Plunging dollar erodes non-US investors' returns
Read the full article: http://www.investmentpostcards.com/2008/03/07/picture-du-jou...
With the US dollar falling down a precipice, spare a thought for non-US investors invested in US stocks and bonds. This post highlights some interesting graphs, comparing US dollar and euro returns.
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What do you think the effect
What do you think the effect is going to be on the US markets? Clearly the non-US investors have taken a beating in the market. Do you see a mass exodus of foreign funds, or new money coming in as their buying power increases?