TOM LUONGO: first phase of the crisis, repatriation to avoid liquidations.

. . . overseas investors still own ~$16 trillion of US stocks, or ~23% of total US stock market value.  

as @SantiagoAuFund pointed out in Ep.#214 of the GGnG Podcast... this is the first phase of the crisis, repatriation to avoid liquidations.

The next wave is dollar positive. https://t.co/jlJSXDJOU0

— Tom Luongo (Head Sneetch) (@TFL1728) April 28, 2025

BREAKING: Foreign investors have sold $22 billion of US stocks so far in April, according to Goldman Sachs. This follows a whopping $41 billion sold in March, the most in at least a year. High-frequency fund flow data suggests that the biggest sellers have been European investors. However, overseas investors still own ~$16 trillion of US stocks, or ~23% of total US stock market value. As money has flowed out of the US, the Euro has strengthened against the US Dollar by 9.5% since the beginning of March.

Will Europeans continue moving money back home?