Ya know, you are an asshat who is clueless about everything.
The dollar index "is a weighted geometric mean of the dollar's value compared only with a "basket" of 6 other major currencies which are: Euro (EUR), 57.6% weight. Japanese yen (JPY) 13.6% weight. Pound sterling (GBP), 11.9% weight. Canadian dollar (CAD), 9.1% weight. Swedish krona (SEK), 4.2% weight. Swiss franc (CHF) 3.6% weight"
Meaning if the other currencies are devaluing with relation to their value against material goods or labor, we can expect to see no change in this index.
However, all these currencies are devaluing, thus the higher costs for materials, services, and stocks.
And thus the higher DJIA.
Now go bother someone who isn't as ignorant as you, tankyuvurramuch.
You once again confirm that you’re not very bright.
Obviously, I know exactly what the US dollar index is, as I said — but you apparently couldn’t be bothered to read:
“But, that’s against other fiat currencies, so how about against gold?”
Lemme know when you come up with another dumb excuse for your economic illiteracy. You haven’t come remotely close to explaining equity prices.