On the question of maintaining strong alliances amid policy disagreements, the key point here is that having different views doesn't necessarily mean breaking diplomatic ties. Nations can disagree on specific issues while still maintaining their core alliance relationships. It's a nuanced position that separates tactical disputes from strategic partnerships.

Regarding the European trade landscape, there's skepticism about any major shifts in the near term. The structural dynamics and existing agreements appear sticky—meaningful changes would require significant political realignment, which isn't expected to materialize quickly. The status quo in transatlantic trade relations seems likely to persist.

On the domestic front, there's a view that current interest rate levels are running excessively high—roughly hundreds of basis points above where they arguably should be. This perspective reflects concerns about monetary policy potentially constraining economic activity and borrowing capacity. For crypto investors watching traditional finance, rate normalization could have material implications for asset valuations and risk appetite across markets.