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Beijing Crackdown Breathes New Life Into ‘America First’ Trade

(Bloomberg) -- There's been a growing sense in some Wall Street circles that the "America First" trade was just about played out in the stock market. After all, U.S. equities had become markedly more expensive than global peers, and with Covid vaccination rates in other parts of the world starting to catch up to U.S. levels, it was only a matter of time, the thinking went, before more money poured into those economies instead. Read More

from Financial Post https://ift.tt/3f2xivO
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