Can you show your calculations? Looks like up over 50% to me. To get to down 30%, inflation would have to be over 100% over the last 5 years.
You want to revise your claim?
Either way it doesn't matter since valuations are a relative thing. The only thing that matters is how much money you have at the end of the day.
The problem I have is that the so called Wall Street experts and advisors will continue to tell the public to buy and hope, I mean hold.
I'm not sure who your referring to when you say that “most countries we buy from” haven't allowed the dollar to drop. If your suggesting China, then you need to realize that the Chinese Yuan is PEGGED to the US dollar. The Dollar index in the chart above contains our largest trading partners that have a floating currency.
At some point those countries holding US Dollars will find it in their best interest to support the US Dollar or watch their dollar denominated assets lose more and more value.
So, when you do the math, since 2003 (after the bubble) the Dow is actually down over 30% in constant dollars (adjusted for inflation and deflation).
And again, the only thing that really matters is how many dollars you have AND what you can buy with them.
Man! I'm sure happy no DEM (say LBJ or Jimmah Cawta) never gave us anything like that!...LOL....
Can you show your calculations? Looks like up over 50% to me. To get to down 30%, inflation would have to be over 100% over the last 5 years.
You want to revise your claim?