Global investor rush into US stocks
Global investors are rushing into US stocks like never before:
Global inflows into US stock ETFs reached ~$145 billion year-to-date, the most on record.
This is $10 billion higher than the previous high seen in 2021 and DOUBLE the amount posted last year.
The vast majority of inflows, at ~$105 billion, came from Europe, and $40 billion from the Asia Pacific region.
For many, US equities are now serving as a "safe haven" trade in times of economy uncertainty.
Truly unprecedented.
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