The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent quarter by the ever-stronger U.S. dollar. Indeed, a broad range of U.S. large-cap companies have been trimming forecasts due to a drop in repatriated profits that results from dollar strength. …
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy. Read More »