Strong Dollar Poses Headwinds for Stocks Beyond Earnings Season
The dollar's steep rise in value has caused headwinds for earnings and subsequently, stock values.
This week, 100 companies on the S&P 500 report financial results, as we approach the halfway point for earnings season. The dollar's steep rise in value has caused headwinds for earnings and subsequently, stock values. The fallout from the strengthening dollar could cause trouble for stocks even after earnings season ends. TheStreet's Scott Gamm speaks with Kevin Kelly, chief investment officer at Recon Capital Partners for analysis on the implications a strong dollar has for stocks, what sectors and companies to keep an eye on and how the rise in the greenback's value could continue to haunt stocks after earnings season ends.
