US Assets Face Foreign ‘Buyers’ Strike,’ Deutsche Bank Says
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Despite the market recovery of the past week, foreign investors “remain on a buyers’ strike on US assets,” according to Deutsche Bank AG.
To gain an almost “real-time” window into how overseas investors have been behaving in recent weeks, Deutsche Bank’s head of FX strategy, George Saravelos, looked at the flows into a variety of funds that take money from overseas and channel it into US stocks and bonds.