When thinking about an all-time high, don’t forget to adjust for inflation.
Discussion
bUt ThE sToCk MaRkEt iS aT aLl TiMe HiGh = an intellectually dishonest and circlejerk statement made by the mathematically challenged
Exactly.
It will be interesting to see what happens as more and more people double and triple their money.
I had the good fortune to witness precisely this back in 2011 & 2012. Many people can’t walk away from a 2-4x.
Think with just the last few years of inflation the new high in USD cuckbucks is like $78K. So up 10K in just a few years. But $78K is just the starting point for this bull!!