How much longer will this bear market go on for?

sevenhills

InvesterJones said:

Type_45 said:

And it's 20%+ in reality.

Which measure gives that?

CPI is 10.1%

CPIH is 8.8%
RPI is 12.3%

Or are you talking about your personal inflation rate (such as one you can calculate at BBC: https://bbc.in/3dBDywv)

It's quite easy to get to 20% if you put a 0 on your fuel costs.
That did it for me, as I don't commute 

Type_45

90,000 people die each year in the UK due to poverty.

https://www.lboro.ac.uk/news-events/news/2022/may/90,000-british-people-die-each-year-in-poverty/ 

What do you think that figure will be when gas bills went up by 50% in January, 77% in October and a further similar rise next January?

Prism

sevenhills said:

InvesterJones said:

Type_45 said:

And it's 20%+ in reality.

Which measure gives that?

CPI is 10.1%

CPIH is 8.8%
RPI is 12.3%

Or are you talking about your personal inflation rate (such as one you can calculate at BBC: https://bbc.in/3dBDywv)

It's quite easy to get to 20% if you put a 0 on your fuel costs.
That did it for me, as I don't commute 

Less than 8% for me. Housing costs have not risen that much - excluding bills.

InvesterJones

Type_45 said:

90,000 people die each year in the UK due to poverty.

https://www.lboro.ac.uk/news-events/news/2022/may/90,000-british-people-die-each-year-in-poverty/ 

You've fundamentally misunderstood the research. 90,000 die in poverty, not due to poverty.

In particular it is looking at the costs of living with a terminal illness, and how this is driving people (who then die of that terminal illness) into poverty.

Swipe

Type_45 said:

90,000 people die each year in the UK due to poverty.

https://www.lboro.ac.uk/news-events/news/2022/may/90,000-british-people-die-each-year-in-poverty/ 

What do you think that figure will be when gas bills went up by 50% in January, 77% in October and a further similar rise next January?

And here you are praying for things to get a whole lot worse

sevenhills

Type_45 said:

And it's 20%+ in reality.

They have just reported on radio four, the Today program, a basket of goods bought in Aldi increased by 7% between July and August.

Type_45

sevenhills said:

Type_45 said:

And it's 20%+ in reality.

They have just reported on radio four, the Today program, a basket of goods bought in Aldi increased by 7% between July and August.

It's horrendous. Some people cannot afford that. Thank you for raising it.

Beddie

I've been investing for many years but still feel like I understand very little! Look at the state of the world economy, yet the stock markets seem to be heading upwards. Is this just the usual summer lull, with all the doom and gloom set to hit markets in September and October? I know no one has a crystal ball, but it seems inevitable to me this will happen, as interest rate rises, inflation and recession take hold. Thoughts?

Swipe

Beddie said:

Thoughts?

Just keep buying at regular intervals whenever you have the money and pay no attention to the ups and downs

AlanP_2

Beddie said:

I've been investing for many years but still feel like I understand very little! Look at the state of the world economy, yet the stock markets seem to be heading upwards. Is this just the usual summer lull, with all the doom and gloom set to hit markets in September and October? I know no one has a crystal ball, but it seems inevitable to me this will happen, as interest rate rises, inflation and recession take hold. Thoughts?

Stock markets are looking ahead until 2023 and later. What they think will be the economic situation this Autumn has already been factored in a few months ago.

There is also a disconnect between markets and the lived economy. High fuel / utility bills are good for the providers, look at Aramco's recent results.