There’s now a market premium on patriotism wealth managers and their clients need to contend with and it’s called the “sell America trade.” Or maybe not.
The sell America trade, to offer the best definition possible, is when investors unload their US assets en masse in favor of foreign markets or geopolitically neutral safe havens like gold. Such moves have generally occurred in reaction to a President Trump tariff announcement, policy statement or social media posting that sparks a loss of confidence in the American economy or financial markets.
Investment Partner Thomas Raymond recently spoke with Investment News on why investors should be skeptical of a long-term impact of what could be a short-term theme.