Reported 2 days ago
Amid concerns over U.S. fiscal policies and rising debt, global investors are pulling money from U.S. equities, leading to significant outflows from mutual funds and ETFs. In May, U.S. funds experienced a $24.7 billion outflow while European funds attracted $21 billion, marking the highest year-to-date inflows in four years. Analysts suggest that the shift is driven by a weakening dollar and improving conditions in Europe and emerging markets, with a growing preference for regions with stronger economic fundamentals and appreciating currencies.
Source: YAHOO