Welcome to the Money Tree Investing Podcast.

Stock market, wealth, personal finance, value stocks, invest in your life.

Hello Smart Money Tree Podcasts listeners. Welcome to this week's show. My name is Kirk Chisholm and I will once again be your host.

Today we have our very own Barbara Friedberg. Hey Barb.

Hey Kirk, happy to be here. Great. So if you like to show this week, please do a solid

and subscribe, like or comment on the medium of your choice. We love you either way, but we love

you more if you love us back. Today, we are going to be talking about the strong dollar.

Barb, before we dive right in, I know you have a background as a portfolio manager

and you're just like a fountain of wisdom and all other things finance. And we talk about

the strong dollar. What does that mean to you? What kind of impacts your people? Okay. Let me start

with this story because I just returned from Canada and believe it or not, even though they speak English, it is a

foreign country. I've been to Canada many times over my life, and never have I been so happy

spending my money there. Because the U.S. dollar is very strong. It is actually at a near-term high, which means that the U.S. dollar buys more foreign dollars when it is stronger.

For example, when I spent a dollar in Canada of Canadian money, I was only spending 75 cents of U.S. money.

So that was great for us as U.S. citizens.

When our dollar is strong, it makes foreign goods and services cheaper.

It makes traveling abroad cheaper.

And conversely, when the dollar is strong, it makes our goods and services more expensive for

international people, international companies.

So this can hurt the globe, even though it's great for us in America,

we do care about the others around the globe and their economic impact. I think that's a good

starting point. And I want to talk about a few things this week. If you look at what's going on in

...