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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST

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To: TobagoJack who wrote (7019)6/7/2006 10:48:29 AM
From: Moominoid  Read Replies (1) of 217661
 
Inflation could be higher than stated but it is hard to believe it could be as high as you state because then real GDP growth in the US would be zero or negative and that doesn't really fit with what we see. Wage growth though is very low and in real terms negative. The stock-market boom has been driven by a continued shift from wages to profits.
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