U.S. President Donald Trump listens during a news conference with Giuseppe Conte, Italy’s prime minister, not pictured, in the White House in Washington, D.C., U.S. (Photographer: Al Drago/Bloomberg)

‘America First’ Risks Making U.S. Assets a Costly Last Resort

(Bloomberg) -- America First seems to have become an investment theme by default, as money managers turn to the U.S. in a fraught global environment. The danger is that these flows may be concealin...

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