Global investors dump US stocks at record pace

[SouthernCal_Dem]

Global investors dump US stocks at record pace, BofA survey says
By Reuters

LONDON, April 15 (Reuters) - Global investors have slashed their holdings of U.S. stocks by a record amount in the past two months, a trend that is likely to continue given a record number of managers say they plan to keep cutting their exposure, BofA Global Research said on Tuesday.

Respondents to BofA's monthly survey of fund managers were a net 36% underweight U.S. equities, the most in nearly two years, a number that has plunged by 53 percentage points since February, the biggest such fall on their records.

A majority think a trade war that triggers global recession is the biggest risk for markets, according to the survey.
U.S. President Donald Trump's aggressive tariff plans have sparked a selloff in U.S. assets, including stocks, the dollar and Treasury bonds. The market rebounded on Monday, but the broad-market S&P 500 index (.SPX), opens new tab is still down about 8% so far this year.

BofA polled 164 investors with $386 billion of assets under management.

There were further signs of nervousness in the survey, particularly about U.S assets.

https://www.reuters.com/business/finance/global-investors-dump-holdings-us-stocks-record-pace-bofa-survey-says-2025-04-15/