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The US dollar is on track for its worst year in modern history

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124 points harambae | 3 comments | 04 Jul 25 06:47 UTC | HN request time: 0.694s | source
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snovv_crash ◴[04 Jul 25 07:31 UTC] No.44462062[source]▶
From outside the US, all the 'stock market gains' have actually been zero or negative because of this. I wonder how long before inflation hits...
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1. mrweasel ◴[04 Jul 25 07:34 UTC] No.44462077[source]▶
Because stock market gains can't keep up with the lose of the dollars value? Assuming that you bought your stocks using Euros or some other currency?
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2. rsynnott ◴[04 Jul 25 07:41 UTC] No.44462127[source]▶
Yeah, that's what they mean. Here's a euro-denominated S&P500 ETF: https://finance.yahoo.com/quote/CSPX.AS/

and a USD denominated one: https://finance.yahoo.com/quote/SPY/

Have a look at the 1 year view. Note the fairly dramatic difference.

replies(1): >>44462270 #
3. CalRobert ◴[04 Jul 25 08:03 UTC] No.44462270[source]▶
If only it were easier to buy etfs that aren’t PFIC’s