TheStreet: What a Stronger Dollar Means for Investments: Good, Bad and Ugly
By SIMON CONSTABLE The greenback is back.
The U.S currency has climbed 4.1% this year against a basket of global currencies, and nearly four times that much against the British pound alone.
U.S stock markets, in the meantime, have made double-digit gains across the board, but that masks individual winners and losers. Coming out ahead are the consumers who drive the U.S. economy and can get more bank for their buck, as well as the import companies that sell to them. Exporters, on the other hand, may see sales suffer as overseas customers find American-made goods more costly. Read more here.