
What the Dollar’s Rise Means for Earnings, and Why One Trader Went Short on Twitter 7/11/22
CNBC's "Fast Money"
00:00
The Runaway Dollar Is Not Just a Runaway, Right?
The story about the runaway dollar is really the story of the e c b losing control of its currency. The more they hike, the worse their economy gets. And that's what's not priced into the market right now. So for outlooks going into ce three, i think that's where the risk is,. In companies are going to be conservative - and that's wherethe danger is.
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