Strong dollar can hurt U.S. businesses

Whenever you hear a politician talk about the need to have a strong dollar, please change the channel or put your hands over your ears.

The value of the dollar has nothing to do with sound bites and grand political pronouncements. It has everything to do with how much U.S. currency the world wants. You see, even our money can’t escape the law of supply and demand. The more folks demand, the higher it goes in value. (Link to previously published article via the Montgomery Advertiser on March 15th)

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.