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The 3 Levels of Wealth (EP.302)

Animal Spirits Podcast

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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.

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