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RE: A correlation chart suggests Dow to crash 90% to a value close to 2000

in #money7 years ago

It's possible. But one difference nowadays is that most of the $$ earned by companies on the Dow Jones and S&P 500 make their money outside of the U.S.A, so they take advantage of global growth.

This actually might help these companies if the dollar drops in value heavily in the next several years or so (they receive most of their earnings directly in foreign currency).

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There isn't a single country without a bubble. This is a global bubble.
Australia - Housing Bubble
China - Housing Bubble
Canada - Housing Bubble.
UK - Housing Bubble
US - Housing, Auto
India - Housing Bubble
Germany, Japan, US - Bad demo graphics.