BIG MAC INDEX: THE EURO IS STILL OVERVALUED

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

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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.

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