This overlooked risk to financial markets is ‘shouting, not whispering’
President Donald Trump’s trade war has focused much of Wall Street’s attention on the U.S. current account deficit, or the imbalance between imports and exports. But there’s another metric worth following that could worsen financial risks. According to Kevin Ford, FX and macro strategist at Convera, the country’s net international investment position (NIIP) often gets … Read more