Insight Investment’s Jill Hirzel warns that the U.S. dollar could weaken, citing potential policies from President Donald Trump as a key factor. Hirzel suggests these policies might diminish American exceptionalism, impacting capital inflows into the United States. This decline in support for the dollar is expected to cause prolonged weakness. However, she cautions investors against over-betting on the dollar’s decline by shorting it, noting that growth outside the U.S. will likely be weak at best. Additionally, she points out that even with inflation adjustments, real interest rates are likely to remain high until economic weakness becomes a significant concern for policymakers.