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You clearly believe the dollar is worth less, and is likely to be devalued further, but aren’t willing to tie that to the higher stock market prices?
by thrav 6y ago
You clearly believe the dollar is worth less, and is likely to be devalued further, but aren’t willing to tie that to the higher stock market prices?
- jonwalch 6y agoThere are many factors that go into stock market prices besides the strength of the dollar. With interest rates this low, there's hardly anywhere else to invest one's money.
- krupan 6y agoWith inflation, the price of everything goes up, from candy bars to stocks.
- solatic 6y agoCorrelation does not imply causation. True economic strength would result in both higher stock prices (reflecting stronger companies) and a stronger dollar (reflecting increased demand for those companies' goods and services). One needs to take the stock market prices in the context of the actions of the Federal Reserve and despite the weakness of the economy.