The Economist (April 19)
The dollar is meant to be a source of safety. Lately, however, it has been a cause of fear. Since its peak in mid-January the greenback has fallen by over 9% against a basket of major currencies.” Meanwhile, the yield on Treasuries has been rising. “That mix of rising yields and a falling currency is a warning sign: if investors are fleeing even though returns are up, it must be because they think America has become more risky,” which explains the rumors that “big foreign asset managers are dumping greenbacks.”
Tags: Asset managers, Basket, Dollar, Dumping, Falling, Fear, Fleeing, Greenbacks, Investors, Major currencies, Peak, Returns, Risky, Safety, Treasuries, Warning sign, Yields
Wall Street Journal (December 8)
“The S&P 500 is having its best run in six years, but individual investors are fleeing stock funds at the fastest pace in decades…. Investors have pulled $135.5 billion from U.S. stock-focused mutual funds and exchange-traded funds so far this year, the biggest withdrawals on record.” And, surprisingly, this may be a good sign for the stock market. The outflows show “investors aren’t chasing the stock market’s strong performance…. This suggests major indexes like the S&P 500 still have plenty of room to run after a decadelong rally.”
Tags: ETFs, Fleeing, Investors, Mutual funds, Outflows, Stock funds, U.S., Withdrawals
The Hill (November 18)
“Next year, the number of Venezuelans fleeing their country will overtake the Syrian exodus. To date, more than 4 million have left. One-third of these refugees and migrants are sheltering in Colombia, which has maintained a very generous open-door policy,” but is showing signs of being overwhelmed. Colombia “indeed appears headed towards a tipping point. Such an outcome would exacerbate the regional humanitarian crisis triggered by Venezuela’s collapse.”
Tags: Collapse, Colombia, Exodus, Fleeing, Generous, Humanitarian crisis, Migrants, Overwhelmed, Refugees, Sheltering, Syria, Tipping point, Venezuela
