DEBORAH MARCHINI, CNN ANCHOR: Well, the dollar is contributing some weakness to world markets today. We're going to talk a little bit more about that. It's also contributing to job cuts around the world, thanks in part to the impact it's having on U.S. companies' profits, both from exports and from money that has been brought back by multinational corporations. My featured guest this morning is Sarat Sethi, portfolio manager at Bear Stearns. It's great to have you with us this morning. This dollar story, there's no winner in this except perhaps the U.S. consumer -- huh.</s>SARAT SETHI, DOUGLAS C. LANE & ASSOC.: So far, it looks that way and I think as, you know, interest rates have been coming down and our dollar keeps on getting stronger, it really is hurting U.S. manufacturing companies. They're at a big disadvantage for sending goods overseas and at the same time, what it's doing is the manufacturing companies themselves have to cut back.</s>MARCHINI: Now, I don't get the sense that any members of the G7 are pressed to do anything about the stronger dollar. Does it keep strengthening?</s>SETHI: I think lately they've actually been a little more concerned than they have in the past, and that's come through more because, you know, if the U.S. is going to pull this -- the world out of this downturn, then it's got to start somewhere. And it's going to have to be a give and take somewhere.</s>MARCHINI: All right, Sarat Sethi please stay -- stand by because we're going to come back and sample your thoughts in a few minutes time.
Stronger Dollar Hurting U.S. Manufacturers