Question

What follows is a hypothetical conversation between two fictional investment professionals, US-based Bob Smith and his colleague Sandra Mueller, who works in Frankfurt. Their topic: international equity investing and diversification….

The euro’s value relative to the US dollar (EUR/USD) recently dipped below parity for the first time since 2002. So precipitous and rapid has been the decline in EUR/USD over the…

Franklin J. Parker, CFA, is the author of Goals-Based Portfolio Theory, published by Wiley. Last summer, I was having lunch on the shores of Lake Maggiore in Italy with a few other…