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re: The S&P 500 Index closed at a new 2023 high today at 4,198.05.
Posted on 5/19/23 at 2:53 pm to LSUcam7
Posted on 5/19/23 at 2:53 pm to LSUcam7
quote:
Peso appreciated nearly half a penny to the USD in two years!
It really is amazing how I have to spell things out for you guys like you're 5 years old.
May 2022 - 1 USD = 4,000 cop
May 2023 1 USD = 4,500 cop (was 5,000)
Now, looking at this, do you think my purchasing power has increased or decreased even while accounting for inflation.
Take your time. Use a calculator if needed. You can even phone a friend.
1
Posted on 5/19/23 at 3:01 pm to I Love Bama
COP vs MXN.. got it.
Congrats on maintaining purchase power parity over the past 12mos, I guess.
Congrats on maintaining purchase power parity over the past 12mos, I guess.
Posted on 5/19/23 at 3:02 pm to LSUcam7
quote:
Congrats on maintaining purchase power parity over the past 12mos, I guess.
Thanks I guess.
Posted on 5/19/23 at 4:18 pm to I Love Bama
quote:
Thanks I guess.
Let's all stop with the arguing, and just agree to DTCB
Posted on 5/19/23 at 4:42 pm to Big_Sur
quote:
Let's all stop with the arguing, and just agree to DTCB
If I don't argue online, I'll need a new hobby.
Posted on 5/26/23 at 4:21 pm to I Love Bama
SPY hit 420.69 today 
This post was edited on 5/26/23 at 4:22 pm
Posted on 5/26/23 at 4:26 pm to PetroBabich
quote:What's your point? We can easily agree it was clearly overheated with cheap interest rates then, right?
And it was at 4700 in Dec 2021.
Posted on 5/27/23 at 10:02 am to LSURussian
The market hit a new 2023 closing high for the S&P500 Index yesterday, 5/26/23: 4,205.45 (which was up 54.17 points, or +1.3% from the previous day's closing).
The last time the S&P closed higher than 4,205.45 was on Friday, August 19, 2022 when it closed at 4,228.48.
The next trading day, on Monday, August 22, 2022, the S&P fell over 2%, down to 4,137.99, and it was downhill from there for the rest of 2022 closing as low as 3,577.03 on October, 12. Happy Columbus Day!!
The last time the S&P closed higher than 4,205.45 was on Friday, August 19, 2022 when it closed at 4,228.48.
The next trading day, on Monday, August 22, 2022, the S&P fell over 2%, down to 4,137.99, and it was downhill from there for the rest of 2022 closing as low as 3,577.03 on October, 12. Happy Columbus Day!!
Posted on 6/2/23 at 6:10 pm to LSURussian
BUMP
BULLS RN
BULLS RN
Posted on 6/2/23 at 7:46 pm to LSURussian
quote:
The last time the S&P closed higher than 4,205.45 was on Friday, August 19, 2022 when it closed at 4,228.48.
The next trading day, on Monday, August 22, 2022, the S&P fell over 2%, down to 4,137.99, and it was downhill from there for the rest of 2022 closing as low as 3,577.03 on October, 12.
What an interesting tidbit
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