Investors are growing concerned about a U.S. asset exodus as Treasurys and the dollar decline
www.cnbc.com
The combined decline of U.S. stocks, bonds and the dollar could be a sign of a broader shift away from investing in America.
  • disguy_ovahea@lemmy.world
    43·
    7 days ago

    Carney is a smart guy. He met with leaders in the EU and discussed a slow selloff of US Treasury bonds to remind Trump that the US is being propped up by the rest of the world. The next day, Trump paused the tariffs citing “people getting too yippy” as his justification.

    It’s great to see intelligent and composed leaders put him in his place. China said, “we have been here for 5,000 years, most of that time without the US, and we expect to be here for 5,000 more.” That’s some Teddy Roosevelt shit right there.

  • Psythik@lemm.ee
    8·
    7 days ago

    I’d like to start storing my money in EUR instead of USD. Is there an easy and simple way to do this digitally with minimal fees?

    • ieatpillowtags@lemm.ee
      6·
      7 days ago

      Some banks, like HSBC, will allow you to hold foreign currency accounts. There are also things like Wise, but I haven’t looked much in to it.

      I don’t see the point of holding EUR though as you can’t spend them here. You’d be better off investing in a currency ETF, or just international stocks/funds if your goal is to diversify from the US.