Stocks are priced in dollars, they themselves are not dollars. any inflation, especially hyper-inflation, would be fantastic for stocks in nominal terms.

One thing I've noticed is that the internet, especially Reddit and tiktok, have become hostile to any young person not toeing the party line that they're suffering. Part of it was a collective effort to make the case for student loan forgiveness, but it seems like it's gone further than that now.

I'm not saying that nobody is suffering, just that anecdotes are especially unreliable if there's a game element to it.

Down 0.7 percentage points, or 17%.