Declining dollar gives overseas investors opportunity to buy US stocks at bargain rates, write Michael Tsang and Adria Cimino.Investors outside the US are purchasing companies in the Standard & Poor's 500 Index at the cheapest valuations on record, their buying power boosted by a seven-month decline in the dollar. The S&P 500 is priced at 19.9 times earnings, the biggest discount to the MSCI World Index of 23 developed countries since May 2003, according to monthly data compiled by Bloomberg.
Declining dollar gives overseas investors opportunity to buy US stocks at bargain rates, write Michael Tsang and Adria Cimino.Investors outside the US are purchasing companies in the Standard & Poor's 500 Index at the cheapest valuations on record, their buying power boosted by a seven-month decline in the dollar. The S&P 500 is priced at 19.9 times earnings, the biggest discount to the MSCI World Index of 23 developed countries since May 2003, according to monthly data compiled by Bloomberg. click-bank











