Inflation has not started to bite. Inflation reported today shows September inflation was not much different that the last six months. It’s not pointing to the Federal Reserve’s target of 2%, but we can’t conclude that it’s increasing.
The stock market hit a peak this week. At the end of September, our portfolio is ~19% greater in real spending power than it was more than ten years ago despite our withdrawals for spending that have added up to more than 60% of our