You do realize it is Annualized....not annual right? Of course, this is TERB so everyone always says "wrong" but yet completely unable to articulate how it is wrong nor able to provide their own version or even references.The inflation numbers are completely wrong
Inflation can be hard to measure. For example, how do you measure improvements in a good or service?You do realize it is Annualized....not annual right? Of course, this is TERB so everyone always says "wrong" but yet completely unable to articulate how it is wrong nor able to provide their own version or even references.
The results & swing is obviously drastic depending on the number of years you do it over. Inflation was higher years ago. We all remember "2%" but it was never really "2%". For example, in Canada (merely as an example), 2001-2000, the monthly rate of inflation bounced around from 0.6% to 4.4%. IN 1991, it hit almost 7%. The 50 year annualized goes drastically higher because of the 70s. No doubt you remember the 1970s.
Yup, inflation measurements, particularly wrt housing, assets, rent blah blah, are very controversial.Inflation can be hard to measure. For example, how do you measure improvements in a good or service?
For Canada, I wonder if asset price inflation(especially housing) has been properly accounted for.
Despite the high inflation of the 1970s, the Canadian standard of living caught up with the U.S. during that period. Commodity prices were high.
Working class wages still beat inflation. Maybe that is why the professional class always pooh poohs the decade.
U.S. stocks have left Canadian stocks in the dust since the financial crisis. Can the tech stocks keep it up? Is AI in the early days? Can anyone make much money from AI besides NVIDIA?
Astonished, I purchased VOO a few weeks back so I figured it would crashspx rises above 5000!
hhahah, all good, even if it crashes tmr, data has shown you'll likely be up 3-5 yrs out.Astonished, I purchased VOO a few weeks back so I figured it would crash
You called it, it's tomorrow and S&P500 down >1% Although this is just noise, not a crash.hhahah, all good, even if it crashes tmr, data has shown you'll likely be up 3-5 yrs out.
buy the dip in a bull runYou called it, it's tomorrow and S&P500 down >1% Although this is just noise, not a crash.
They cannot find anything of value that is big enough to move the needle with all the cash they have.Berkshire Hathaway holding more cash than ever. Warren Buffet voices concerns. I'm suspecting a rocky 2024, I'm diversifying with some bonds and other assets.
it's an election year ....don't go against the pattern ...and the bears have been screaming for further downside ...didn't happen last yr, and it won't happen this yr until perhaps when Trump winsBerkshire Hathaway holding more cash than ever. Warren Buffet voices concerns. I'm suspecting a rocky 2024, I'm diversifying with some bonds and other assets.
Yeah. The bears have been wrong. U.S. Stocks definitely not cheap with the Shiller PE and Buffett indicator at the high end. But then, NVIDIA earnings have been outpacing it's stock gains.it's an election year ....don't go against the pattern ...and the bears have been screaming for further downside ...didn't happen last yr, and it won't happen this yr until perhaps when Trump wins
bears had their feast in 2022 and black swan in 2020 ...to be bearish in 2024 is completely going against the oddsYeah. The bears have been wrong. U.S. Stocks definitely not cheap with the Shiller PE and Buffett indicator at the high end. But then, NVIDIA earnings have been outpacing it's stock gains.
The issues for the Canadian economy run deeper than the fossil fuel industry. Productivity gains are lagging the U.S.Yup, inflation measurements, particularly wrt housing, assets, rent blah blah, are very controversial.
"U.S. stocks have left Canadian stocks in the dust since the financial crisis."
ya...fuuuuuck, I know. Looking at the index funds I purchased a long time ago, the CDN index is 73% RoR, International 66%, US index 343%.... Fuck me , I figured Canada, resources, good returns. Who knew then that the Canadian government would actively seek to squash our resource industry right?
The drama teacher is out to crush ALL of our industries, not just resources.Yup, inflation measurements, particularly wrt housing, assets, rent blah blah, are very controversial.
"U.S. stocks have left Canadian stocks in the dust since the financial crisis."
ya...fuuuuuck, I know. Looking at the index funds I purchased a long time ago, the CDN index is 73% RoR, International 66%, US index 343%.... Fuck me , I figured Canada, resources, good returns. Who knew then that the Canadian government would actively seek to squash our resource industry right?
This. Also any government help just makes an industry or a company reliant on it and therefore less efficient and competitive in the future. But it would be nice if the government can make an environment where business can thrive with less red tape and oversight.The issues for the Canadian economy run deeper than the fossil fuel industry. Productivity gains are lagging the U.S.
Most people don't understand productivity = wealth. They think (or want to believe) government policy primarily drives wealth. In fact in mature Western economies, governments are not a big driver of productivity as the roads, the bridges and so on have been built. Government efforts to drive certain industries typically result in the inefficient use of capital. I think you will also understand that productivity growth is being driven more by technology and less by physical investment.