Funds’ shift away from US isn’t just about the debt ceiling

The flow of funds out of U.S. equities and bonds and into Europe isn’t just about the U.S. government’s shutdown and debt impasse, with improvements in Europe and structural issues in the U.S. also at play. “While we don’t expect a U.S. debt default, an extension to the debt ceiling will only m…

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Funds’ shift away from US isn’t just about the debt ceiling

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