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I'm not sure what the real disadvantage is though. Like, as a British person I can easily buy shares in companies listed in the US. If a British company IPOs on
by dukeyukey 2y ago
I'm not sure what the real disadvantage is though. Like, as a British person I can easily buy shares in companies listed in the US. If a British company IPOs on the NYSE but keeps it's HQ and most employees in the UK, does that actually say anything about the UK economy, or just a bit about the LSE specifically and maybe some corporate law details?
- rchaud 2y agoThe stock would be denominated in another currency, and the amount of your capital gains would be affected by forex rates.
- dukeyukey 2y agoDefinitely important, but it's more a consequence rather than an economic indicator.
- t0mas88 2y agoForex would have very little impact. If company earnings are in GBP and that increases relative to USD, the stock price would also increase (in USD) which should lead to roughly the same GBP returns either way.