The money flow into US stocks right now is genuinely wild.
Since 2020: $2.1 trillion into US equity funds.
Just in 2024 alone: $1.5 trillion.
That's 4.5x what Emerging Market Asia got ($470B). Europe? Down $426B in outflows.
Last week, global equity funds pulled in $89B. That pushed the 4-week total to a record $266B. US funds alone grabbed $32B of that.
This isn't diversification. This is concentration. Everyone's piling into the same trade.
When capital moves this one-sided, it creates momentum—until it doesn't. The inflows are real, the performance has been real, but crowded trades eventually need an exit plan.
Right now, there's no fear. Just FOMO and flow.
Since 2020: $2.1 trillion into US equity funds.
Just in 2024 alone: $1.5 trillion.
That's 4.5x what Emerging Market Asia got ($470B). Europe? Down $426B in outflows.
Last week, global equity funds pulled in $89B. That pushed the 4-week total to a record $266B. US funds alone grabbed $32B of that.
This isn't diversification. This is concentration. Everyone's piling into the same trade.
When capital moves this one-sided, it creates momentum—until it doesn't. The inflows are real, the performance has been real, but crowded trades eventually need an exit plan.
Right now, there's no fear. Just FOMO and flow.
