Very interesting piece and one many investors face. I have two follow up questions for you.
1) Did you look at trying to isolate the impact of FX in this analysis? I would be interested to understand how much is that versus premiums embedded in domestic versus international equities.
2) How do you think this analysis would look for a country who's FX is viewed as "counter cyclical"?
Hi Fabricio,
Very interesting piece and one many investors face. I have two follow up questions for you.
1) Did you look at trying to isolate the impact of FX in this analysis? I would be interested to understand how much is that versus premiums embedded in domestic versus international equities.
2) How do you think this analysis would look for a country who's FX is viewed as "counter cyclical"?
Many thanks!