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How can gold and stock prices be at record high at the same time?
by ramboldio 3y ago
How can gold and stock prices be at record high at the same time?
- graton 3y agoStock prices are not at record high though. About two years ago the S&P 500 was at $4,766.18 while today it is around $4,568.
- latchkey 3y ago4.16% difference?
- factorialboy 3y agoIt's not that hard. We printed dollars in record numbers (bipartisan - both Trump and Biden). Of course assets will pop in dollar-terms. Fed's interest rate controls are bound to ease up, as the US economy is _addicted_ to getting injected with printed fiat currency.
- TheRealPomax 3y agoNote that "stock prices" don't exist as a generalized statement. Individual stocks exist, and some of those may be at a record high, but most stocks aren't. Are you thinking of "these are the highest value companies we could aggregate" index funds, like the S&P 500 or the like? As for the answer: because any unregulated commodity market will see that commodity priced based on demand, and demand creates demand.