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.


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

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