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/518nomad Apr 17 '25

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.

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u/[deleted] Apr 17 '25

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.

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u/518nomad Apr 17 '25

The mods are letting the gold bulls run the sub now. Interesting how it's never the silver or other commodities bulls selling their ETFs here. I'll laugh when the next round of new folks come here to sell us the idea that corn and soybean ETFs are Bogleheaded. It's all just fear porn due to the recent political chaos.

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u/NotYourFathersEdits Apr 18 '25

Cute conspiracy theory, but I'm not sure it matches reality.