Trump factor: The Nasdaq MarketSite in New York. US valuations and investor positioning are already at extremes, with only a trigger and a narrative needed to shift the momentum. — Bloomberg
THE extreme global investor bias for all things American may not need to end with some major US shock, but could eventually reverse with just a modest lifting of the pervasive gloom surrounding Europe.
Many experts are wary of the scale with which the United States is hoovering up global investment and the resulting strength of the dollar.
