Economist’s “News and Views” 7-8-2025
Trump’s 10% Tariff Just Shook BRICS as U.S. Debt Hits a Breaking Point
Daniela Cambone: 7-8-2025
“Tariffs, gold, and the great unraveling.”
Adrian Day, CEO of Adrian Day Asset Management, joins Daniela Cambone at the Rule Symposium in Boca Raton to unpack the global crosswinds shaking the foundation of U.S. dominance.
From Trump’s new 10% tariff threats against BRICS-aligned nations to Powell’s reluctance to cut rates, Day sees deep contradictions in U.S. policy — and a brewing inflection point for the dollar.
He warns of a silent shift away from the dollar as a reserve currency, citing its sharp decline in central bank holdings, and points to record debt servicing costs as the real driver behind coming rate cuts.
Amid shaky CPI data, political brinkmanship, and a confused Fed, Day argues gold remains the ultimate hedge. “The messaging is broken. The math is unsustainable. But the case for gold? Stronger than ever.”
The World Is DITCHING the Dollar - Here's WHY
Lena Petrova: 7-8-2025
Market Sell-Off Ahead? | Todd "Bubba" Horwitz
Liberty and Finance: 7-7-2025
Join Todd "Bubba" Horwitz for a live discussion on the recent downside moves in the stock market and what they could mean for investors.
He’ll break down the factors driving the decline and why the risk of further downside remains on the table.