ICYMI: Asia's 'Sell America' Moment Puts $7.5T at Risk
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains why Asian investors are rethinking their strategy of investing in US assets. The trend has been driven by concerns over the US budget deficit, political polarization, and the impact of Trump's policies on the dollar. The shift away from US assets could lead to a significant unwinding of dollar investments, with potential beneficiaries including emerging markets, Europe, and Japan, and a possible appreciation of Asian currencies. This story is the subject of the latest Bloomberg Big Take. You can read the full story, and more from Bloomberg The Big Take on the Bloomberg Terminal and at Bloomberg.com/bigtake.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
16 minutes ago
- New York Post
Trump speaks with Putin, says ‘not a conversation that will lead to immediate Peace' with Ukraine
WASHINGTON — President Trump spoke by phone with Russian President Vladimir Putin on Wednesday, saying it was 'not a conversation that will lead to immediate Peace' between Russia and Ukraine. 'We discussed the attack on Russia's docked airplanes, by Ukraine, and also various other attacks that have been taking place by both sides,' Trump announced after the 75-minute talk with the Kremlin tyrant. 'President Putin did say, and very strongly, that he will have to respond to the recent attack on the airfields.' Trump had a phone call with Vladimir Putin after Ukraine's attack on Russian subs in Russia's far east. AP The two also spoke about Iran, during which Putin suggested that Russia could potentially get involved in sealing a revised nuclear deal with Tehran. 'I stated to President Putin that Iran cannot have a nuclear weapon and, on this, I believe that we were in agreement,' Trump wrote. 'President Putin suggested that he will participate in the discussions with Iran and that he could, perhaps, be helpful in getting this brought to a rapid conclusion. It is my opinion that Iran has been slowwalking their decision on this very important matter, and we will need a definitive answer in a very short period of time!'
Bloomberg
18 minutes ago
- Bloomberg
Bloomberg Surveillance 6/4/2025
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Bloomberg
18 minutes ago
- Bloomberg
Jewelry CEO Faces Gold Price Surge
Gold prices have continued to surge as global tensions push investors toward a traditional safe play. Tom Nolan, is the CEO of Kendra Scott--a jewelry and fashion brand. He joined the c-suite on Bloomberg Open Interest to talk about how he's navigating higher costs and what he thinks about the resiliency of the US consumer. (Source: Bloomberg)
