Here’s what firms managing $20 trillion are actually doing. And they’re not buying U.S. stocks.
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Photo: Getty Images. Referenced Symbols. EURUSD. +0.44% · GC00. +1.47% · USDJPY. -0.32% · CL00. -0.86% · DXY. -0.45% · CHFUSD. +0.34%. While retail …