Since I’ve been born prices have NEVER gone down. Sure May flex little but always go up. We have been fortunate due labor rate most time go up with higher prices. G. always cause prices to go up. Eventually be third world country where currency nearly worthless. IMO in 20 years the yen will be top currency and dollar will be worth about as much as peco. And like Roman Empire it will happen all because greed. And it all our G. fault.

On the brighter side gas is $1.99/gal.

A couple years ago my monthly food budget was $600-$800. The same meal plan now I’m spending $1000-$1200. That’s the only gauge I need on what the economy is doing.

Well, the messenger was shot, so in the future we should all be getting the best news, the world has ever seen.

I guess the $5 dollar bill is the new $1 dollar bill with no more pennies. 😟🤑

Buy and hold will not make you money in the long run. I got out at the end of last year, got back in the 1st week of April, made tons tons of money since 1st week of April (enough money to live on for the next 10 years with a 6-digit budget), and I’m back out of the market waiting for the next dip. I’m missing out on some decent gains the last 2 days but I’m ok with that. I buy back in on the next big dip

2.89 down here.

Median home price lowest ever
 

David from Florida Realty Investments made the major announcement on his most recent YouTube video that the median home price for homes here in the Villages has finally dipped to below 250 dollars a square foot for the first time. Wherever the bottom is, one thing for sure is prices are dropping. If inflation on homes is checked it could be yet another reason for the Fed to lower the prime lending rate?

Thanks for my morning laugh. Unfortunately it is also sad but true.

Back to the Thread…we noticed that dairy is down but the price of all else for food is up

I don't know about "yet another." It certainly would be an indicator but there are many indicators and not all (not many?) are pointing that direction. I'm glad I'm not responsible for making the decision.

Are homes here selling at a loss or are they just not making the profits they were a few years ago? I know of one that bought high in 2022 and sold low just this year but that may be the exception.

Heat exhaustion and death is going UP in the US. I believe that life expectancy is going up in the Scandinavian Countries and Switzerland.In the US, life spans will DECREASE in the future due to fewer people on Medicaid.

The LOWER 25 % of US society (that don't have money in the stock market) are the ones that feel themselves sliding backward on the economic scale. A.I. and robotics are beginning to replace factory workers and other workers.

That is a GREAT economic summary !

Truth is I am in extreme northern New York State and the price avg is $3.29.

I heard that drug prices are going to go down by 1500%.