The Dow in Euros
For amusement, I made a graph of the last ten
years of the Dow, as measured in Euros instead of
dollars.
As
you can see, instead of being at an all-time high, we're actually about 25%
lower than six years
ago.Inflation-adjusting the dow gives
a similar
graph:
Of
course, these charts say nothing about the future. Seems to me the dollar is
still overvalued. I'm ashamed that all my money is invested in dollars. Some
day the Chinese are going to tire of hoarding them.
Filed Wed - November 15, 2006, 08:48 AM in
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