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When in Doubt, Zoom Out

The Compound and Friends

CHAPTER

The Dollar's False Breakdown

Dollar is strong if interest rates arrive because money is going into a safe haven. But when companies... It works. Companies like Beat Their Earnings by 16 cents, large multinational companies that are doing half their revenue overseas. So it's actually a double bonus. In this environment, if the dollar index is above 101 and a half, I think that puts pressure on stocks.

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