Taking Stock of the ‘Sell America’ Trade episode artwork

EPISODE · Apr 24, 2025 · 20 MIN

Taking Stock of the ‘Sell America’ Trade

from The Journal. · host The Wall Street Journal & Spotify Studios

Something strange happened in the US financial system earlier this week: the stock market, the bond market, and the value of the dollar all slumped. This volatility andrecent threats to fire Fed chief Jerome Powell are unnerving foreign investors, who are flocking to a new phenomenon called the Sell America trade. WSJ’s Chelsey Dulaney explains what Sell America means for decades of American finance primacy. Jessica Mendoza hosts. Further Listening: -Trump’s Tariffs Force a New Era in Global Trade  -Trump Allies Draft Plans to Rein in the Fed   Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Something strange happened in the US financial system earlier this week: the stock market, the bond market, and the value of the dollar all slumped. This volatility andrecent threats to fire Fed chief Jerome Powell are unnerving foreign investors, who are flocking to a new phenomenon called the Sell America trade. WSJ’s Chelsey Dulaney explains what Sell America means for decades of American finance primacy. Jessica Mendoza hosts. Further Listening: -Trump’s Tariffs Force a New Era in Global Trade  -Trump Allies Draft Plans to Rein in the Fed   Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Taking Stock of the ‘Sell America’ Trade

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This episode was published on April 24, 2025.

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Something strange happened in the US financial system earlier this week: the stock market, the bond market, and the value of the dollar all slumped. This volatility andrecent threats to fire Fed chief Jerome Powell are unnerving foreign investors,...

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