video transcript

The US dollar is strong again it could mean the rally in stocks has mortar round. The dollars relationship with stocks has taken a sudden twist this year -- since been dancing and almost lockstep with equities. Just like golfers doing the tango. As a dollar rises so do stocks and some equity strategists say -- change from just a few months ago. That is a bullish side. Historically strong dollars and -- -- -- he's an expert says that people are looking to buy the dollar on economic -- I'd ask the community that's doing better relative to the rest of the world that in this attract US is more threatening companies in the US. It was the opposite as recently as December. Between 262012. Stocks climbed thirteen point 7% as a dollar declined twelve and a half percent. Investors -- only by the dollar as a safe haven play. When trouble was brewing and other big economies around the world but the game has changed they're buying dollars because the US economy is outperforming Europe and Asia. Bespoke investment group's study finds that during the five periods since early seventies when the dollar has been strong. The S&P 500 gained 72%. During the four dollar bear markets he returned under 16%. Many currency analysts see the dollar rising over the longer term. But has a dark side it could hurt US exporters and cut into the dollar return to foreign stocks still think domestically. Focus on two things sectors that generate most of their revenues in the United States more specifically stocks in the -- -- I'm just a sector like basis to restricts consumer discretionary mostly US focus. Financials health care whereas we have materials technology and energy more international vote for so those companies that are going to be. Impacted more -- recommends buying Jenrette. A generator maker it makes more than 90% of its revenues domestically. And sales are climbing after the recent wave of big storms in the bruised power grid. As to when a rising dollar would seriously -- earnings. Wells Fargo advisors -- macro strategist Gary Player says not to worry for now remember the dollar has lost more than 30%. Since 2001. And he says it's nowhere near being over valley.