New York CNN —
The US stock market has been the gold standard for decades. But investors around the globe are growing increasingly nervous about the fallout from President Donald Trump’s economic agenda. That has sent traders in search of stocks in Europe and Asia.
Wall Street has seen the largest drop in allocation to US stocks on record since data collection began in 1999, according to a Bank of America survey. Meanwhile, the survey showed the largest increase in allocation to European stocks since 2021.
That’s in part because investors think US exceptionalism may
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