majority stake in to my current employer-provided account
Who cares how the other side perceives it. It’s your money, not theirs. Ask the people at Vanguard, they’ll know how to do it.
 
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Autoprax

Duke status
Jan 24, 2011
69,388
23,914
113
62
Vagina Point
has anyone here broken up with their money person before?

is anyone here a money person and can give some insight in to how break ups are perceived from the other side?

morgan stanley IRA is woefully underperforming Vanguard the last few years so I'm going to roll the majority stake in to my current employer-provided account
Yes.

Just once.

But I've broken up with my dentist more times.

Like 4 times.

Now I am single sucking on xylitol and hoping for the best
 

afoaf

Duke status
Jun 25, 2008
49,972
23,669
113
Yes.

Just once.

But I've broken up with my dentist more times.

Like 4 times.

Now I am single sucking on xylitol and hoping for the best
I love my dentist. she is a major asshole, but dentistry seems inherently masochistic

you need a good dentist, barber, and mechanic

once you get that nailed, life is grand
 

flyinraptr

Michael Peterson status
Dec 18, 2008
2,865
1,610
113
San Juan del Sur, Nicaragua
has anyone here broken up with their money person before?

is anyone here a money person and can give some insight in to how break ups are perceived from the other side?

morgan stanley IRA is woefully underperforming Vanguard the last few years so I'm going to roll the majority stake in to my current employer-provided account
Yes ... it is not hard but what you want to pay attention to is the type of account you will be transferring over to otherwise you could get hit with unexpected taxes at the end of the year. If the current account is a tax-deferred account you will want to make sure it is going into a similar type of account. Talk to your Vanguard rep ... this is something commonly done.