Global Traders Flood American Markets in Search for Safety
- Money flooding stocks and company notes shows faith in US
- Diversification in doubt amid decade-long S&P 500 dominance
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Stung at home by fraught politics and flat economies, international investors are squeezing themselves further into the crowded trade that is American markets.
Over the last month, about $30 billion of fresh money has flooded into stock funds, with 94% of the allocations lavishing US assets — tech shares in particular — according to EPFR Global data compiled by TD Securities.