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For all the fear-mongers who said that foreigners would abandon long-term U.S. assets, that is demonstrably false.
23.7. klo 20.51
US exceptionalism isn't over. It's the opposite. Foreign flows into Treasuries and US stocks roared back in May after small outflows in April. This suggests the fall in the Dollar happened on narrow liquidity. Markets still believe in US outperformance...
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