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Always find these statements strange, and needing qualification. If I look at the S&P 500[0], it's currently up 27% from what it was 5 years ago (and 152% from
by neogodless 4y ago
Always find these statements strange, and needing qualification.
If I look at the S&P 500[0], it's currently up 27% from what it was 5 years ago (and 152% from 10 years ago), before accounting for dividends and inflation. (Dividends being roughly 2% and approximately matching inflation before 2022.)
So what I see is an irrational uptick in 2021, and a correction in 2022.
[0] https://finance.yahoo.com/chart/%5EGSPC https://finance.yahoo.com/chart/%5EGSPC