Good recap. Atlanta Fed bounce back over 3.5% GDP growth in line with some other indicators. ARK’s @trueinflation drops to 1.9% - under Fed’s silly 2% mental-not dual mandate line.
Does a lower dollar make US exports cheaper? Does this help tech stocks with the highest level of foreign exposure. If so, might we see more disparity between the market and large cap tech? I came across this ETF which I will start watching. SPXT. Thanks.
Yes the weaker dollar does help US exports all else equal. There's also a positive translation impact on foreign earnings, where intl sales/earnings are worth more in dollar terms. The latter should be a benefit to the tech sector, which in general is among sectors w/ the highest foreign sales exposure. But this also ignores the impact of tariffs...
Good recap. Atlanta Fed bounce back over 3.5% GDP growth in line with some other indicators. ARK’s @trueinflation drops to 1.9% - under Fed’s silly 2% mental-not dual mandate line.
https://truflation.com/marketplace/us-inflation-rate
Does a lower dollar make US exports cheaper? Does this help tech stocks with the highest level of foreign exposure. If so, might we see more disparity between the market and large cap tech? I came across this ETF which I will start watching. SPXT. Thanks.
Yes the weaker dollar does help US exports all else equal. There's also a positive translation impact on foreign earnings, where intl sales/earnings are worth more in dollar terms. The latter should be a benefit to the tech sector, which in general is among sectors w/ the highest foreign sales exposure. But this also ignores the impact of tariffs...