Friday, October 5, 2007

What you win on the roundabout, you lose on the swing!!

The DOW at 14,000. 7 years on from the dotcom crash, long term eurozone investors in the USA, might well be disappointed. Since the Euro hit an all time low on 25/10/00, subsequent US Dollar weakness has really eroded the currency adjusted return of eurozone investors.
The Nasdaq has fared much worse, with a net return of -86.41% adjusted for the currency loss.

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