Hi Biggle’s and all.
I’m not so sure the DOW or other markets are disconnected from the dollar.
Let’s talk about a stock you claim to hold CBA I assume you bought it with dollar notes say you handed over 90 of them back whenever and if you wanted to sell them today you would only get 74 of them back. Where is the disconnect between the stock market and paper money?
https://www.commbank.com.au/about-us/shareholders/managing-your-shares/share-price-graph.html
I said the other day property has been a terrific tool since 1970 for increasing peoples belief that they were growing wealthy and it will do so once again at some point in the future but for now it’s clagged with a big over supply and lack of willing buyers.
I see NZ rents are also dropping due to an oversupply don’t you read the papers?
Cheers and very best regards: Andy