From Investing.com: 2025-05-01 10:33:00

The United States’ once strong economic pillars are now eroding due to erratic policies under Donald Trump’s presidency, leading to declining stocks, bonds, and the dollar. Economic data shows a first-quarter contraction of -0.3%, along with slowing consumption, employment, and growth, and high inflation. Corporate profits are at risk as consumers cut spending, employment weakens, and costs remain high. While US assets have underperformed compared to Europe and China, the rise of blocs like the BRICS challenges US dominance. A silent battle for rare earth minerals between the US, Europe, and China could impact technological development and industrial sovereignty. Critics argue that Trump’s strategy benefits adversaries like Xi Jinping by isolating Washington and normalizing questionable regimes. The financial landscape is shifting, with Texas emerging as a challenger to New York as an innovation hub, highlighting the need for reduced bureaucracy to facilitate growth. As global challenges and economic fragility threaten American exceptionalism, a shift in the global balance of power may be on the horizon.



Read more at Investing.com: America’s Exceptionalism Crumbles: Signs of a New Global Order in the Making