US investors are pulling money out of their own stock market at the fastest pace in at least 16 years. The US tech hype is over. AI returns are starting to look pricey and people are moving their cash into markets in Europe, Japan and Korea instead. The EU is working to establish its Capital Market Union which would only accelerate the trend. I think this is actually great for neoliberalism. It’s better for everyone when the global economy isn’t just relying on two or three giant tech company bubbles in the US to keep everything afloat. Seeing other markets emerge makes the whole system a lot more stable and balanced.
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> The shift comes despite a weakening of the dollar against other currencies, which makes buying overseas assets more expensive for U.S. investors.
Bruh, Trump weakened the dollar on purpose and is *still* fucking him over.
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US investors are pulling money out of their own stock market at the fastest pace in at least 16 years. The US tech hype is over. AI returns are starting to look pricey and people are moving their cash into markets in Europe, Japan and Korea instead. The EU is working to establish its Capital Market Union which would only accelerate the trend. I think this is actually great for neoliberalism. It’s better for everyone when the global economy isn’t just relying on two or three giant tech company bubbles in the US to keep everything afloat. Seeing other markets emerge makes the whole system a lot more stable and balanced.
> The shift comes despite a weakening of the dollar against other currencies, which makes buying overseas assets more expensive for U.S. investors.
Bruh, Trump weakened the dollar on purpose and is *still* fucking him over.