U.S. capital influx raises specter of 'Imperial Circle' warned of by Soros

Market distortions create risks for Japan stocks but also may bring opportunities

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George Soros warned in the 1980s that the concentration of foreign money and goods in the U.S. was unsustainable. © Reuters

KAZUAKI FUJITA

TOKYO -- As U.S. President Donald Trump's second administration pushes forward with its drive for American dominance, the concentration of global capital there risks distorting financial markets in a manner that reminds some market watchers of the 1980s.

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