Think US Investors Have It Bad ?
July 4th, 2008 by Buck Woodford
If you’re a European investor who’s owned the Dow Jones Industrial Average since 2001, you’ve taken a much bigger beating than us dollar-denominated locals. The greenback’s plunge is of course the culprit.
The “Euro-Dow” sits at the equivalent of only 7200 — versus the true 11,300 close on Friday.
Thanks to Alea Blog for this startling chart.
