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Google Earnings and Bilt Rewards

Bloomberg Tech

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Is the Dollar a Headwind to Small Cap Companies?

A strong dollar in general, as we know, is a headwind not only to trade, but it's a headwind to those large cap corporations that have a lot of international revenue. A strong dollar is actually very good for smaller cap companies because they get a majority of their revenue from inside US borders. The fact that the dollar is still pretty strong here, I think means that the Fed continues to hike and they right now don't have a ton of reason not to.

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