The U.S. dollar has been gaining ground as investors flee to safety amid escalating Middle East tensions, even as the pound and other currencies give back recent gains. But a stronger dollar has its own set of consequences for multinationals, emerging markets, and commodity prices. Today&#x27;s Stocks &amp; Topics: Trump Account vs. 529 Account, Market Wrap, abrdn Physical Precious Metals Basket Shares ETF (GLTR), K Shaped Economy, CF Industries Holdings, Inc. (CF), Dollar vs. Emerging Market Currencies: Is the Safe-Haven Rally a Trap?, Blue-Chip Stocks, Meta Platforms, Inc. (META), Private Label Brands, Vanguard Energy Index Fund ETF Shares (VDE), Chubb Limited (CB). Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Quince and use my code quince.com/INVEST for a great deal: https://www.quince.com Advertising Inquiries: https://redcircle.com/brands

Dollar vs. Emerging Market Currencies: Is the Safe-Haven Rally a Trap?

InvestTalk

[SPEAKER_A] This is Invest Talk from KPP Financial, helping investors make sense of the markets one day at a time. Here's your host, Justin Klein.

[SPEAKER_B] Good afternoon, fellow investors, and welcome back to Invest Talk. This is another edition. It's our Thursday edition, July 23rd. 2026. And we thank you all for being here. We're in the midst of earnings season. We had some pretty big market moves today to mainly the downside for most sectors, most companies, and we'll unpack that and much, much more throughout the hour. But this hour is really dedicated to you, whatever's on your mind. What questions do you have maybe about earnings reactions, upcoming earnings, different sectors, different asset classes? We know oil is resurging to the upside. What does that mean for portfolios and the market as a whole? We're going to dig into all of this as the hour goes on. And that's my goal. I'm Justin Klein, and my job is to answer your finance and investment questions and give you data and perspective so that you can make better decisions with your money.

[SPEAKER_C] Okay?

[SPEAKER_B] So that's what this hour is about. It sets the stage. And in just a minute, we'll talk about today's market performance and run down the show topics for the hour. But let's tackle this first caller question now.

[SPEAKER_D] Good morning, Luke and Justin. This is Josh from New York. I just opened my Trump Account for my 8-month-old son and took advantage of the free $1,000. I was wondering if you had any insight on contributing to the Trump Account versus a 529 Account, or if I should just split my contributions 50/50. Just curious on your thoughts and if there's anything that I'm not considering between the two.

Dollar vs. Emerging Market Currencies: Is the Safe-Haven Rally a Trap?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Dollar vs. Emerging Market Currencies: Is the Safe-Haven Rally a Trap?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.