Phoenix68
Well-Known Member
- Joined
- Mar 12, 2022
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"Investors revived the “Sell America” trade Tuesday and sold off U.S. stocks, bonds and the dollar amid concerns about Presidunce Spanky’s clash with European leaders over ownership of Greenland.
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“This is "Sell America" again within a much broader global risk off,” Krishna Guha, vice chairman at Evercore ISI, said in a note. “The fact that the dollar is falling while the euro is rising on the crisis says global investors at the margin are looking to reduce or hedge their exposure to a volatile and unreliable U.S.”
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“This is "Sell America" again within a much broader global risk off,” Krishna Guha, vice chairman at Evercore ISI, said in a note. “The fact that the dollar is falling while the euro is rising on the crisis says global investors at the margin are looking to reduce or hedge their exposure to a volatile and unreliable U.S.”
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