we provide stock market returns in both local and dollar-denominated terms. Which of these is more relevant?
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U.S. - Spain South Korea Singapore Russia Mexico Japan Italy India Hong Kong Germany France China Canada Britain Brazil -30.0% -20.0% -10.0% Return (in U.S. $) 0.0% 10.0% Return (in Local Currencies) 20.0% U.S. - Spain South Korea Singapore Russia Mexico Japan Italy India Hong Kong Germany France China Canada Britain Brazil -30.0% -20.0% -10.0% Return (in U.S. $) 0.0% 10.0% Return (in Local Currencies) 20.0%
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When considering the relevance of stock market returns in local and dollardenominated terms it depends on the perspective of the investor and their sp... View the full answer
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