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“A tale of two bubbles: Japan and US stocks collapse as inflation trade sours”

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Author: climateer
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 David Goldman makes an observation, August 6, that I haven’t seen elsewhere: ….We wrote in Asia Times’  Global Risk-Reward Monitor on July 31: “Since
2017, foreign holdings of US Treasuries have risen to $8 trillion from
$6 trillion, while foreign holdings of US equities jumped to $15
trillion from $6 trillion. America’s leadership in artificial
intelligence and the chip
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