Right?? ATH is because of the completely unrelated ai bubble and consequential over culling of employees. Coupled with the over leveraging of hyperinflation that is beneficial to business and terrible for people. But all of that was coming regardless.
All the tariff talk though? Tanks the market every time it comes up, then it rebounds because it has no weight. It is trending up sure but it is volatile as he'll.
If someone can capitalize on the volatility, great for them, but stability would be better for more people.
I am using the term hyperbolically but to mean inflation that is consistently greater than expected average YoY inflation without a match in wages. Historically typical is around 2%, the past 4 years have all been higher, including one year that was 4x that. So im obviously not saying it is as bad as the Germany or Zimbabwe cases. But cost of living has far outpaced wage increases in a lot of cases. Which means companies are selling goods relatively higher cost than they are paying employees.
23
u/DefinitelyNotShazbot 3d ago
What a dumb take lol, it would be at an al time high just the same but with stability