INSIGHTS: Global capital is flooding into U.S. stocks. $121,000,000,000 in foreign purchases in May alone. Second largest monthly inflow ever recorded. $270,000,000,000 year to date. Now look at where that money is coming from. South Korea. $31,000,000,000 dumped in June. Record outflow. Taiwan. $18,000,000,000 sold in June. Second largest ever. The money leaving Asia is landing in America. This is not random portfolio rebalancing. This is a global rotation. Out of emerging markets. Into U.S. equities. When capital moves at this scale and speed. It doesn't reverse quickly. America is the destination. Everyone else is the source.
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