4/29/09

The New Math

1. Take an annual 6.1% decrease in real GDP:


2. Add a marked increase in year over year unemployment in 372 metropolitan areas:

3.Add a global influenza pandemic:



4. Add an 18.6% decrease in the Case-Shiller Housing Price Composite Index:


To yield this?



At this rate, it can't be long before
Powerball is deemed a permissible 401(k)/IRA asset allocation option.

2 comments:

  1. Prospect theory at its finest? Or prices floating on an ocean of newly minted money?

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  2. Excellent point. Maybe inflation is getting priced into the market, but it's strange that we don't see it in commodities.

    ReplyDelete