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SMHMoney is flowing out of Wall Street, so where is it...

  1. TPK
    1,105 Posts.
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    29/04/25
    11:17
    Post #: 78838175

    SMH
    Money is flowing out of Wall Street, so where is it going?

    Sumeyya Ilanbey
    BySumeyya Ilanbey
    April 28, 2025 — 5.00am


    Investors who are dumping American stocks following US President Donald Trump’s global tariff war are turning to the Australian sharemarket as they seek safe havens around the world amid economic volatility.

    While the S&P/ASX 200 is down more than 4.5 per cent since Trump’s presidential inauguration on January 20, the local bourse has outperformed the major Wall Street indexes since Trump unveiled a wave of tariffs on so-called Liberation Day earlier this month.

    Last edited by TPK: 29/04/25
    RNU Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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