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No Capitulation Necessary
The Compound and Friends
What's the Biggest Thing About the Dollar?
Mid-autts. said for q4 2022 We're expecting revenue of 7.8 billion dollars with a sequential decline entirely due to the continued strengthening of the us dollar for other currencies. If we're not trading at 20 plus times earnings and we're trading at 15 16 with this as a headwind, where does I get us on the s&p but from evaluation? From an analytical standpoint, you don't get any credit for the dollar.
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