Confluence Podcasts
Confluence Podcasts
Confluence Investment Management
Asset Allocation Bi-Weekly – The Erosion of Exorbitant Privilege (2/2/26)
7 minutes Posted Feb 2, 2026 at 6:32 am.
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Long-term government debt issued by advanced economies seems like a less attractive investment these days for safety conscious investors. In his latest report, Confluence Associate Market Strategist and Certified Business Economist Thomas Wash calls this "The Erosion of Exorbitant Privilege" for these advanced economies, and Thomas joins Phil Adler to explain why this development has significant implications for investors.