Just looking at US money flows when considering world stock markets is being short-sighted. It makes sense that US investors would mainly invest in the US. I would suspect if this report was written using European flows, you'd see something similar in that the bulk of European investments went into European stocks.
I do agree that the valuation gap and outperformance of the US bodes very well for European stocks going forward though.
Just looking at US money flows when considering world stock markets is being short-sighted. It makes sense that US investors would mainly invest in the US. I would suspect if this report was written using European flows, you'd see something similar in that the bulk of European investments went into European stocks.
I do agree that the valuation gap and outperformance of the US bodes very well for European stocks going forward though.