Investing General Discussion

Sanrith Descartes

Sanrith Descartes

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If GS is to be believed, it looks like Chyna is taking it up the ass with the trade war. Their easing levels are approaching Covid 2020 levels already. This is a war they cannot win so I expect them to be putting the full court press on against Trump via the bought and paid for political puppets they have here in the US.

 
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Lambourne

Lambourne

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Lambourne said:
Euro has weakened substantially vs the dollar in the last few months, which means free gains if you hold US stocks in Europe (thanks orange man) but it if you're American it might be a good time to buy any Euro stocks you're interested in. Moving average of the currency pair is around 1.082

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Quoting my post from December here, EUR/USD is now at 1.15 so you'd have 9% gain if you were American and bought a Euro stock that was otherwise flat.

It's one of the reasons Euro stocks have done very well YTD for US based accounts. Said it before but I think the perception is that Trump is intent on weakening the dollar since it helps his trade war, which means as an investor you want out of anything dollar denominated and into something that's not (gold, EUR/GBP/JPY stocks etc).


 
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Foler

Asshat Foler

CEO of “Kenya” brands incl “Jusbeh Kew” subsidiary
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Lambourne said:
Quoting my post from December here, EUR/USD is now at 1.15 so you'd have 9% gain if you were American and bought a Euro stock that was otherwise flat.

It's one of the reasons Euro stocks have done very well YTD for US based accounts. Said it before but I think the perception is that Trump is intent on weakening the dollar since it helps his trade war, which means as an investor you want out of anything dollar denominated and into something that's not (gold, EUR/GBP/JPY stocks etc).


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What the heck is going on in Poland? I look at IXUS and the return is still meh. This seems to be country specific.
 
Rangoth

Rangoth

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Foler said:
What the heck is going on in Poland? I look at IXUS and the return is still meh. This seems to be country specific.
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They didnt take in any immigrants and they are focusing on their country and eliminating corruption. I know, I know...this isn't the politics thread, but it probably is a factor.

huge + on the start today, what random announcement will kill it all?
 
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