4 ms·
Exactly. Nobody dares yet to tell it's inflation.
by holoduke 5y ago
Exactly. Nobody dares yet to tell it's inflation.
- brutus1213 5y agoI was looking at the market charts (NASDAQ) and was floored. How can people look at such a massive increase during a global pandemic and say this is normal growth? I mostly missed out on this entire expansion (we were saving to buy a house; had to keep the downpayment liquid as our housing market is stupid and requires people to go through a dozen bidding wars before you actually succeed).
- mox1 5y agoI think most would agree we are in bubble-ish territory, but what do you do? Most advice says 2 things. 1. impossible to time the market. 2. time in market beats all things. So you can't just pull your money out. Even with a 20% correction tomorrow, your still going to be up on the year. Going to bonds to get 1-2% isn't helping much. There is nowhere left to put money. Be nervous a year from now when the bubble talk subsides as the NASDAQ continues to grow :)
- gruez 5y ago...except BLS reported high inflation this month?
- anonu 5y agoHigh demand and low supply due to supply chain slowness doesn't immediately translate to price inflation. Prices go up in this scenario but the question is if it's just temporary (meaning supply eventually meets demand or demand goes away over time) or it is in fact permanent inflation.
- jaybrendansmith 5y agoHard agree. Real estate is spiking up, but you are to observe that construction materials and wood just normalized back to where they were. Same with cars, this is due to rental companies repurchasing their fleets. It's a temporary supply issue, we are not in an inflationary market just yet.
- Ancapistani 5y ago> construction materials and wood just normalized back to where they were Huh? Wood prices have corrected some, but they’re still >2x what the were pre-pandemic.