how about that S & P?
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https://www.nytimes.com/2024/01/19/business/stock-market-record.html
ive always kept money in S & P index linked mutual funds for many years, without ever really checking on a daily, weekly, or even monthly basis. every once in a while i check the balances.
so this front page (nytimes.com ) headline caught my eye
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@jon-nyc said in how about that S & P?:
Welcome to Joe Biden’s
Americastock market.Up ~ 20% over Biden’s Admin!
Of course, it was doubled during Trump’s…
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@jon-nyc said in how about that S & P?:
Welcome to Joe Biden’s
Americastock market.Up ~ 20% over Biden’s Admin!
Of course, it was doubled during Trump’s…
@LuFins-Dad said in how about that S & P?:
Up ~ 20% over Biden’s Admin!
Up about 5% over it's previous peak during the Biden administration - in December 2001.
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@LuFins-Dad said in how about that S & P?:
Up ~ 20% over Biden’s Admin!
Up about 5% over it's previous peak during the Biden administration - in December 2001.
@George-K said in how about that S & P?:
@LuFins-Dad said in how about that S & P?:
Up ~ 20% over Biden’s Admin!
Up about 5% over it's previous peak during the Biden administration - in December 2001.
Now, let’s adjust for the aggregate inflation over the Biden Admin.
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@George-K said in how about that S & P?:
@LuFins-Dad said in how about that S & P?:
Up ~ 20% over Biden’s Admin!
Up about 5% over it's previous peak during the Biden administration - in December 2001.
Now, let’s adjust for the aggregate inflation over the Biden Admin.
@LuFins-Dad said in how about that S & P?:
@George-K said in how about that S & P?:
@LuFins-Dad said in how about that S & P?:
Up ~ 20% over Biden’s Admin!
Up about 5% over it's previous peak during the Biden administration - in December 2001.
Now, let’s adjust for the aggregate inflation over the Biden Admin.
According to these guys, using CPI data (which I think may undershoot actual inflation) it's about 18%.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
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