It turns out that all the
The real mantra from global investors is more like “Hedge America” — that is, keep snapping up US stocks and bonds but do so while buying derivatives that protect those investments against any further declines in the dollar.
Starting around mid-year, and for the first time this decade, flows into dollar-hedged exchange-traded funds that buy US assets have outpaced those into unhedged funds, according to Deutsche Bank AG, which said the shift occurred at
What it boils down to ...