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S&P 500 has been falling, but for Euro and GBP investors, it hasn’t been quite so bad
  • S&P 500 fell 19.4% in 2022, but with dollar appreciation, foreign investors were not as badly off
  • EUR and GBP investors especially enjoyed protection from worse losses
  • Dollar weakened in Q4, however, and 2022 was still the worst year for all investors since 2008
March 24, 2023

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