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Unusual Whales Pod #11: 2.6% GDP, the American economy at large, and risks in the Treasury market

Unusual Whales

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The Dollar Is a Hedging Wrecking Ball

multinational companies typically see a 50 basis point hit for every 1% move in the DXY. our export economy is not particularly sensitive to the dollar because global exports are buying large price than dollars. The domestic services economy and the price wage price loop will determine whether or not the Fed continues its current path of policy. Ben, you've said that the hedging wrecking ball US dollar makes it cost prohibitive even for price insensitive overseas buyers does a strong dollar not necessarily matter as it is just a full slowing of borrowing? Bob says should people not be performing technical analysis on DXY partial joke there of course.

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