Thursday, April 3, 2008

What you win on the roundabout, you lose on the swing!! :Part 2

This is a follow up to my post on Friday October 5, 2007 ; which incidently also happened to be my first post.

The Currency adjusted return on US Equities is just terrible.
Long term Eurozone investors are major losers as a result.
The US is now in a recession, and conditions could get a lot worse.

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