Foreign capital flows into US stocks hit record as appetite for debt fades

Foreign capital has been flooding into US stocks at an unprecedented rate, with overseas purchases hitting a staggering $940 billion in the past year up to July. This surge in investment comes as the S&P 500 experienced significant gains, reflecting a strong appetite for American equities. Meanwhile, the appetite for US debt has waned, indicating a shift in global financial strategies. This trend underscores the resilience and attractiveness of the US market amidst a changing global investment landscape.