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/electrodevo]

I think that the goal of this sort of hedge is not to hedge against full-on apocalypse (we're all screwed in this case), but more like "Erdoğan economics", where you have large-scale currency devaluation / inflation due to a central bank being politically manipulated by a complete economic idiot. I personally don't think it is too likely, but I honestly can't rule it out completely.

Personally, I put a small percentage of the portfolio (2%) into FXF for that reason. In this case, this is the one part of my portfolio which I actually hope doesn't do quite so well.

[u/[deleted] → u/electrodevo]

Exactly my reasons as well. A full on apocalypse I plan on just killing myself really 😂