Foreign money is pouring into US stocks at a historic pace.
June alone: $181B in foreign purchases. Private buyers grabbed $145B of that — an annualized run rate of $1.7T, the highest ever recorded.
Last 3 months combined: $351B from private investors. That's a $1.4T annualized pace, smashing the previous 2025 record by roughly $400B.
Meanwhile, central banks and sovereign funds? Just $37B in June. Private investors now make up 80% of all foreign equity inflows.
The world clearly sees US equities as the place to be. Whether it's growth expectations, relative stability, or dollar strength driving this — the demand signal is unmistakable.
This kind of sustained foreign appetite can support valuations and liquidity, but it also raises the stakes if sentiment shifts or if the dollar weakens sharply. For now, though, the bid is real and record-breaking.
June alone: $181B in foreign purchases. Private buyers grabbed $145B of that — an annualized run rate of $1.7T, the highest ever recorded.
Last 3 months combined: $351B from private investors. That's a $1.4T annualized pace, smashing the previous 2025 record by roughly $400B.
Meanwhile, central banks and sovereign funds? Just $37B in June. Private investors now make up 80% of all foreign equity inflows.
The world clearly sees US equities as the place to be. Whether it's growth expectations, relative stability, or dollar strength driving this — the demand signal is unmistakable.
This kind of sustained foreign appetite can support valuations and liquidity, but it also raises the stakes if sentiment shifts or if the dollar weakens sharply. For now, though, the bid is real and record-breaking.
