Every few years, predictions resurface that the U.S. dollar is on the brink of losing its dominant role in global finance. Lately, those warnings have grown louder. Clients ask: "Is dollar dominance finally ending?"
The list of concerns is familiar: A national debt exceeding $37 trillion, a trade deficit near $1.2 trillion, stubborn inflation, the rise of cryptocurrencies, a stock market bubble and a belief that a BRICS (Brazil, Russia, India, China and South Africa) currency will soon take over.
