Chris, I read somewhere Canada is dumping us bonds. Don’t know if this is relevant. Europe is moving quickly to protect Ukraine and involving Canada and Australia. The US is not seen as reliable anymore as a trading partner or ally for security guarantees. Trumps attack on NATO and abandonment of Ukraine and his increasing autocratic rhetoric are causing major geopolitical shifts and there has to be a major economic consequence to this beyond what tariffs are causing. I’ve seen predictions that the US dollar will weaken and increasing fears of a recession if not a depression.
Chris, I read somewhere Canada is dumping us bonds. Don’t know if this is relevant. Europe is moving quickly to protect Ukraine and involving Canada and Australia. The US is not seen as reliable anymore as a trading partner or ally for security guarantees. Trumps attack on NATO and abandonment of Ukraine and his increasing autocratic rhetoric are causing major geopolitical shifts and there has to be a major economic consequence to this beyond what tariffs are causing. I’ve seen predictions that the US dollar will weaken and increasing fears of a recession if not a depression.