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ACWI - International Equities: Poised For Recovery
iShares MSCI ACWI Index Fund
Summary
The post-global financial crisis dominance of US equities has been completely unprecedented.
Fed Chair Jerome Powell has prioritized inflation containment as the central bank’s top policy priority, and at a November 2022 press conference, indicated that the Fed still has “some ways to go” to fight inflation.
We have long advocated investors use the strong dollar to buy discounted assets abroad.