Sean Stannard Stockton - Managing In a Volatile Environment
The Business Brew
00:00
Is the Market Signalling That We're Dealing With Long Term Assets?
The us. Dollar is up ten % year to date, tat's right. Tast aset that dramatically reduces the value of foreign revenue to a us. Domicile company. If you think it's going to continue, you're just making a currency call. The dollar's going to keep appreciating. But we don't believe we have the ability to forecast currency exchange rates. And the evidence shows that very few people are any good at that at all. We also know that there has been shut downs and then rapid reopenings in china before. So you can't just throw out an important macro event that may continue.
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