With $SPY currently standing at $4,200, the relentless upward climb of inflation is silently chipping away at purchasing power, while so-called “assets” are showing a decline. To maintain pace with inflation since 2021, when it was perceived as transitory, $SPY would need to rise to $5,480, signifying a substantial 30% increase above its current value.
Current positions: unchanged
Long #BidenVilles pic.twitter.com/MZfJ8AKZ8Y
— Golden Coast (Cassandra) (@GregCrennan) October 25, 2023
⚠️OCT MARKET UPDATE:
PAST Data:
❌ Inflation —>BEAT 4.1%📈
❌ $XLF —-> MISS -5% 📉
❌ $TSLA —> MISS -11% 📉
❌ $Goog —> MISS -10% 📉
✅ $MSFT —>BEAT 3.5% 📈
❌ $META —>BEAT -2% 📉7 days Upcoming Major Market News
No longer the MAG7 now the MAG3 👇🏼 t.co/5Fe3OLoNNl— The Coastal Journal (@1CoastalJournal) October 25, 2023