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Going in the other direction, we’re 11% above the pre-COVID high for the S&P. And that’s with $6+ trillion dollars having been pumped into the economy. There’s
by koolba 4y ago
Going in the other direction, we’re 11% above the pre-COVID high for the S&P. And that’s with $6+ trillion dollars having been pumped into the economy. There’s plenty of crash and plenty of inflation left in the pipes.
- syntaxing 4y agoWould you consider it a crash if S&P was just flat for a decade?
- freeqaz 4y agoThat would be stagflation, I believe. https://en.wikipedia.org/wiki/Stagflation https://en.wikipedia.org/wiki/Stagflation
- anm89 4y agoYou are misunderstanding "flat for a decade". Flat for a decade is decided in retrospect. It's not flat along the way. Flat for a decade very likely means way down from here right now.
- lupire 4y agoWouldn't inflation push nominal stock prices up, since there are excess "cheap" dollars to spend?