As Trump Sinks Dollar, Once-Unthinkable Worry Grips Markets

[Zorro]

As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange.

The dollar, long a go-to hiding place during market selloffs, wasn’t rallying this time as investors rushed for safety. It was sinking, too, and fast as hot money poured into gold, the yen, European stocks — almost anywhere but the US.

“It’s unusual and very telling,” said Sidawi, who helps oversee bond investments at the firm. “The dollar, in an environment where it should be acting like a safe haven, is not.”

That, as with so much of the volatility that has whipsawed global markets recently, has a singular explanation: President Donald Trump.

https://www.bloomberg.com/news/articles/2025-03-28/trump-is-rattling-the-market-s-faith-that-the-dollar-is-a-haven?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0MzI2OTExOSwiZXhwIjoxNzQzODczOTE5LCJhcnRpY2xlSWQiOiJTVDlSQTVEV1gyUFMwMCIsImJjb25uZWN0SWQiOiJDNjgyQTUwQzJCRDM0MTFCQTgwQjEwQjZEQjczQzM1MSJ9.bEstZEtLrv0Q9HDEOSbSUaSjwNYPL8SUSMeClNumRsI

[yardwork]

1. They all voted for him.

I hope they're racked with worry.

And as much as I don't want the market to crash, one good thing always comes of it: social security becomes more appealing. It's when the stock market is booming that the rich get greedy and want to invest that money in the market. When times are bad people rush to protect their SS.

[efhmc]

2. Destroy it all.

[moonscape]

3. I recently went

1/3 cash with my meager investments but not sure where to park $$ at this point. Buy Euros? Swiss Francs?