Well it's an all time high in EUR as well for instance. I haven't checked for CHF or other currency one may cherry-pick, but in any case it wouldn't change my point: even if it was slightly below an all time high, it's not currently crashing.

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vdupras a day ago | parent [-]

I'm not the one who made the "it's crashing now" claim and I do agree that from a certain point of view, it might be seen as a stretch.

However, what I'm claiming is that "all time high" is also quite a stretch. Pretty much all nations have been printing money pretty intensely, so fiat is not a solid anchor to derive "actual value", but CHF might be among those that are less printed, so I chose it.

Even if we chose EUR, EURUSD wins YoY over S&P 500, hence, "stocks are flat". Sure, in the case of EUR, optics are fuzzier and you might pick a point or index showing a small increase over EURUSD, but I don't think it's strong enough to beat the general point, especially if your counter point is "stocks are at an all time high".

	▲	qnpnpmqppnp 18 hours ago \| parent [-]
		My counter point is "stocks are not crashing". It being an all time high was just to highlight how much "not-crashing" they are, but that doesn't really matter. Even if stocks were merely flat over the past year (or even somewhat down), the general point would still be the lack of a stock market crash.