boisterousbob

Dreamliner Flies: Report from the Scene

That's not a real plane, it's made of plastic!

Just kidding. She's beautiful!

A Dow Double in 10 years? Easy

Inflation will help the dow doubling case. Stocks are commodities priced in dollars. If the value of a dollar falls (inflation) the price of a stock expressed in dollars will go up more quickly.


On Oct 07 02:13 PM Larry House wrote:

> It may sound easy enough, but don't underestimate the long-term economic
> problems we face. Other "experts" who manage billions of dollars
> are predicting growth of 1-3% for the next few years--a good-sized
> chunk of the 10 years. Beyond that, we may face high inflation.
> On top of all, we have growing budget deficits. Stocks will have
> a hard time averaging 7.2% per year with that backdrop. I hope it
> happens, but I don't expect it.