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FYI: AT first glance, the case for investing in Europe isn’t all that compelling. After suffering through the longest recession in a generation, Europe’s economy is barely treading water. Growth is so sluggish there, in fact, that the European Central Bank has resorted to imposing negative interest rates on certain bank deposits in the hope of spurring business activity. Regards, Ted http://www.nytimes.com/2014/07/13/business/mutfund/why-europe-may-gain-the-edge-for-investors.html?_r=0
...I should feel good, then. PRESX is 15% of my portf. (?) The French billboard and media company mentioned in the article is indeed in the fund.....At a P/E of over 60!
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