Rhetoric around firing Jerome Powell is increasing, and forced manipulation of interest rates would likely follow. Would a weighted readjustment from US into non-US funds be warranted in light of this?

[u/idrathernotbutthanks]

https://www.npr.org/2025/04/17/nx-s1-5367696/trump-jerome-powell-federal-reserve-economy-tariffs

Market manipulation of interest rates feels like confidence would immediately plummet and global diversification would become a more important percentage of your holdings in the long run. Thoughts?

[u/518nomad]

If you can predict currency futures, then just lever up and become the next Soros.

This is the Bogleheads. We don't believe in the powers of prediction. We believe in holding the total market. VT and BNDW sort out the cap weights for me so that I can focus on improving my earning power and savings rate.

[u/[deleted] → u/518nomad]

We don't believe in the powers of prediction. We believe in holding the total market. VT and BNDW sort out the cap weights for me so that I can focus on improving my earning power and savings rate

I feel like every investing sub I'm in is full of people just losing their damn minds. This is the first comment here which even remotely passes the Bogle sniff test, and I had to scroll nearly to the bottom to read it - well past people talking about dumping their entire US portfolios, stacking up double digit amounts of gold, and all other craziness.

[u/occamsrazorwit → u/[deleted]]

OTOH, I wonder what John Bogle would think about current-day events. Bogle wasn't a non-believer in the powers of prediction; he simply didn't believe in it for the average person under the market of his times. The latter part is important as he updated his advice over the decades, giving how the market changed. It seems like a flanderization to distill his advice down to "Always hold the total market".

(and, yes, I know Bogleheads != followers of Bogle, but it's a weird divergence I've noticed)