The Economist has labeled the US dollar a 'dangerous' asset, citing its vulnerability to various economic factors despite a superficially strong US economy. The magazine highlights concerns over the unpredictability of the current administration's policies, potential inflation increases, and the impact of Kevin Warsh's nomination as Federal Reserve Chair. Since President Trump took office in January 2025, the dollar has depreciated by 10%, despite a recent rally driven by Warsh's hawkish stance. Analysts at The Economist warn that if Warsh adopts a dovish approach, inflation could rise, further destabilizing the dollar. The publication notes that while the stock market has reached record highs, the rising prices of precious metals and stagnant growth in assets measured against other currencies suggest the dollar is overvalued and may continue to decline. The magazine concludes that the dollar's status as a safe haven is increasingly compromised by global economic risks.