The S&P 500 priced in dollars @Boz?
This is why I say ignore PE and all that cause we are gonna launch assets further if you measure in dollars - deficit spending and monetary easing are what’s growing actually
Measure the market in something of value like gold as a thought experiment. I’m fucking around here but it’s a concept worth internalizing. Things that make you go hmmm
A house built in 1984 is not intrinsically more valuable now - it is worth more only if measured in dollars
Footnote
Credit EoT ™
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