Deutsche Bank: US stocks sell-off risk
Deutsche Bank warns that Europe might start selling off American assets in response to the conflict with the US. According to the bank's estimates, European investors currently hold about $8 trillion in US stocks and bonds. The main vulnerability of America, note the bank's analysts, is that the country relies on external financing. If Europe decides it no longer wants to subsidize the US, a mass sale of assets could seriously hit the dollar.
Summary:
Deutsche Bank reports that Europe could sell huge amounts of U.S. assets, threatening the stability of the dollar.
- Category: Economy
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- Source: https://t.me/newsby_btrc/185701
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