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Sovereign

Strain on Sovereign Wealth Funds Could Spark Another Stock Market Plunge

The U.S. stock market is at risk of a further sell-off as sovereign wealth funds ready to dump stocks. Oil prices are straining the cash-buffer of wealth funds, and selling stocks would alleviate some pressure. The U.S. economy faces additional pain as regional economies slump. The U.S. stock market has recovered by 16.3% since hitting…