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Podcast: Money Life with Chuck Jaffe
Episode: LPL's Krosby: Strong dollar has hurt corporate revenue growth
Description: Quincy Krosby, chief global strategist at LPL Financial, says that the stock market has been signaling a coming recession -- albeit not likely to be "a deep scary one" -- but the key will be the speed of recovery, and that may hinge on how and when the Federal Reserve eases up on or reverses interest-rate hikes. Crosby notes that one thing that will help the recovery is that the dollar should weaken once the Fed makes it clear that the cycle of rate hikes is ending; she pointed to multi-national companies like Apple and Microsoft as examples of...