Concerns over the US’s policy credibility and fiscal sustainability have seriously dented, if not reversed, the notion of US exceptionalism. Christiaan Tuntono, Senior Economist for Asia Pacific at Allianz Global Investors, offers insights into the recent market worries, their impact on the US dollar and what this means for Asian economies.

Regularly we review and update our assumptions. The analysis is prepared by risklab, a global team of more than 50 investment, risk and digital wealth advisory experts within Allianz Global Investors. The short paper provides an at-a-glance view of our estimates of asset class returns, volatilities and correlations, which are derived based on risklab's proprietary Capital Market Model.