All right, pilgrim, put down that drumstick and listen up.

It's Thanksgiving, that time of year when your wallet shrinks and your stomach expands.

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Americans spend roughly $1.2 billion on Thanksgiving turkeys each year with 46 million of the semi-flightless fowls getting the ax, according to WalletHub.

And speaking of eating: Americans consume an average of 3,150 to 4,500 calories on Thanksgiving, and the hosts of these sumptuous meals will spend roughly $361 on holiday dinners, which include food, drinks and décor.

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Money is on the mind of a lot people at this time of year since the holiday-shopping season officially kicks off on Black Friday.

Quincy Krosby, chief global strategist for LPL Financial, said the dollar delivered yet another week of strength against its global peers as geopolitical risk has edged higher with the escalation of the Ukraine/Russia conflict.

"The dollar, considered a safe haven during periods of heightened global tension, has witnessed heavier inflows as the latest -- and potentially most dangerous -- phase of the military combat between the two warring nations unfolds," Krosby said in her weekly market commentary.

In addition to the geopolitical risk, she said, the dollar's climb has been predicated on factors such as uncertainty about how the Federal Reserve will move on interest rates in December.

Krosby also cited a solid domestic economic landscape with inflation still "sticky," a weakening euro as expectations suggest the potential for a stronger rate cut, and questions regarding the inflationary implications of the Trump administration's tariff agenda.

On Nov. 25 Trump suggested on his Truth Social social-media network that he would impose additional tariffs of around 10% on China-made imports, while slapping a 25% levy on imports from both Canada and Mexico, both of which are signatories to the U.S.-Mexico-Canada Agreement trade agreement.

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"The question for currency markets is whether the administration goes full throttle on the extent of the tariffs implied by President-elect Trump during the political campaign, and on the other side of the tariff equation, the retaliatory responses from the country's trading partners," Krosby said.

"The final line for currency markets is how much inflation is inherent in the tariffs once enacted and how the Fed's monetary policy is impacted."