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0:38.8	First thing I want to talk about, I think the most significant development during the
0:44.3	week, at least from the perspective of the market, was the weakness in the US dollar.
0:50.5	When I talked about that on my last podcast, but the dollar weakened considerably in the
0:58.7	two days following that podcast.
1:00.9	And in fact, the dollar closed about the low of the day on the Wednesday when I recorded
1:06.2	that podcast earlier in the day.
1:08.4	And again, this was in reaction to the better than expected consumer price index that came
1:16.6	out on Wednesday.
1:18.9	We actually got better than expected PPI data as well on Thursday.
1:24.7	So that likely helped weaken the dollar.
1:27.4	Again, this is all counterintuitive, ironic that the dollar losing less purchasing power
1:34.8	than anticipated means that the dollar loses its purchasing power on international markets.
1:41.8	You would think it'd be the opposite.
1:43.9	But I've explained for many reasons why this is the case.
	...

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