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SP 500 - Is Energy a Big Component?
There's certain sectors that are going to have pricing power. Health care companies, when you get in a check from the government all the time, they can raise prices as much as they want. That happens with tuition as well when you're basically allowing kids to take out $200,000 loans to become first grade teachers. This way they're paying that off when they're 68 years old. The system doesn't care. Politicians don't care. Get them $10,000 to reduce their debt by 5%. Oh my God, now you're going to buy their vote. Hopefully. No coincidence you're doing all this stuff just ahead of the election.