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Halls of Shrewd'm / US Policy
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Author: Said   😊 😞
Number: of 48466 
Subject: From a foreign (non US) perspective
Date: 07/12/2023 11:40 AM
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It could be so nice: Berkshire did rise 30% since the September low. The S&P did rise 20%. But what - as always in such a case - did the Euro do? Falling 12% since.

At least better than in previous years where my Excel sheets often showed in one column that my US portfolio in $ rose 10% while another column showed a nearly unchanged EUR value.
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Author: AdrianC 🐝  😊 😞
Number: of 48466 
Subject: Re: From a foreign (non US) perspective
Date: 07/12/2023 12:11 PM
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I'm likin' this...getting GBP, spending in USD.

GBP to USD
Low 1.08 last September
Now 1.30
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Author: wopger   😊 😞
Number: of 48466 
Subject: Re: From a foreign (non US) perspective
Date: 07/12/2023 1:41 PM
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It could be so nice: Berkshire did rise 30% since the September low. The S&P did rise 20%. But what - as always in such a case - did the Euro do? Falling 12% since.

Well - it's been the other way around: the euro has risen over that time, and therefore the dollar-denominated assets - measured in euros - have fallen relatively to that.
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