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Is the "USA exceptionalism" collapsing? Europe and Emerging Markets are rising strongly, and Global capital is beginning a "great migration".
Emerging Markets MMF and stock markets rose, while Germany's spending plans also boosted Europe Assets.
Sell European bonds, buy Military Industry! Traders in Europe believe: the world has changed...
① This Monday, while the American Financial market was closed for Presidents' Day, the activity in the Europe market seemed quite significant; ② Local market investors were selling European Bonds and Buying Defense stocks, as there were outside speculations that the meeting of EU leaders in Paris would point towards increasing Europe’s security spending.
