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CPI, Euro Equities, The Fed, and Real Estate (Podcast)

Bloomberg Intelligence

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The Euro-Over-Year Outlook in Europe

In the third quarter, currency is going to be somewhere between a 10% and 14% headwind for you on a Euro-over-year basis. Some companies will hedge that away; some companies are producing in the local market. It'll be an interesting element from the standpoint of currency impact. But maybe a tailwind for some of the consumer staples that you mentioned?

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