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not to alarm you, but the sp500 is only above the pre pandemic high by about 7.5% while the Dow is below. inflation adjusted, sp500 is below pre pandemic highs.
by bagacrap 4y ago
not to alarm you, but the sp500 is only above the pre pandemic high by about 7.5% while the Dow is below. inflation adjusted, sp500 is below pre pandemic highs.
- RC_ITR 4y agoIt is a very dangerous and naive game to 1) 'Inflation adjust' asset prices (if you think the average stock-holder has anywhere near the spend patterns of the CPI basket, boy howdy do I have something to tell you about home ownership and income inequality: rent is 33% of the CPI bucket and that's an 'imputed cost' for the vast majority of stock-holders who own their homes) 2) Think 7.5% in 2 years is a 'bad return' EDIT: Let's actually play a fun game, what's the real return of the SPY from the perspective of someone planning on taking a trip to Europe/The UK/Japan?