Anyone who is comparing their "wealth" from today to 6 months ago and whining about it needs to go back the the chart and see what's happened since Obama took office and shut up. The entire last 13-14 years has been straight up.
"wealth" was parenthetical for a reason. There are many folks out there who arent sitting on $1,000,000 in retirement funds, yet are reliant on them.
Pretty crass comment for many who, like my mom, didnt have ANY opportunity to start an IRA until her 50s and managed to build a small nest egg.
Those folks are getting hit hard and may be on the cusp of retirement or just recently retired.
That was who that was about. This aint about OBAMA or TRUMP or none of that. This is simply about the current market conditions as it relates to inflationary pressures.
No one is whining and no one give a $#$% about the last 13 years. My comment was it has to be a shock for them.