The host (based in Toronto) is long S&P 500 stocks (up ~5% YTD) but short USD as a hedge, resulting in a net loss of ~10% due to the currency decline, exemplifying the problem foreign investors face.
factualpending
Speaker
Unidentified Speaker — Louis-Vincent Gave: The Dollar’s Breaking? China’s Winning?… [a9yIYXtsITE]Evidence Quote
“I'm long spiders and I think the S&P is up 5% on the year...but along US dollars at the same time, I'm I'm down 10%.”
Source
Louis-Vincent Gave: The Dollar’s Breaking? China’s Winning? The End of U.S. Dominance?— WealthionCreated: 8/11/2026, 7:21:20 AM
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