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'Large number of foreign investors' skittish about investing in America, longtime investor Rebecca Patterson warns

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Patterson, who served as Bridgewater's chief investment strategist, contends they're gradually reducing exposure to U.S. assets and the impact could be significant. Her prediction comes after having conversations with participants in last week's World Bank and International Monetary Fund meetings in Washington.
Rebecca Patterson, a seasoned investor and former chief investment strategist at Bridgewater Associates, has raised concerns about the hesitancy of foreign investors to invest in the U.S. due to political uncertainties and economic challenges. In an interview with CNBC, Patterson highlighted that the upcoming U.S. presidential election and the potential for increased protectionism are causing unease among international investors. She noted that the U.S. is facing significant fiscal challenges, including a ballooning national debt and persistent inflation, which further contribute to the reluctance of foreign capital to enter the American market. Patterson emphasized the need for the U.S. to address these issues to restore confidence and attract foreign investment.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/money/markets/large-number-of-foreign-investors-skittish-about-investing-in-america-longtime-investor-rebecca-patterson-warns/ar-AA1E2Ta9 ]