birdwatcher (birdwatcher) wrote,
birdwatcher
birdwatcher

  • Mood:

Исчезающее

philg: If my foreign market exposure was about 30 percent ten years ago, it is now closer to 60 percent, despite the fact that I haven’t made any trades. Simply as a consequence of the poor performance of U.S. equities and the U.S. dollar, only those folks who’ve been conscientious about portfolio rebalancing are still primarily investors in the U.S. economy. So it would be nice if the U.S. economy grew fast enough to create some jobs for the unemployed, but really our main financial interest is in the growth of other economies.
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