7 years ago
China is selling its giant hoard of U.S. government bonds, even before Trump arrives
Donald Trump isn’t even in office yet, but the prospect of his presidency is already reshaping the complex flows of international capital. Take the U.S. dollar: It’s been rising fast since the businessman and reality-TV star stunned the world last month when he won in enough states to claim an Electoral College victory in the presidential election. The dollar has moved sharply higher and is now hovering at around a 14-year high.
Continue Reading
https://news.vice.com
Join the Discussion