It is really weird that the Dow Jones of the US stock exchange in New York has reached an all time, reaching levels not seen since before the 2008 sub-prime crash, and this despite the fact that many companies are reluctant to recruit new staff and wages are being cut and the US being in a depression since 2008.
The high values on the US stock market is a reflection that the value of money, the purchasing power of money, is falling as a result of the money printing and QE of the Federal Reserve which is debasing the value of the Dollar.
Some people are viewing shares as a safe haven from the World’s economic problems but it is all being fueled on an inflationary basis by the Federal Reserve’s policy of low interest rates and Quantitative Easing. The reality is that high share prices do not reflect the true state of the US economy which has been in a depression since 2008 and will continue to get worse and share prices is in a speculative bubble that is bound to burst when reality sinks in.