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In the age of Trump, America’s biggestforeign creditors are suddenly having second thoughts about financing the U.S. government.
In Japan, the largest holder of Treasuries, investors culled their stakes in December by the most in almost four years, the Ministry of Finance’s most recent figures show. What’s striking is the selling has persisted at a time when going abroad has rarely been soattractive. And it’s not just the Japanese. Across the world, foreigners are pulling back from U.S. debt likenever before.
After all the Michael Flynn scandals and overturned executive orders and middle-of-the-night disruptive tweets, Wall Street believes one thing above all — that the Trump administration will survive and the U.S. economy will thrive.
There's pretty much no other way to account for the way financial markets have managed to ignore the tumult in Washington and continue to reach new record highs.
Tony Blair has said it is his "mission" to persuade Britons to "rise up" and change their minds on Brexit.
Speaking in the City of London, the former prime minister claimed that people voted in the referendum "without knowledge of the true terms of Brexit".
President Donald Trump has a message for stock investors: You're welcome.
Trump pointed to new "confidence and optimism" for the stock market's latest record run in a tweet Thursday. The Dow Jones industrial average, S&P 500 and Nasdaq composite all closed at all-time highs for five days straight, entering Thursday's session.