A thing is worth how much a buyer willing to pay.

 Adam Smith coin the adage, "A thing is worth how much a buyer willing to pay."

Based on the premise, lets us see all the asset class that we posses and the valuation of those asset. 

Say, we are an investor. Our nominator is stock and our denominator is ringgit. If stock drop, ringgit will go up. 

If ringgit go down, foreign currency, gold, silver and crypto respectively will go up.

If foreign currency will go down, US dollar will go up.

If US dollar go up, then recession will set in and Quantitative Easing will happen when there is recession. 

With Quantitative Easing, US dollar and interest rates will drop, this will spur the growth cycle and more commerce and trading activity will be in demand. 

With demand, people will be richer and they buy more goods, more stock and inflationary goods such as Gold, Silver, house, automobile and antique will be more in demand. 

Then the cycle of stock-ringgit-foreign currency-USD-inflationary goods will repeat itself. 

Moral of the story: Those who can predict the trend of the market win. 

The more we delve into the past the more we can see the future.

Bless 2023,

Dr. Lion