ETF Trends
ETF Trends

With the dollar in decline, it could pay to invest in a variety of international and foreign currency exchange traded funds (ETFs). As we mentioned last week, there are several benefits abroad and reasons why the dollar continues to weaken, they include:

  1. The U.S. economy is growing slower than many other countries’ economies (such as South Korea, Brazil, Germany).
  2. U.S. interest rates are at the status quo while other countries’ interest rates are declining, according to Carl Delfeld of ETF EXRAY.
  3. The U.S. housing market is kind of a mess and is not predicted to improve.

Read the disclosure, as Tom Lydon is a board member of Rydex Investments.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.