The Latest Breaking News from Robin Brooks

"And when you have that much debt, I think stability of the currency probably trumps exports."

So far this year, silver has spiked 169%, platinum has shot up 172%, and palladium has soared 124%.

"This is now the second instance where markets are trading tariffs as backfiring on the US, not on the rest of the world."

"The fact that the 30-year Treasury yield didn’t fall immediately is weird and worrying. It took very weak payrolls to finally do that."

Despite a prevailing “Dollar negative” sentiment among market analysts, the U.S. Dollar Index has remained remarkably stable for the past five months, leading one prominent expert to declare, “the Dollar fall is over.” This assertion challenges the consensus view, which often overlooks periods of consolidation in favor of narrative-driven predictions.

“Trump can squeeze the Russians; he seems to forget that the United States holds the cards, not Moscow.”

“We doubt that U.S. tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary.”

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.

"The hurdle for the US to experience genuine capital flight is high and certainly wasn’t breached in April."