Is the dollar too big to fail?

21/05/2025 47 min
Is the dollar too big to fail?

Listen "Is the dollar too big to fail?"

Episode Synopsis

Questions about the U.S. dollar’s future as the world’s reserve currency aren’t new. And, yes, some central banks have slowly begun moving to dollar alternatives over the past several decades. Now the questions are back. Announced U.S. tariffs have turbocharged volatility, cast a shadow over economic growth, seen the dollar sell off, and spurred discussion about whether U.S. stocks can continue to surge ahead of their global counterparts. In this episode, Cougar Global Investment Portfolio Manager Jason Richey, CFA, and Antonina Tarassiouk, Fixed Income Analyst with Reams Asset Management, explore whether the dollar and the very idea of U.S. exceptionalism are secure – or are on the brink.