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You can use non-USD currencies to judge how the US stock market has fared to avoid the issues with currency health. You may argue that dollar-denominated return
by rsanek 9mo ago
You can use non-USD currencies to judge how the US stock market has fared to avoid the issues with currency health. You may argue that dollar-denominated returns aren't real, but SPY isn't down even when denominated in EUR https://ycharts.com/indices/%5ESPXEUR https://ycharts.com/indices/%5ESPXEUR
>median wealth (currently below 2007 levels in the USA)
This is outdated -- it surpassed 2007 levels in 2022. https://www.federalreserve.gov/econres/scf/dataviz/scf/table/#series:Net_Worth;demographic:all;population:all;units:median https://www.federalreserve.gov/econres/scf/dataviz/scf/table...
- hypeatei 9mo ago> SPY isn't down even when denominated in EUR *SPX and no, it's down 2% when denominated in Euros while up 15% when denominated in dollars. I wouldn't say the USD has fared well so far.