i knew i shouldn’t have said “normal”. rather, sustainable.
i dont agree with your comment that banks/institutions wont let the market crumble. the markets slid a long way from 2000 to around 2003; something like 30% drop. the way the market is moving now, especially with all the evil shadows lurking, seems totally illogical. as if another bubble is blowing.
dollar value… if i have a ton of aussie dollars and i want to invest, would it be smart to buy dollar denominated stocks? is there such a thing as currency denomination in stock markets? some one some where noted zimbabwe’s massive stock run due to their currency devaluation…
how about if the trillions of bad mortgage loans which ultimately did end up in someone’s pocket is now being invested in stocks since RE flipping is over?
and, the slide in the markets from 2000 coincides with the run up in gold… there’s a hell of alot of money flowing everywhere…
