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When inflation outperforms stocks.......
General Boards - Business & Investing
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Replies: 6
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When inflation outperforms stocks.......

1
Dec 7, 2023, 9:01 AM
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https://www.straitstimes.com/business/americans-are-pulling-cash-from-their-retirement-savings-to-pay-bills

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Routine or extraordinary expenses? Either not good .


Dec 7, 2023, 9:23 AM
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Contributes to perception of a weak economy (when the actual economic performance metrics are mixed).

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Well, the market has essentially been flat 2-3 years now.


Dec 7, 2023, 9:31 AM
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In that same time, inflation (in total + overall) has totaled 19%. So there's a gap.

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Absolutely! And not happy about that. But theres always a but


Dec 7, 2023, 9:44 AM
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Sold two real estate properties at very near peak price and laddered the proceeds into CD’s at 4.5% to 5.25%. That’s lucky timing.

Many other Americans have not been as fortunate and inflation combined with high interest rates have been challenging. Wage growth is occurring but is lagging. It’s not a good economy nor is it the train wreck some imply. What’s equally concerning, there almost no intelligent discussion on what are pragmatic future economic policies.

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Something is bad wrong when I can......


Dec 7, 2023, 9:56 AM
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........sell my house for an obscene amount of money (twice what we paid for it in 2012), take that net equity (which is roughly equal to the 2012 total purchase price) and use that as a down payment on THE SAME HOUSE, finance the difference (original purchase amount) at 8% and my mortgage more than DOUBLES.

I don't care what my house is worth, I can not afford to buy a similar house or make a lateral move today. This is why, for us to sell our house, we'd have to ask about $150K OVER the insane Zillow value, to even consider moving. This is an upward momentum that is impacting ALL homeowners, which is why the market will not drop (until a massive influx of supply somehow materializes).

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Bidenomics says "You don't need a 401K .. the government will take care of you"


Dec 7, 2023, 10:29 AM
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Here's $1200 ... make it last for a couple of years.

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If I'm correct on the cause of inflation, and I may not be of course


Dec 8, 2023, 1:52 PM
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I would predict around February/March of next year we will see a bump up in inflation. Just guessing based on very early information, but maybe around 6%, give or take a point.

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