...this is another reason why the US market is at an increasingly 'dangerous' place.
...high foreign investment exposure means Wall St can be susceptible to a setback created by pullout by foreign investors, whether due to yen carry trade reversal, an event led correction that precipitates the pullout and in anticipation of a reversal of the dollar's present strength.
....the Saudis sold down their US stocks recently is one indication that this could happen.
Stock outperformance has lead to increased investments in the US markets from foreign buyers.