Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Are Investors Abandoning US Stocks?
Are investors abandoning US equities?
No. Yes. Maybe?
It's not a straightforward question. Answeri
It’s been two-months now. Exactly how many trade deals has Trump inked? I count the U.K. and that’s about it. Even if you reduce those negotiations to the 57 countries that have something more than the 10% across-the-board tariff he placed on everyone, you still have a very long way to go (not to mention the separate tariffs on steel and aluminum). Combined with his “Big Beautiful Bill” (where “BBB” actually refers to our country’s current bond rating), I am surprised the market has recovered as much as it has. The bond market has it right at this point (and they should probably be asking for even more). Something will break soon enough and the stock bulls will come to the same realization. (I have long feared unregulated crypto leading to the collapse of a reckless bank or two, but who knows?) To quote Dustin Hoffman from the movie Marathon Man. “It isn’t safe.”
H-Man, as the tide shifts, US equities are on the outbound tide while anything foreign is the inbound tide. Europe, Asia, other emerging markets all look better than US equities.