Bank of America: Trade war hits' American exceptionalism ', leading to a sharp decline in the global capital share of US stocks

Odaily Planet Daily News: Strategists at Bank of America have stated that as the trade war raises questions about the so-called "American exceptionalism," the proportion of global stock market funds flowing to the United States will significantly decrease by 2025. The Bank of America team cited data from EPFR Global in a report stating that so far this year, US stock funds have attracted less than half of global capital inflows, compared to 72% in 2024. Over the past three months, foreign capital inflows have slowed to less than $2 billion, compared to $34 billion in January of this year. Trump's unstable trade policies, expanding fiscal deficits, and constantly depreciating US dollar have dampened investors' enthusiasm for US assets. Some asset management companies have warned that due to the political risks brought by the Trump administration, the United States is no longer a safe investment destination for foreign investors. (Golden Ten)