How does the strength of the dollar impact the markets?
The strength of the dollar, or conversely the weakness of the dollar will affect our portfolios in the markets in a few different ways. One of them is that it's going to affect the value of our international investments. When we invest internationally not only are we taking the risk associated with those international companies, but we're also taking the risk associated with the U.S. dollar, the currency. So, if we own international investments and the dollar is stronger, it starts to grow, that means that our international investments are worth less money when we trade those back to dollars. Conversely, if the dollar is going down, then those international investments are going to have a greater value relative to the U.S. dollar. That's one of the main factors when it relates to our investment strategy on a weak dollar vs. a strong dollar.