look at the S&P 500 chart when ChatGPT came out. We were just on our way to flushing out the Covid excess money and then the AI narrative saved the market. AI narrative + inflation that is definitely way more than reported is propping up this market.

It amazes me when people say figures are wrong, but fail to provide alternative figures which widely differ from published ones.

Often it comes down to arguing the “basket of goods” is wrong rather than the individual components, or perhaps that there are wider rates in specific areas.