USD Risk Increases

I have seen more about Japan lately, not sure why they would be better than India or Brazil. Peter Schiff claims inflation isn’t going down, some truth there, not sure how much. I’m not personally convinced the US can decouple from China, if we did, you would see Schiff’s inflation happen. If AI flops like electric cars, and there’s a recession, there’s quite a bit of downside from here. Less geopolitical risk, sideways markets and de-dollarization seems likely.

I think Gundlach was barely a third allocated in the US the other month. There’s a trend growing.