1 Aug 2022

Patriots for a Weaker Dollar

I sometimes include changes in the dollar in the market summary that precedes the data table above. I cover the dollar less and less, though, because it’s so abstract. That said, the dollar has been immensely strong recently, and it’s impacting our portfolios. Any patriot likes the sound of a strong currency – after all, a strong currency should reflect a strong country. And a weak or debased currency is… Read More

12 Jul 2016

Currency Hedging after Brexit

After Andrea Leadsom withdrew herself from¬†consideration¬†and cleared the way for Theresa May to replace David Cameron as Great Britain’s Prime Minister, I was interested to see how British stocks were faring there after the Brexit. When I looked at the chart, I realized that I hadn’t been paying close enough attention because I was surprised that British stocks are actually up sharply this year – the chart shows a 7.9… Read More