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Comment by bhouston

Politics drives decision making in addition to just seeking returns, especially for government affiliated funds, e.g.:

https://www.reuters.com/business/swedish-pension-fund-alecta...

https://www.cbsnews.com/news/danish-pension-fund-treasuries-...

(And remember that India and China combined reduced their holdings of US treasures by at least $50B in 2025: https://economictimes.indiatimes.com/news/india/amid-global-... )

Canadian tourism visits to the US have dropped massively in the last year, not because Canadian tourist spots are better or more fun now (e.g. pure market forces), but again because of politics:

https://www.bbc.com/travel/article/20251211-where-are-all-th...

parent bhouston 9 months ago

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