Advertisement

Drudge Retort: The Other Side of the News
Friday, June 27, 2025

Some Wall Street veterans say appetite for the U.S. dollar is waning in ways not seen in years. Why it matters: It could be the great unwind of the greenback binge of the past decade, when exposure to America was the world's safest -- and a highly rewarding -- investment. Now investors are hedging those bets.

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

More from the article ...

... What they're saying: "We're in a new era, where global investors no longer reflexively buy dollars or treasuries at the first sign of trouble," Jason Thomas, the head of global research and investment strategy at Carlyle, tells Axios.

- - - Themos Fiotakis, a currency strategist at Barclays, puts it this way: "Since April, there's this trend that investors are trying to reduce the amount of dollar exposure. Some of that is a little bit of normalization, but there is a sense they need to go even deeper."

By the numbers: The U.S. dollar index is down more than 10% against a basket of other currencies this year, at a three-year low. The speed of the decline is the story.

- - - The dollar index peaked when President Trump was inaugurated. But it has since "fallen farther, faster than in any year since the U.S. abandoned fixed exchange rates," Karl Schamotta, a currency strategist at payments firm Corpay, tells Axios.

The intrigue: The drop is among the hints of some "America-proofing" underway. ...



#1 | Posted by LampLighter at 2025-06-27 07:15 PM | Reply

Another sign of Pres Trump actively destroying the American Excellence he inherited?

#2 | Posted by LampLighter at 2025-06-27 07:16 PM | Reply

"Since April, there's this trend that investors are trying to reduce the amount of dollar exposure. Some of that is a little bit of normalization, but there is a sense they need to go even deeper."

Well duh.

Nobody wants to invest in a declining empire.

The plan for the next four years is to extract as much wealth as possible as the country is slowly, incrementally gone to pot.

It started happening fifty years ago, when wages stopped keeping pace with productivity.

Republicans know is all Biden's fault.

#3 | Posted by snoofy at 2025-06-27 07:22 PM | Reply | Newsworthy 1

@#3 ... The plan for the next four years is to extract as much wealth as possible as the country is slowly, incrementally gone to pot. ...

Yup.

The transfer of America's wealth to the already wealthy, while actively hurting those who need help to live.

#4 | Posted by LampLighter at 2025-06-27 07:43 PM | Reply

Also: fcnk crypto

#5 | Posted by hamburglar at 2025-06-27 07:45 PM | Reply

All I know is, billionaires need another tax cut.

Just ask our resident Trump representatives.

#6 | Posted by ClownShack at 2025-06-27 07:51 PM | Reply

@#6 ... All I know is, billionaires need another tax cut. ...

Yah, there's that.

But the deterioration of the Dollar goes beyond that.

If I may ask ...

Why does Pres Trump appear to be on an intentional path towards the destruction of the international respect that the US Dollar has earned over the decades?

#7 | Posted by LampLighter at 2025-06-27 08:28 PM | Reply

Why?
To enrich himself, and secure power for his children as the future rulers of this nation.

#8 | Posted by snoofy at 2025-06-27 08:56 PM | Reply

Fat Donnie ------ strikes again.

#9 | Posted by LegallyYourDead at 2025-06-27 11:09 PM | Reply

The following HTML tags are allowed in comments: a href, b, i, p, br, ul, ol, li and blockquote. Others will be stripped out. Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Anyone can join this site and make comments. To post this comment, you must sign it with your Drudge Retort username. If you can't remember your username or password, use the lost password form to request it.
Username:
Password:

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy

Drudge Retort