The Capitalist Investor

Strong Dollar & What It Means For You, Ep. #135

July 14, 2022 Mark Tepper
The Capitalist Investor
Strong Dollar & What It Means For You, Ep. #135
Show Notes

While we may be experiencing some tough times here in the states, the European economy is taking some harder hits. For the first time since 2002, the value of the euro is about equal to the U.S. dollar again – a sign of a shrinking European economy and a surging American dollar. 

This week, Derek and Tony discuss some of the good news going around: a strong U.S. dollar, cheaper imports, and a much needed decrease in gas prices. But with good news follows some bad news. In this week’s episode of “The Capitalist Investor,” the narrative changes – it’s no longer about a looming recession, but coming to terms with the fact that it’s now here. Just how long and deep will it last though?  

Outline of This Episode: 

●  [1:25] Strong U.S. dollar vs. strong U.S. economy 

●  [5:50] Gas prices are finally dropping… BUT 

●  [9:35] People’s spending is corroding  

●  [12:10] Some lighter news: our British Open favorites