2 ms·
To consider the flip side of a coin. This is the continued devaluation of monetary instruments. You can look at as the s&p500 rose by 29%. Or you can look at i
by maerF0x0 7y ago
To consider the flip side of a coin. This is the continued devaluation of monetary instruments.
You can look at as the s&p500 rose by 29%. Or you can look at it as "The USD" buys 23% fewer shares than last year. (ideally this would be adjusted for profit growth and inflation too)
IMO this is totally expected given negative interest rates and QE.