Merrill Lynch is urging investors to embrace a fundamental shift in their investing strategy as U.S. and Western economic domination crumbles.
The company is pressing its clients to revamp their investing strategy — even their basic beliefs about how to choose investments — in the face of world geopolitical change, according to The Financial Times.
In this new investing world, U.S. Treasurys and gold are out, or at least much less important. Investments now considered off-beat, like Australian sovereign debt and Singaporean bank bonds, are in.
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