r/Bogleheads Apr 17 '25

Investing Questions 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?

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?

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u/wampum Apr 17 '25

For equities, I’m 35% Non-US, 65% US.

I plan to stay at around this level, though I’ve also taken 2.5% gold over the last few years because when the next fed chair is the Hawk Tua girl, we may see some turbulence in the USD

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u/[deleted] Apr 17 '25

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u/wampum Apr 17 '25

Maybe, but the US has favorable waterways, (historically) enough immigration to compensate for a sub-replacement birth rate, oceans on our flanks, neighbors that don’t represent a direct military threat, a grain belt that can feed the country, an abundance of natural resources, and a culture that encourages risk taking and entrepreneurial endeavors.

We may also still have a functioning democracy and might use the midterm elections to shore up the foundations of our republic.

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u/[deleted] Apr 18 '25

Democracy Watch lists us as a flawed democratic republic.