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Originally Posted by rsmurano
Unbelievable what people say. Highest inflation occurring today?? Is this April 1st again?
Prices are down compared to last year and way down compared to 2022. How much was gas in 2022 compared to today?
Market is down, no big deal! It’s not because of inflation. We will see a huge jump in equities later sometime this year. To make things right, it’s going to take some time. If you would have bought some stocks in the last month (I have bought 6 battered stocks in the tech area a month ago), there have been big gains. It’s still too early to get all the way back in IMO.
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With respect to the 1st paragraph. I doubt that prices for a house in The Village and the price of a new car has gone DOWN since 2020. And houses and cars are the biggest expenses for most people.