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'Trump rally' hearkens back to 1929

One US investment manager is telling clients to hold more cash

An electronic board in central Tokyo shows the Nikkei Stock Average as well as indexes of other markets on June 2.

TOKYO -- U.S. President Donald Trump's protectionism is shaking the global political and economic orders. But the stock market continues running up as though there were no Trump risk.

Investors are in a box they don't recognize.

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