I just finished to write the piece below about the dollar and an article on the first page of the Financial Times caught my attention. The title: "Sovereign funds cut exposure to weak US dollar."
Bottom line of the article? Large international investors find more attractive to cut deals with private equity funds in Europe.
We should not forget that globalisation is alive and well and that capital moves to the most attractive places.
Hello Washington, are you listening?
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George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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