Running away from the US stock market -- historic!
A survey by Bank of America Merrill Lynch shows that global investors are pulling out of U.S. stocks at a record pace: the net exposure to U.S. stocks held by 164 institutional investors (with assets under management of $386 billion) has dropped by 53 percentage points in two months, marking the largest decline ever. They have currently reduced their holdings in U.S. stocks by 36%, the lowest level since May 2023
A survey by Bank of America Merrill Lynch shows: Global investors are withdrawing from U.S. stocks at a record pace:
The net exposure to U.S. stocks held by 164 institutional investors (with assets under management of $386 billion) has decreased by 53 percentage points in 2 months, marking the largest decline in history.
They have currently reduced their holdings in U.S. stocks by 36%, the lowest level since May 2023.
