Double hit on upcoming EURO investements.
A short comparison of the SP500 Index with the SP500 ETF traded in EUR.
Due to the weakness of the EUR, the ability to profit from lower SP500 prices is substantially reduced.
Inflation and weakness of the EUR is killing the cash deposits in the Euro Zone.
You can thank the ECB.
Due to the weakness of the EUR, the ability to profit from lower SP500 prices is substantially reduced.
Inflation and weakness of the EUR is killing the cash deposits in the Euro Zone.
You can thank the ECB.
Kommentar:
Unbelievable inability of the ECB to control its own currency.