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Developed Nation Equities

June 30, 2008
In this issue of The Week, we discuss the impact of foreign exchange on developed country investing. Our view is that the dollar is deeply undervalued; in fact, it is a level where, in the past, the G-7 moved in concert to boost the greenback. If this is the outcome, we would expect foreign developed equity positions will probably underperform domestic equity positions going forward. More >

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