human1234 Posted April 17 Report Posted April 17 Is the market more ** than it seems? As it has been wildly reported, the US dollar is down 10% YTD, which means that stocks themselves are even less valuable. To help visualize it, look at this table: |Index|1/2/2025|4/16/2025|Change| |:-|:-|:-|:-| |**S&P 500**|$5,868.55|$5,275.7|\-10.10%| |**Dow Jones**|$42,392.27|$39,669.39|\-6.42%| |**Nasdaq**|$19,280.79|$16,307.16|\-15.42%| It looks bad, but if we look at it in Euros: |Index|1/2/2025|4/16/2025|Change| |:-|:-|:-|:-| |**S&P 500**|€5,692.49|€4,642.62|\-18.44%| |**Dow Jones**|€41,120.50|€34,909.06|\-15.11%| |**Nasdaq**|€18,702.37|€14,350.30|\-23.27%| It is worse if we look at in gold, a common destination for one fleeing the dollar: |Index|1/2/2025 (oz)|4/16/2025 (oz)|Change| |:-|:-|:-|:-| |**S&P 500**|2.209|1.573|\-28.77%| |**Dow Jones**|15.954|11.829|\-25.85%| |**Nasdaq**|7.256|4.862|\-32.98%| So what this mean? I have no idea. I am not a Forex trader, but this isn't a great image for the stability of the US Economy. https://www.reddit.com/r/wallstreetbets/s/EvuVOgXdMq Quote
pakeer_saab Posted April 17 Report Posted April 17 4 minutes ago, human1234 said: Is the market more ** than it seems? As it has been wildly reported, the US dollar is down 10% YTD, which means that stocks themselves are even less valuable. To help visualize it, look at this table: |Index|1/2/2025|4/16/2025|Change| |:-|:-|:-|:-| |**S&P 500**|$5,868.55|$5,275.7|\-10.10%| |**Dow Jones**|$42,392.27|$39,669.39|\-6.42%| |**Nasdaq**|$19,280.79|$16,307.16|\-15.42%| It looks bad, but if we look at it in Euros: |Index|1/2/2025|4/16/2025|Change| |:-|:-|:-|:-| |**S&P 500**|€5,692.49|€4,642.62|\-18.44%| |**Dow Jones**|€41,120.50|€34,909.06|\-15.11%| |**Nasdaq**|€18,702.37|€14,350.30|\-23.27%| It is worse if we look at in gold, a common destination for one fleeing the dollar: |Index|1/2/2025 (oz)|4/16/2025 (oz)|Change| |:-|:-|:-|:-| |**S&P 500**|2.209|1.573|\-28.77%| |**Dow Jones**|15.954|11.829|\-25.85%| |**Nasdaq**|7.256|4.862|\-32.98%| So what this mean? I have no idea. I am not a Forex trader, but this isn't a great image for the stability of the US Economy. https://www.reddit.com/r/wallstreetbets/s/EvuVOgXdMq FAFO moment Quote
Assam_Bhayya Posted April 17 Report Posted April 17 35 minutes ago, human1234 said: the US dollar is down 10% YTD, Quote
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