One news item today is about the US dollar falling against other currencies. Last month the big news was that the Dow Jones Industrial Average was at an all time high. I was curious as to how these two compare to each other, so this morning I went to Yahoo! Finance and looked up the performance of the Euro and the Dow over the last year.
As of today, the Dow is up approximately 12% or so over the last year and the US Dollar is down approximately 12% or so over the last year. The endpoints of the graphs line up almost perfectly. I guess I don’t need to invest in the stock market; apparently getting paid in Euros is good enough.