You acknowledge inflation isn't high by historical standards yet went on to argue he's wrong because stocks went up when inflation wasn't high by historical standards?

The last time we had sudden unexpected high inflation was 2022 and stocks crashed did they not?

https://fred.stlouisfed.org/series/FPCPITOTLZGUSA

I have no opinion on whether the article is relevant I was only responding to the sentence you quoted which didn't seem obviously incorrect.

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CamperBob2 3 days ago | parent [-]

Hmm. What else was going on around that time that might confound any conclusions?

Also, a 'crash' that recovers in 90 days isn't much of a 'crash', but the fact that people consider it a 'crash' is admittedly kind of scary.

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staticman2 3 days ago | parent [-]

Not sure where you got 90 days from. Turns out there's a Wikipedia article:

https://en.m.wikipedia.org/wiki/2022_stock_market_decline

Perhaps you would have preferred if I said "bear market" rather than crash.

At any rate the first sentence of that Buffet article you hated didn't deserve your ire.

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CamperBob2 3 days ago | parent [-]

Bear market, temporary downturn, whatever. It was not a "crash" by any sane definition of the word, and it had little or nothing to do with inflation. Otherwise we'd see the same correlation at other times when inflation has spiked.

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