Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Thursday, August 6, 2009
EWZ Vastly Outperforming SPX: +72% vs +10%
Proof of concept re. the crash of the USD vs Brazilian real, the chart below shows the comparison between EWZ (Brazil fund) and the SPX year-to-date:
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