Foreign money is flooding into US stocks at a historic pace.
Q2 2026: +$426B net bought by foreign investors — the largest quarterly purchase ever recorded. Previous record was +$299B back in Q2 2022.
That's 9 straight quarters of net buying, totaling +$1.6T.
Over the trailing 12 months through July: +$942B into US equities and investment funds — the biggest rolling annual total since Treasury data began in 1985.
Meanwhile, foreign appetite for US debt cooled a bit. They bought +$188B in bonds in Q2, down from +$314B in Q1.
The pattern is clear: global capital wants exposure to American equities. Whether it's AI hype, relative growth strength, or dollar stability, foreign investors are voting with their wallets.
This kind of sustained inflow provides a structural bid under the market. It also raises questions about what happens if sentiment shifts or if other markets become more attractive. For now, though, the US remains the magnet.
Q2 2026: +$426B net bought by foreign investors — the largest quarterly purchase ever recorded. Previous record was +$299B back in Q2 2022.
That's 9 straight quarters of net buying, totaling +$1.6T.
Over the trailing 12 months through July: +$942B into US equities and investment funds — the biggest rolling annual total since Treasury data began in 1985.
Meanwhile, foreign appetite for US debt cooled a bit. They bought +$188B in bonds in Q2, down from +$314B in Q1.
The pattern is clear: global capital wants exposure to American equities. Whether it's AI hype, relative growth strength, or dollar stability, foreign investors are voting with their wallets.
This kind of sustained inflow provides a structural bid under the market. It also raises questions about what happens if sentiment shifts or if other markets become more attractive. For now, though, the US remains the magnet.
