Check out a comparison of Germany's DAX Index to the S&P 500 Index. Notice that in local currency, the DAX has performed almost exactly the same as the S&P 500, the price ratio of the two has been quite steady. However, the Germany ETF (EWG) has badly lagged the S&P 500 ETF (SPY). The last chart is the euro ETF (FXE), the pattern of which shows from whence the weakness in EWG comes.
GOOG/GOOGL: Blowout Quarter, MSFT: Excellent Quarter As Well
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Google (GOOG/GOOGL) just reported a blowout quarter after the market close
Thursday. Revenue was +15%, Operating Margin surged to 31.6% from 25.0% a
year a...
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