Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
CPI simply does not measure what people think it does when it comes to inflation. Did costs for homeowners actually increase 19% in 1979? After a 12.4% increase in 1978?
Of course not. Yet this was part of the CPI numbers. It's even worse now with Owners Equivalent Rent (OER) too.
Sadly, there is no right answer when it comes to measuring inflation. "Just measure a basket of goods, Josh! That's all you need to do!"
Ugh, if Ribeye goes up say 50% and chicken remains the same, what will I consume more of? Chicken, indeed. So, how does inflation account for the change in consumption? See how dicey this is? It's not an easily solvable problem.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Worried About a Stock Market Crash? Here’s What You Should Be Worried About Instead. - Barron's https://share.google/zxmc1t7eE4TLrdHPh
Read this article from Barron's
https://www.morningstar.com/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent
