Let's talk macro for a little bit: with the JD Vance pick (and assuming the Democrats can't fix their campaign), are we not seeing the balance of power in DC shift from New York & finance to San Francisco & tech?
That shift in power lends far more credence to reindustrialization and a change in the US Treasury than anything else. A weak dollar is far less important to the Silicon Valley elite than it is to the New York elite. Is it unreasonable to expect a weakening dollar emerge over the next four years, bringing with it a rise in onshoring, a rise in real incomes (which are overwhelmingly from domestic consumption), and a fall in purchasing power abroad?
I mean... wasn't this inevitable? Iron is basically infinitely recyclable, and eventually China will build up enough scrap to saturate demand. There's a reason electric arc furnaces are becoming increasingly popular in China lol