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.
Technology Stocks Back In the Lead: Are Inflation Fears Behind Us?
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The weaker-than-expected jobs report gave the stock market some direction,
a nice treat before the 150th Kentucky Derby. Job growth slowed, and the
unemplo...
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