Avanza is one of the largest banks in Sweden, and in their monthly blogg, they’re noticing a big movement where Swedes are selling their American funds and shares, to buy Swedish/European instead.
Avanza is one of the largest banks in Sweden, and in their monthly blogg, they’re noticing a big movement where Swedes are selling their American funds and shares, to buy Swedish/European instead.
Canadian here, I did the same last week. I’m already boycotting the US and I don’t want my money in their economy in any form.
Why would anyone invest in a country killing all trade deals, going into massive debt they can only deal with hyper-inflation, while funding expensive wars and their own civil war? It’s just bad economic advice.
You can still buy derivatives from a local broker. No money would go to the US since you are just making a bet with the broker.