Justin Lahart
speaker
1,185 appearances
22 recordings
1 series
first heard Jul 2017
last heard Dec 2024
Justin Lahart’s voice in public audio — every appearance, attributed to the second.
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Appearances
We also have the dollar, right?
The dollar, you know, has been a headwind for overseas companies for a long time because the dollar was stronger and getting stronger and stronger versus other currencies, right?
Now that's switched.
Now the dollar is weaker than it was a year ago.
So if you're making money in, you know, in euros or yen or whatever, it's going to be worth more when you translate it back into dollars.
So that's another good thing.
Sure.
So just take a look at what's happened with the dollar.
The dollar has been extremely strong against other currencies, partly because the U.S.
economy is doing better than lots of other economies.
The Federal Reserve was tightening while other countries weren't.
So it made more sense.
People wanted to invest in the U.S., so the dollar goes up.
Right now, that that difference between us and between the United States and other countries, that that gap is narrowing and that's benefiting other currencies against the dollar.
So if I'm a company and I earn money overseas, right, for a long time, it was, you know, it was it was bad.
Right.
The dollar was strong.
So, you know, even if I was doing great.
In overseas currency terms, once I turn that currency into dollars, I had less of it.
And now the reverse is happening.
Showing 1101–1120 of 1,185 · page 56 of 60
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