‘Sell America’ returns to Wall Street after Trump ups the ante against Jerome Powell and the Fed
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January 12, 2026
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By John Towfighi, CNN New York (CNN) — Investors took one look at the Trump administration’s criminal investigation of Fed Chair Jerome Powell, and they decided to resuscitate the “Sell America” trade, selling off US stocks, bonds and the dollar. Stock futures traded lower Monday morning. Dow futures were down 350 points, or 0.7%. S&P
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