Even the recession can’t dampen this insane inflation.
Inflation coupled with a bullish market. And the stock market trends don’t follow economic ones very directly
This is purely based on how much your are contributing per month. Mine rise every month for the past 20 years but I also contribute every month, to 2 different ones, and I have a 3rd left over from an old job that I no longer contribute too. Its growth is very slow when you don’t put money in it, but at least it grows, but NOT as fast an the rate of inflation has been. Most people today with 401k’s got HOSED by the Covid Scam. I lost probably 30% in year 2020 alone. Its growing back, but we are basically looking at the “lost years” is what we should call it from the “Vaccine Scam of 2020”. I think thats what I am going to start calling 2020, or maybe “Mass Hysteria of 2020”, which lead to probably the worst monetary policy the USA has ever seen.
Average life expectancy greatly increased during the Great Depression and I got on the housing ladder during the GFC. There’s a lot more to an economy than existing capital growing relative to the currency.
They can, but Idk what reasonable person would look at the economy in 2023 Q3, and call it a recession…
Stock prices have very little to do to do with macro indicators.
When consumers have no self control and just spend spend spend and leverage mass debt, they do still rise. Consumer debt has risen as well.
We printed money. The money settled into the coffers of big business. That money got invested into the market as well. Inflation causes the market to go up too.
Interesting, I’m sure median values rose marginally by comparison
Why is the party of “idc what he does as long as my 401k goes up” so upset?
401(k)s went up because the stock market went up. The stock market went up because people moved their money from other places. When interest rates are high, it makes sense to keep more money in things like bonds, where the rate of return is higher during inflationary periods. In November or so, when it looked like interest rate cuts were all but assured, people started moving their money back into stocks as bonds became less attractive. There has since been some hedging on interest rates due to mixed data, so the stock surge has slowed.
So basically, stock market performance is not entirely reflective of the economy as a whole, but rather a reflection of how good the stock market is perceived as a place to put your money. We are adamantly not in a recession right now, but don’t use your 401(k) as the barometer for that.
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Did we declare a recession in 2022?
Even the recession can’t dampen this insane inflation.
Inflation coupled with a bullish market. And the stock market trends don’t follow economic ones very directly
This is purely based on how much your are contributing per month. Mine rise every month for the past 20 years but I also contribute every month, to 2 different ones, and I have a 3rd left over from an old job that I no longer contribute too. Its growth is very slow when you don’t put money in it, but at least it grows, but NOT as fast an the rate of inflation has been. Most people today with 401k’s got HOSED by the Covid Scam. I lost probably 30% in year 2020 alone. Its growing back, but we are basically looking at the “lost years” is what we should call it from the “Vaccine Scam of 2020”. I think thats what I am going to start calling 2020, or maybe “Mass Hysteria of 2020”, which lead to probably the worst monetary policy the USA has ever seen.
Average life expectancy greatly increased during the Great Depression and I got on the housing ladder during the GFC. There’s a lot more to an economy than existing capital growing relative to the currency.
https://www.history.com/news/great-depression-economy-life-expectancy
They can, but Idk what reasonable person would look at the economy in 2023 Q3, and call it a recession…
Stock prices have very little to do to do with macro indicators.
When consumers have no self control and just spend spend spend and leverage mass debt, they do still rise. Consumer debt has risen as well.
We printed money. The money settled into the coffers of big business. That money got invested into the market as well. Inflation causes the market to go up too.
Interesting, I’m sure median values rose marginally by comparison
Why is the party of “idc what he does as long as my 401k goes up” so upset?
401(k)s went up because the stock market went up. The stock market went up because people moved their money from other places. When interest rates are high, it makes sense to keep more money in things like bonds, where the rate of return is higher during inflationary periods. In November or so, when it looked like interest rate cuts were all but assured, people started moving their money back into stocks as bonds became less attractive. There has since been some hedging on interest rates due to mixed data, so the stock surge has slowed.
So basically, stock market performance is not entirely reflective of the economy as a whole, but rather a reflection of how good the stock market is perceived as a place to put your money. We are adamantly not in a recession right now, but don’t use your 401(k) as the barometer for that.