Financial Times: Europe’s largest asset manager Amundi is reducing its exposure to US dollar assets and turning to European and emerging markets.
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Karash770
Financial Times: Europe’s largest asset manager Amundi is reducing its exposure to US dollar assets and turning to European and emerging markets.
—
Karash770
5 comments
It’s crazy how much damage one degenerated person can cause to the economy.
Trump or no trump the overall exposure to US markets was reaching absurd levels these past few years as a consequence of this 10 year rally around FAANGS. Everyone is fretting about a potential bubble burst-in waiting as massive investments are made under the guise of near-AGI. So you would want even in a baseline scenario to hedge your bets a little bit more.
🇪🇺 Invest in Europe 🇪🇺
Paywall. Can you post some of it?
Dollar weakening decreases the value of the assets, and it is only logical to diversify from assets in weakening currency.