Foreigners selling US equities at record pace

From Torsten Sløk, Ph.D.:

Foreign purchases of US equities have traditionally been highly correlated with the S&P500, see chart below. Since the financial crisis, however, the rest of the world has gradually been losing appetite for US stocks, and foreign selling of US equities is currently at an all-time high.

Source: Torsten Sløk, Ph.D., Deutsche Bank Securities

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