The latest data from The Economist’s Big Mac Index shows that the Euro is still overvalued compared to the dollar, however, calls for parity may be a bit aggressive:
Source: Economist
About Post Author
Cullen Roche
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.