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Weak dollar and foreign ETF's


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#1 gorydog

gorydog

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Posted 19 September 2007 - 07:10 AM

Assume the rate cuts spur the economy, the dollar breaks below the support levels currently being tested, and we start to inflate also. Suppose over the next year US inflation is 5% and the dollar loses 5%. How much would a forieign ETF need to appreciate in local currency to make it more profitable than the SPX? GD