Of course the dow will rise just on inflation over time.
Current ~14,000 to 20,000 is 6,000 rise....6/14 +42% Definitely not inflation. If it is we gots bigger problems.
So true. I read statements that the dow should be over 20,000 plus except we are in bad times. It's rising with inflation but not where it should be. They're keeping interest rates low just so the service interest on the debt is same amount it was many years ago - which is less than what the service interest should be if inflation was taken into account. Interest rates can't go lower than zero, so this whole thing is going to blow up soon. Then the service interest on debt will crash it all, with hyperinflation. Fun times.