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
Weak dollar and foreign ETF's
Started by
gorydog
, Sep 19 2007 07:10 AM
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