When Americans buy a $SPY we receive the return of SPY and its prepackaged in USD. But SPY is not the only equity market in the world (albeit a great one for decades) We could also buy an index fund of Japanese stocks like the MSCI Japan Index.

Original source ↗ | February 14, 2026 at 13:38 UTC | Twitter - @dampedspring

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Ticker	Direction	Speaker	Thesis	Time
SPY	NEUTRAL	@dampedspring	The tweet discusses the	—