What a strong dollar actually means for the US economy
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Show notes
In this episode of Stocks in Translation, Peter Borish, Computer Trading Corporation Chairman and CEO, joins Markets and Data Editor Jared Blikre and Producer Sydnee Fried to discuss the dollar's strength.
Blikre explains that a “strong dollar” refers to a “US dollar with high purchasing power appreciating against other currencies, which generally benefits imports but generally hurts exports.”
While many in the economic sector favor a strong dollar, it comes with drawbacks.
Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/
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Yahoo Finance's Stocks in Translation is hosted by Jared Blikre and Sydnee Fried, and produced by John Tejada.
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