All Macro-Thematic Trend Reports:

Gold increasingly appears to be the pivot point of a global economic rebalancing (FFTT, 2/4/25)

We’re going to monetize the asset side of the U.S. balance sheet for the American people.  There’ll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people.     – Scott Bessent, via Reuters, 2/3/25 We’re also at a unique moment geopolitically, & I could see in the next few years that we are going to have to have some kind of a

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Trump just advocated changing post-1971 structure of USD reserve status – did you catch it? (FFTT, 1/28/25)

President Trump has also discussed adopting substantial changes to dollar policy. Sweeping tariffs and a shift away from strong dollar policy can have some of the broadest ramifications of any policies in decades, fundamentally reshaping the global trade and financial systems.     -Trump Head of Council of Economic Advisors Stephen Miran, November 2024 Wall Street consensus that an Administration has no means by which to affect the foreign exchange value of the dollar, should it desire

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