By Ian Smith and Mary McDougall
Financial Times, London
Saturday, May 10, 2025
The dumping of U.S. assets in favor of Europe's resurgent markets signals the start of a much longer-term move by pension funds and other big institutional money managers to cut back their huge exposure to dollar investments, investors say.
Wall Street banks say they are seeing signs that investors managing trillions of dollars of assets are starting to trim their U.S. positions, on concerns over erratic policymaking, President Donald Trump's attacks on the Federal Reserve chair, and the fallout from the trade war.
... Dispatch continues below ...
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First Majestic Announces Q1 Results with Record Cash Position
Company Announcement
Wednesday, May 7, 2025
Vancouver, British Columbia, Canada -- First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) is pleased to announce the company's unaudited condensed interim consolidated financial results for the first quarter ended March 31, 2025. ...
"Our robust production for Q1 has yielded strong financial performance for the quarter," President and CEO Keith Neumeyer said. "We have hit multiple record financial metrics including a record $110 million in cash flow from operations and the highest treasury balance in the company's 21+-year history, our balance sheet has never been stronger, and we are on track to have a stellar year. Our focus remains to deliver on our commitments in producing safe and profitable ounces." ...
... For the remainder of the announcement:
Although U.S. stocks have almost recovered their losses since Trump's so-called "liberation day" tariff announcements rocked global markets last month, they remain in negative territory this year and behind global peers. The dollar is down more than 7% this year, with some investors pointing to "capital flight" from the U.S. to other assets such as German government debt. ...
... For the remainder of the report:
https://www.ft.com/content/4d7892b3-ec07-4ae9-ae93-dcd34ad42c5b [2]
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