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Rising U.S. Dollar Will Put a Large Dent in Corporate Earnings

By: ETF Trends
November 02, 2022 at 08:33 AM EDT
Rising interest rates are obviously feeding into a stronger US dollar, which is great news for bullish greenback investors. However, it could translate into a nightmare for corporate balance sheets, as a rising dollar could put a large indentation into corporate earnings. That dollar strength is evident in the ICE U.S. Dollar Index, which is [...] The post Rising U.S. Dollar Will Put a Large Dent in Corporate Earnings appeared first on ETF Trends .
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