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View Full Version : Europe Stocks Cheapest to U.S. Since '04 as Net Rises Amid Recession Worry - Bloomber



NewsWhore
01-23-2012, 03:00 AM
Europe Stocks Cheapest to U.S. Since '04 as Net Rises Amid Recession Worry (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH1ygVESEUgCjRk4zq-fjWV32hyzQ&url=http://www.bloomberg.com/news/2012-01-23/europe-stocks-cheapest-to-u-s-since-04-as-net-rises-amid-recession-worry.html)
Bloomberg
The S&P 500 was little changed last year as the European currency declined 3.2 percent, and the so-called 30-day correlation coefficient between them reached a record 0.91 in November. Since Nov. 30, the euro has dropped 4 percent against the greenback ...

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