The US Dollar decline has been truly remarkable:
The Bloomberg US Dollar Index just dropped to its lowest level since mid-2023. The dollar has fallen over 8% in 2025 and erased nearly all of its gains from the past year. This comes as foreigners are bringing money back home... Source: Global Markets, Bloomberg
U.S. Tariff Revenue soared to $22.2 Billion during May, an all-time high 🚨🚨
Source: zerohedge
Visualizing Trump’s 2026 Budget Proposal 💰by Visual Capitalist and Voronoi App
From foreign aid to renewable energy programs, federal agencies are bracing for sweeping cuts. As Trump’s budget proposal slashes $163 billion from nondefense discretionary spending, it threatens to eliminate some programs entirely. Meanwhile, it boosts the Pentagon’s budget by 13%, raising it to $962 billion in 2026.As Trump’s budget proposal slashes $163 billion from nondefense discretionary spending, it threatens to eliminate some programs entirely. Meanwhile, it boosts the Pentagon’s budget by 13%, raising it to $962 billion in 2026. The Pentagon stands to gain an additional $114 billion—the largest budget increase by far. In particular, funding would be directed to building a “Golden Dome”, a multi-billion dollar missile shield that includes orbital sensors, satellites, and missiles on the ground. By the end of his term, Trump wants to spend $175 billion on its architecture.
BREAKING 🚨: United States Treasury - THEY DID IT AGAIN! Japan 2.0 ???
U.S. Treasury just bought back another $10 Billion of its own debt, matching the largest Treasury buyback in history (and that was from last week)! Source: Barchart
In case you missed it...
Source: Bloomberg
On the back of lower than expected CPI (May) numbers, President Trump calls for the Fed to cut interest rates by "one full point." (i.e 4 rate cuts)
Source: Stocktwits
US pension fund allocation to equities relative to bonds is at an all-time high.
U.S. pension funds represent approximately 20% of the total U.S. financial markets. Source: Guilherme Tavares @i3_invest
Asian nations have NEVER owned so many US assets:
The 11 largest Asian countries have accumulated $4.7 TRILLION of US stocks and bonds over the last 28 years. Their total investments in the US reached $7.5tn. ➡️ Will they bring the money back home? Source: Global Markets Investor, zerohedge, Bloomberg
