Trump's restructuring of global trade system prompts investors to cut U.S. asset allocation

According to Jinshi data, Mercer Consulting analyzed that Trump's reconstruction of the global trade system and put pressure on the Federal Reserve to cut interest rates has prompted investors to cut US asset allocation. Hooman Kaveh, global chief investment officer in New York, revealed that the 3,900 customers he manages are continuing to shift funds from the United States to Europe, Japan and other markets. The outflow of funds stems from concerns about tariff policies, Trump’s intervention in the Federal Reserve, rising deficits and weaker dollar expectations. Kaveh said that the launch of Trump's second term has become a catalyst for truly diversified allocation, and client portfolios are flowing to diversified markets, regions, asset classes and currencies.