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> in dollar terms, the S&P 500 and the Nasdaq 100 are both still traded higher than a year ago. The key here is "in dollar terms". EURxUSD is up 10% year to da
by Galanwe 1y ago
> in dollar terms, the S&P 500 and the Nasdaq 100 are both still traded higher than a year ago.
The key here is "in dollar terms". EURxUSD is up 10% year to date.
If you were a European investor buying the SP500, you would have lost 10% more on FX rate on top of your SP500 loss.