How Likely Is US Exceptionalism to Continue?

The video discusses the US dollar's 8% strengthening in Q4 and its implications on tariffs. It highlights the economic divergence between the US and Europe, with concerns about the US's continued exceptionalism. Market expectations suggest a resilient US economy, but there are risks of a slowdown due to restrictive monetary policies. The video also explores market beliefs about interest rate cuts in 2025, suggesting a potential for more cuts than currently priced in.

What was the percentage increase of the US dollar against the euro in Q4?

• 12%

• 5%

• 8%

• 10%

What is a concern regarding the US economic performance in 2025?

• Decrease in monetary policy restrictiveness

• Increase in tariffs

• Potential slowdown not fully priced in

• Continued economic growth

What is the market's belief about the US economy compared to others?

• The US economy will remain stable

• The US economy will underperform

• The US economy will decline

• The US economy will outperform others

What is the current expectation for interest rate cuts in 2025?

• No cuts expected

• Exactly two cuts

• Less than two cuts

• More than three cuts

What is the potential reality for interest rate cuts compared to current expectations?

• Fewer cuts than expected

• More cuts than expected

• No change in cuts

• Complete elimination of cuts