recently met someone in an "ideation phase" ie they know they want to start a company but don't know what that company would do .. honestly had no idea that was a thing - seems rather suspect, just means one wants to "lead" & "build a team" like, as a concept :/ oof
Watch this.
Reporter: "Has your husband ever made a stock purchase or sale based on info received from you?"
Pelosi: "No, absolutely not."
The Pelosi’s recently bought shares in Nvidia, $NVDA, worth millions.
Nancy Pelosi backs the CHIPS Plus bill, a $52B semiconductor bill.
Average age of U.S. cars has reached 12.2 years—a record high and 5th straight year of increases per @SPGlobal Mobility … firm cites global microchip shortage, supply-chain issues, and inventory challenges as reasons people have held onto their old cars for longer
Price increases over last year (CPI report)
Gasoline: +43.6%
Used Cars: +22.7%
Gas Utilities: +22.7%
Meats/Fish/Eggs: +14.3%
New Cars: +13.2%
Electricity: +11.0%
Food at home: +10.8%
Transportation: +8.5%
Overall CPI: +8.3%
Food away from home: +7.2%
Apparel: +5.4%
Shelter: +5.1%
@EnricoLaQuatra @PrestonPysh how do you compare the stock market returns to inflation?
which metric do you use?
the way they calculate inflation is constantly changing.
A fascinating comparison of global stock indexes since 2008. Got #Bitcoin?
In 2022 USD VS in 2008 USD (M2 adjustment)
USA | +179% | -3%
JAP | +55% | -47%
IND | +51% | -51%
CAD | +18% | -61%
KOR | +6% | -64%
CHI | -7% | -68%
EUR | -10% | -70%
HK | -24% | -74%