“Bye America” Money Move? US Investors Pull $75B From US Stocks in 6 Months (Fastest in 16 Years) 
- 13 hours ago
- 2 min read
For years, the story was simple: “Buy America.”
Now the data is hinting at something new: US investors are pulling money out of US equities—fast.
The headline numbers (the part you should actually remember)
~$75 billion pulled from US equity products in the last 6 months (fastest pace in at least 16 years)
~$52 billion outflow since the start of 2026 — the biggest “first 8 weeks” exit since at least 2010 (LSEG/Lipper data)
Bank of America’s fund manager survey shows a faster switch into emerging markets, at the quickest pace in ~5 years
So… why are US investors doing this now? (Ultra-easy explanation)
1) Big Tech isn’t “easy money” anymore
A lot of US performance was carried by a few mega tech names. When that trade starts feeling crowded and expensive, money naturally looks for cheaper alternatives elsewhere.
2) “High valuation fatigue” is real
When prices run far ahead of fundamentals, even good news stops moving stocks up. That’s when investors start asking a simple question:
“What if the next 12 months are average?”
3) A global rotation is quietly building
Reuters notes investors are redirecting flows toward markets that look more attractive on valuation and sector mix (think banks/industrials in some regions), instead of only US tech.
4) Even a weaker dollar isn’t stopping the shift
Normally, a weaker dollar can make foreign investing feel “costly.” Yet the rotation is still happening—meaning the intent is strong: diversification is the priority.
Why this matters (without overthinking)
This doesn’t mean “US is finished.”
It simply means: money is no longer one-way.
When US investors themselves diversify globally, it can support:
stronger flows into international and emerging market equities
more attention on markets that were ignored during the “US-only” phase
Nishi’s takeaway (simple, practical)
If one country dominates everyone’s portfolio for years, eventually a balancing move comes.
This looks like that phase.
Not a one-day headline… more like a slow trend.
Disclaimer: This post is a news explainer for education only, not investment advice.
