Nike Feels Squeeze by Strong Dollar
Companies that make sales internationally but have a base currency of USD usually don’t like to see too strong a US dollar.
As the US dollar is currently so strong, it’s hitting the bottom line of companies such as Nike.
Lumber Prices Come Back Down to Earth
During the pandemic and supply chain crisis of the recent two years, builders saw sky high lumber prices, but now that supply chains are easing, lumber prices are coming back down to pre-pandemic levels.
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