Investors retreat from US stocks and dollar as Trump’s tariff war sparks global market unease
Institutional investors are pulling back from US equities and the dollar in record numbers, as President Trump’s aggressive tariff policies send shockwaves through global markets and push growth expectations to a 30-year low. According to the latest Bank of America survey of top fund managers, investors are adopting their most bearish stance on the dollar in nearly two decades. The poll, conducted between April 4 and 10, surveyed 164 institutional investors managing a combined $386...