Reported about 24 hours ago
The US stock market's current downturn, exacerbated by economic uncertainties and Trump's policies, could prompt investors to seek opportunities in international markets, particularly in Europe and China. With foreign holdings of US equities at $17.6 trillion, a reallocating trend may emerge as the S&P 500 and Nasdaq face significant losses this year. If a recession occurs, it could impact the status of the USD as the world's reserve currency, potentially allowing for the rise of alternatives like the euro, while investors are increasingly eyeing China's rebounding stock market.
Source: YAHOO