Loading ...Right dollar goes down SM goes up so it goes down a little and back up maybe in channels down the average people don’t see it. They might see rising consumer prices but don’t connect the dots. They also don’t realize they’re is a war against the dollar thanks to Biden and knocking Russia off the exchange weaponizing the dollar losing reserve trust with other countries now diversifying or countries selling treasuries.
What has the purchasing power combined with corporates greed done in the last 10 yrs. Things like housing, autos, insurance, so forth have reached a peak even surpassed affordability. Hunter has a point that was has worked the last 40 years but set it forget it appreciation in the SM may start to reverse.