Wall Street ends higher following 7 straight weeks of losses

[progree]

10. Yup, I could have said more about retirees, since I've been one for a long time

So I feel their/our pain personally.

Half my regular income is a FIXED DOLLAR annuity, that's lost 8.3% of its purchasing power in the past 12 months, according to the CPI. And it isn't going to "bounce back" and recover any of that loss -- unless we actually have deflation (which would be bad news in other ways). Instead, it is virtually certain to erode further, but hopefully at a slower rate.