Everything I read is inflation is at 8% or whatever but yet that statement is always followed up by X Y and Z are up 13, 18, and 23 percent? I keep hearing we aren't yet in a recession but the market has been on a downhill slide since January and big index funds are pretty much where they were pre covid. How is 6 straight months of negative returns and wiping out 2 years of gains not a recession?
Look I'm not very smart and I don't understand how all this shit works but none of this makes sense in my little pea brain.
So how bad is it really?
Everything I read is inflation is at 8% or whatever but yet that statement is always followed up by X Y and Z are up 13, 18, and 23 percent? I keep hearing we aren't yet in a recession but the market has been on a downhill slide since January and big index funds are pretty much where they were pre covid. How is 6 straight months of negative returns and wiping out 2 years of gains not a recession?
Look I'm not very smart and I don't understand how all this shit works but none of this makes sense in my little pea brain.
So how bad is it really?
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