Half of Foreign Investors Threaten to Cut Investments in U.S. Due to Washington Budget DiscordQuicklink submitted by Amanda Lang Permalink
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|The ongoing stalemate in Washington between Republicans and Democrats to forge long-term budget and deficit-reduction solutions has made international investors leery of American markets.
A new Bloomberg poll of 921 subscribers to Bloomberg Professional service revealed that 47% of global investors surveyed said they are reducing their investments in the U.S. as a direct result of "repeated confrontations between the U.S. Congress and President Obama."
More than a third of respondents said the nation's fiscal problems pose the biggest threat to the world economy, while 29% chose Europe's sovereign debt crisis and 15% named China's slowing economy.
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