2min chapter

Animal Spirits Podcast cover image

The 3 Levels of Wealth (EP.302)

Animal Spirits Podcast

CHAPTER

The Dollar and Corporate Profit Margins

As US dollar has moved lower from its peak, the performance for companies with higher percentage of domestic sales has lagged. When the dollar is weaker, international sales do better. Maybe that's one of the reasons why some of these Nike cap tech stocks have done better because they have more overseas. I think tech is the highest percentage of overseas sales.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode