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Swedish small savers cut US exposure as stocks surge

Economy & businessEconomy
Key Points
  • Swedish small savers reduced US exposure after Trump's return
  • American stocks have surged
  • The reduction appears to have been a mistake economically

Many Swedish small savers have reduced their exposure to the United States since Donald Trump's return to the White House, according to a report in Svenska Dagbladet. The shift comes as American stocks have surged on the stock exchanges, the newspaper noted. From a purely economic perspective, the reduction appears to have been a mistake, the report indicates, potentially costing savers gains from the rally.

The exact number of savers, the time frame, and the reasons for the move remain unknown.

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Helsingborgs DagbladNerikes AllehandaVestmanlands Läns TidningSydsvenskanSvenska Dagbladet+5
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Swedish small savers cut US exposure as stocks surge | Reed News