Why the Dollar’s Comeback Could Be Bad News for the Stock Market
September 27, 2023
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3:21Now PlayingWhy the Dollar’s Comeback Could Be Bad News for the Stock Market
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as posted by the channelA stronger U.S. dollar makes it cheaper for Americans to travel, but it also hurts multinational companies that make up a large portion of the S&P 500. After weakening earlier this year, the dollar is pushing higher and could be headed back towards the 20-year high it touched in 2022. This could be bad news for the stock market.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Dollar #Markets #DionRabouin
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