Tuesday, August 16, 2005

American investors move away from US assets

US investors diversify and add to the need for the US to attract overseas finance in order to maintain the value of the US dollar.
FT.com / Home UK - American investors move away from US assets: "�It is partly because of the dollar, partly corporate scandals. Both have been a wake-up call to investors with too much exposure to US equities,� said Brian Garvey, strategist at State Street bank."

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