So close, yet so far. Even though the pundits crow about new all-time highs, we aren’t there yet on an inflation adjusted basis. Let alone, using true inflation numbers. The powers that be count on the ignorant masses to not realize inflation has ravaged their returns and their daily expenses. Until the S&P 500 breaks out decisively above 2,000, we are still in a secular bear market. We should make t-shirts that say:
All That Money Printing and All I Got Was This Stupid T-shirt
