‘Sell America’ Debate Re-Emerges as US Policy Sows Doubt
AI Summary
Investors and market experts debate reviving the 'Sell America' trade amid recent economic policy changes in the U.S. Tightening economic conditions and their effects on equities have cast doubt on U.S. assets, eliciting lively discourse in the global financial community.
Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out of Washington over the past two weeks. Julia Hermann, Director: Global Market Strategy at New York Life Investment Management, discusses tightening economic conditions, the pass through to equities, and a resurgence in the 'sell America' trade. (Source: Bloomberg)