2025 Marketing & Communication Strategy

02. MACROECONOMICS & STRATEGY

United States: Above-potential growth financed externally, particularly from the eurozone...

Outstanding US Treasury securities held by foreigners ($bn)

Direct financial investment in the United States (in $T)

Chart Title

Chart Title

1800

6

1600

5

1400

4

1200

3

1000

800

2

600

1

400

2012

2014

2016

2018

2020

2022

2024

0

China

Japan Eurozone

2006 2008 2010 2012 2014 2016 2018 2020 2022

Public

Sources: OCDE, Macrobond, Trésor américain, Rexecode, Rothschild & Co Asset Management – 10/2024 This presentation contains historical market data. Historical market trends are not a reliable indicator of future market behaviour. These data are provided for illustrative purposes only. Depending on the date of publication, the information presented may differ from the updated data.

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