Funny thing is that the Sovereign Wealth Funds who are denominated in USD with the current 25% drop have actually ended up being somewhat balanced wit the USD appreciation against the value of the currencies of the origin of the funds.
I think that this market situation may have additional elements to it that were not quite in any previous market crash insofar as the fact that Chinese and Middle Eastern money are providing a significant contribution to the US market.
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Funny thing is that the Sovereign Wealth Funds who are denominated in USD with the current 25% drop have actually ended up being somewhat balanced wit the USD appreciation against the value of the currencies of the origin of the funds.
Oct 27 08:17 am
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I think that this market situation may have additional elements to it that were not quite in any previous market crash insofar as the fact that Chinese and Middle Eastern money are providing a significant contribution to the US market.