economy
March 12, 2026
'Winners Have Become Losers, Losers Have Become Winners'
The war in the Middle East is causing some investors to re-tilt their portfolios away from the 'Sell America' trade.

TL;DR
- Global investors are shifting away from 'Sell America' trades due to the Iran war.
- The U.S. market has transitioned from worst-performing to best-performing.
- This shift is seen as a rotation of assets rather than a simple risk-off move.
- The U.S. benefits from higher oil prices as a net energy exporter.
- Europe and Asia, as net importers, are more negatively impacted by rising oil prices.
- Japan is also seen as a beneficial market, offering strong earnings revisions and being less impacted by oil price hikes compared to European markets.
Continue reading the original article