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Friday, June 14, 2024

Global Traders Flood American Markets in Search for Safety

 

  • Money flooding stocks and company notes shows faith in US
  • Diversification in doubt amid decade-long S&P 500 dominance

Stung at home by fraught politics and flat economies, international investors are squeezing themselves further into the crowded trade that is American markets.

Over the last month, about $30 billion of fresh money has flooded into stock funds, with 94% of the allocations lavishing US assets — tech shares in particular — according to EPFR Global data compiled by TD Securities.

https://www.bloomberg.com/news/articles/2024-06-14/buy-america-is-rallying-cry-for-global-traders-seeking-safety

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