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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (17841)	5/21/2024 12:12:25 PM
From: Kirk ©	Read Replies (1) \| Respond to of 27123

Interesting and telling chart... All the RNC should do is ask the lower income voters is "are you better off than in 2019 before the democrats shut down the country for COVID while "allowing" all the "essential workers" to go to work to serve us?" Those who benefit from massive government borrowing to subsidize "good paying" (slang for union) jobs are doing great... I can't complain about all the money I've made in the market over the past 3.5 years from the massive government spending. I've also benefited from the high rates to slow inflation as I'm getting much more than inflation in my fixed income. It has REALLY helped WEALTHY Boomers and Seniors with large fixed income components of our portfolios... but we probably won't change how we vote by some snarky ads... but the young... The Fed continues to say that they need to see more progress towards their 2% inflation target before cutting rates. But with each passing month, the gap between actual inflation and a 2% inflation trendline continues to widen. We’ll likely see CPI move back to 2% at some point, but that won’t erase the above-average cumulative inflation we’ve all experienced since 2020. Look at the chart and ask "so, what happened in 2021 to cause so much inflation? . Chart & Quote from bilello.blog