A slight sell-off by foreign investors could rock the US stock market, says veteran CIO
From Yahoo Finance: 2025-04-28 09:11:00
Former Bridgewater Chief Investment Officer Rebecca Patterson expressed concern after the IMF’s annual spring meetings in D.C., stating the market may be too optimistic post-April Trump tariff rout. Foreign investors are reevaluating US assets, potentially pulling $1.2 trillion away. The S&P 500 rallied after mixed earnings reports, but still down 10% from mid-February peak. Patterson’s caution contrasts recent market trends. Japan’s Topix Index slightly recovered from tariff scheme announcement. Gold trade cools; S&P 500 P/E ratio at 19.9. Morgan Stanley strategist warns of policy volatility impact on foreign investment in US assets, potentially affecting the dollar. Patterson’s concerns align with skepticism of market rally amid policy uncertainties. Yahoo Finance’s Opening Bid podcast provides in-depth analysis on current market trends. Brian Sozzi leads conversations with industry experts on the show. 1. The unemployment rate in the United States has dropped to 4.2% in September, the lowest since the start of the pandemic. This decrease is attributed to the addition of 194,000 jobs in the month, exceeding expectations.
2. The FDA has authorized an additional COVID-19 booster shot for adults aged 65 and older, as well as for individuals at high risk of severe illness. This decision comes as cases of the Delta variant continue to rise in certain parts of the country.
3. A new study has found that eating a diet rich in fruits, vegetables, whole grains, and lean proteins may reduce the risk of developing Alzheimer’s disease. Researchers discovered that individuals who followed this diet had a significantly lower risk of cognitive decline.
4. The United Nations has reported that global greenhouse gas emissions reached a record high in 2020, despite the COVID-19 pandemic. The report highlights the urgent need for countries to take action to reduce emissions and combat climate change to prevent further environmental damage.
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