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 Dollar Conversation Is More Than Just a Currency Translation of Earnings
Dollars up 16 % this year, effectively, against major currencies. That's an 8% head wind for earnings groth. And then you just start to ask yourself, what's the right multiple in this environment? I hate twos tens now being more inverted than it was last week. This dollar conversation is more than just a currency translation of earnings. This tis dollar translation is a story of global peril.
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