Edited for accuracy, thanks for calling me out (seriously!).
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It seems like president want to do everything
Negotiate with countries, Offer instinctive tariff relief to individual companies , fire tenure officials, hire whoever praises him
Completely irresponsible behaviour
We barely avoided a credit crisis in last two days. Time to show humility.
The guy shits on golden toilets, what humility?
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Very strong messages from China
âChina survived for 5000 years and it would survive for another 5000 years. For most of it US was not aroundâ
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Seriously when do I wake up? Donald Trump signs order to 'make America's showers great again'
Itâs not investment related, except maybe if one picks water companies.
The US-China escalation of tariffs reminded me of this :
Wondering if it will end similarlyâŠ
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CHF-USD continuing the trend of yesterday. Up 5% in two days now.
USD losing its place as reserve currency. Bond yields rising.
Source please?
So far, it seems that they tiptoe around this subject as they know any moves to oust JPow would be seen very badly and would have immediate ramifications for the dollar.
See also this great interview with Lev Menand:
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For all asking for a source: it was a clickbait , paywalled article. What happened in reality is only two top officials from independent agencies were given permission to be fired temporarily, which could theoretically open the doors to axe the Fed Chair
but on a second lecture it all seemed a bit more theoretical than concrete:
https://www.business-standard.com/world-news/chief-justice-lets-trump-fire-2-officials-fed-chair-powell-s-job-at-risk-125041100161_1.html
I fell into the clickbait trap, amended my post above with a serious article and what it actually said.
Has anyone a graph/table of VTâs price in usd vs chf? In the last months usd lost ~10% vs CHF so I was wondering how bad itâs going in CHF.
On trading view, you can multiply with USDCHF to plot the CHF chart.
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I donât see much of a difference. I thought it would have been worse. I"m doing something wrong for sure.
I think we need to be careful not to draw too many conclusions
US has dented the trust other countries have in USA - yes
US bond yields are rising - Yes
CHF is gaining versus USD - Yes
But this doesnât equate to the fact that USD is losing reserve currency status yet. But this also doesnât mean it wouldnât lose that status.
In 2000 USD accounted for 71% of global currency reserves. Today the number is close to 58%. This means itâs already under slow decline over the years and if trend continues some other currency might overtake. Who knows.
Some of the US policy actions have maybe accelerated the change. Specially the one in 2022 when Dollar was weaponised against Russia. Now new administrationâs style is adding to the decline but it would take many years for something else to take over
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You can use SSAC.SW as a proxy for this. Itâs a world ETF traded in CHF & accumulative
This eliminates the discounting of dividends that reduces the NAV of VT over time & also currency impact
52 week high is 85
Today itâs about 68 (-20%)
SSAC and VWRL for VT proxies are about -7.5% YTD in USD, -14.5% YTD in CHF, so one currency weakening while the other is strengthening is having this affect - youâd get less CHF if you were to sell now vs 10 days ago, but the absolute value of the ETF is the same in any currency, is this what youâre looking for?
Yes thank you. I use my small table where I put the cost Iâve paid that year for buying VT vs the value on the following years to see how much is growing each yearly investment. Itâs in USD but I might have to do the same in CHF. In CHF would be either imprecise or boringly long to do. Either I take the FX of a specific day (31.12 ?) or I should get the FX of the day I bought them. Since itâs just to get an idea of the situation, I might do it with a single FX per year.
On a side note: if Powell get fired, should I sell all my US assets? 
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Every time I tried to think this through I concluded that itâs not something you can have any control over so donât stress about it. The FX is what it is, and the more expert people here tell us that hedging - which I donât understand how it works - doesnât work in the long run - for reasons I donât understand - so I say âit is what it isâ and get on with life. Having assets in CHF feels better to me, but thatâs just âfeelsâ.
Right now my table is just to tell myself âyes, the 6% p.a. rule is trueâ. Adding CHF might show something similar. Itâs just for the feelings.
The thing about Powell instead is a bit serious. Iâve seen what happened to the Turkish lira.