....I told you about this a couple of weeks ago and I told you why they are and would be selling.
> US market starts to underperform Europe and China- a first in recent times
> US market rolling over
> Mag7 rolling over
> US Dollar rolling over
> US market overvalued and heading for mean reversion
> And we have a US President that undertakes actions knowingly will hurt economy and markets and divorcing himself from Western alliance values
So with considerable paper gains from early investments, it makes compelling reason for foreign funds to divorce themselves from US market.
Foreigners hold a record amount of US stocks. And they have just started selling. Deutsche Bank says that there could easily be one trillion dollars of foreign selling. This is way bigger than the corporate demand (=the biggest buyer) https://x.com/themarketear/status/1903401017318031837
