logo
US stocks pie in global flows has plunged in 2025: BofA

US stocks pie in global flows has plunged in 2025: BofA

Time of India18-07-2025
The share of global equity flows heading to the US has plunged in 2025, strategists at
Bank of America Corporation
said, as the trade war raises doubts about so-called American exceptionalism.
US stock funds attracted just under half of total flows so far this year, compared with 72% in 2024, the
BofA
team said in a note, citing figures from EPFR Global. Foreign inflows slowed to less than $2 billion in the past three months from $34 billion in January.
Explore courses from Top Institutes in
Select a Course Category
Design Thinking
Artificial Intelligence
Data Science
Management
MCA
Cybersecurity
Leadership
Digital Marketing
Data Science
Data Analytics
PGDM
Others
healthcare
Public Policy
MBA
CXO
Product Management
Project Management
Healthcare
Degree
others
Finance
Technology
Operations Management
Skills you'll gain:
Duration:
25 Weeks
IIM Kozhikode
CERT-IIMK PCP DTIM Async India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
22 Weeks
IIM Indore
CERT-IIMI DTAI Async India
Starts on
undefined
Get Details
President Donald Trump's erratic trade policy, a ballooning fiscal deficit and a slumping dollar have strained investor enthusiasm for American assets. While the S&P 500 has recovered from an April low after Trump paused the harshest tariffs in a century, the benchmark still trails international peers this year.
Some asset managers have warned that the US has ceased to be a secure destination for foreign investors because of political risks posed by the Trump administration. A recent tech-led rebound in the S&P 500 to fresh records suggest investors are too complacent about the economic impact of higher tariffs, forecasters at UBS Group AG said this week.
Markets have also quickly shaken off the latest signs of rising tension between the President and Federal Reserve Chair Jerome Powell. Trump, who has repeatedly called for the central bank to lower borrowing costs, has discussed the possibility of firing the Fed chief with Republican lawmakers.
Live Events
BofA strategist Michael Hartnett said in Friday's note that investors were "front running" a Fed capitulation on interest rates. He reiterated his view that a bubble was brewing in
US stocks
, and that the clearest sign of this would be if the market ignored an increase in inflation expectations and bond yields hitting new highs.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

5 facts on Priya Sachdev Kapur, at the centre of ₹30,000 crore succession battle
5 facts on Priya Sachdev Kapur, at the centre of ₹30,000 crore succession battle

Hindustan Times

time8 minutes ago

  • Hindustan Times

5 facts on Priya Sachdev Kapur, at the centre of ₹30,000 crore succession battle

Priya Sachdev Kapur, a businesswoman and former model, is once again in the public eye - this time over a growing dispute within the powerful Kapur family following the sudden death of her husband, industrialist Sunjay Kapur. As controversy surrounds control of the ₹30,000-crore Sona Group, here are five key facts about her: Priya Sachdev Kapur married Sunjay Kapur in 2017. 5 facts about Priya Sachdev Kapur Priya holds a degree in mathematics and business management from University College London and began her professional life in M&A at Credit Suisse First Boston in London. She returned to India to lead several businesses and co-founded Rock N Shop, one of India's early luxury e-commerce platforms. She is also the director at Aureus Investment and a non-executive director at Sona Comstar. Also read: Why is Sunjay Kapur's company Sona Comstar in news days after his death She briefly entered the entertainment industry in the early 2000s, appearing in ads (including one with Kareena Kapoor) and played a supporting role in the 2005 film Neal 'n' Nikki. Her first marriage to American hotelier Vikram Chatwal ended in divorce after a custody battle. In 2017, she married Sunjay Kapur, ex-husband of actress Karisma Kapoor. Following Sunjay's death in June 2025, his mother Rani Kapur accused unnamed individuals - widely believed to include Priya - of coercion and misrepresentation in matters related to the Sona Group. Tensions after Sunjay Kapur's death Sunjay Kapur died of a heart attack during a polo match in England on June 12, 2025. His death sent shockwaves through both the business world and Bollywood circles. His funeral rites were attended by celebrities like Karisma Kapoor and Saif Ali Khan. Just before the annual general meeting of Sona Comstar, his mother, Rani Kapur, addressed a letter to the company's board alleging she had been coerced into signing documents behind locked doors. She claimed she was denied access to her personal accounts and warned of 'gross illegalities' within the group, implicitly pointing fingers at Priya Sachdev Kapur. The letter further alleged that unauthorised individuals were misrepresenting themselves as family representatives, raising concerns about a looming legal and corporate succession battle in one of India's most prominent industrial families.

US is accepting ‘gifts' via Venmo, PayPal to reduce $36.7 trillion debt; leaves Americans fuming at ‘the audacity'
US is accepting ‘gifts' via Venmo, PayPal to reduce $36.7 trillion debt; leaves Americans fuming at ‘the audacity'

Mint

time10 minutes ago

  • Mint

US is accepting ‘gifts' via Venmo, PayPal to reduce $36.7 trillion debt; leaves Americans fuming at ‘the audacity'

Several Americans were left fuming at the US government's 'audacity' in accepting 'gifts' via Venmo and PayPal to reduce the country's ballooning $36.7 trillion debt. The US Treasury Department on Friday said that it is now accepting these digital payment platforms on the 'Gifts to Reduce the Public Debt' page on The US public debt has increased by a whopping 87% from $19.59 trillion in 2010. However, taxpayers on social media platforms were unhappy to learn about this donation program, which has existed since 1996. Americans were angry about this latest push from the US Treasury Department for public donations to 'help' the massive national debt. They pointed out that each citizen is already paying the county 40% of their salary in tax. 'They literally steal 40% of your money and they have the audacity to want donations?' an angry American said. 'Wow, so now they want more money on top of my TAXES they take from me,' added another. A social media user wondered if the donation would amount to a tax write-off. 'The ironic part is that it's probably not a tax write-off,' he said. 'I hope the Treasury will report their own Venmo payments to the IRS,' an American joked. However, a few irked users responded hilariously to this new initiative and claimed, 'This might be the silliest thing I've ever seen.' 'Ummm. How about no,' said one user. 'Are we poor?' asked another. A user asked, 'What's next? A Go Fund Me?' 'WTF was the point of DOGE?' questioned a user. 'Tell Israel to donate all the money that was given to them,' quipped a user. They even tagged Israeli Prime Minister Benjamin Netanyahu and said, 'Don't forget to help your best ally, the USA, pay the debt.' A user wondered, 'Who would do this?' According to US Treasury data, the public has contributed $67.3 million since 1996, a figure that remains negligible compared to the federal debt. The recently enacted 'Big, Beautiful Bill' by US President Donald Trump is expected to add $3.4 trillion to the national debt over the next decade, according to estimates from the non-partisan Congressional Budget Office. The legislation has sparked controversy, drawing sharp criticism from Tesla CEO Elon Musk, who condemned the move for raising the debt ceiling by $5 trillion, fueling a public spat between him and Trump. Amid mounting concerns, the US Treasury's latest push for public donations has been met with scepticism. The growing debt continues to cast doubt on the long-term sustainability of US fiscal policy and the impact of such symbolic efforts.

Beer and food workers on strike at Fenway Park for homestand between Dodgers and Red Sox
Beer and food workers on strike at Fenway Park for homestand between Dodgers and Red Sox

Mint

time10 minutes ago

  • Mint

Beer and food workers on strike at Fenway Park for homestand between Dodgers and Red Sox

BOSTON (AP) — Striking Fenway Park vendors banged on drums and shouted 'Don't buy food!' while walking a picket line outside the home of the Boston Red Sox before Friday night's game against the Los Angeles Dodgers. Hundreds of Aramark workers marched along the street behind the team's right field concourse before the series opener, carrying round picket signs decorated with red baseball stitching. A giant inflatable rat shared the sidewalk with a statue of Red Sox greats Ted Williams, Bobby Doerr, Dom DiMaggio and Johnny Pesky. Local 26 of the Massachusetts and Rhode Island hotel, casino, airport and food services workers union went on strike at noon on Friday. It posted that it is asking for 'living wages, guardrails on technology and R-E-S-P-E-C-T!' It's believed to be the first union walkout in the ballpark's 113-year-history. 'Respect the picket line," the union posted. 'We know tix are expensive, we're not asking you to stay away from the home games. But we ARE asking you to not buy concessions. No purchase of pretzels, pickles or peanuts inside the ballpark during the homestand.' An Aramark spokesman said the company has bargained in good faith and is 'disappointed the union rejected our latest offer and chose to call a strike.' 'We are committed to delivering an outstanding fan experience and have contingency plans in place to ensure fans will not encounter service interruptions,' the company said. The Red Sox noted that the team was not involved in the negotiations but remained in contact with the concessionaire. Aramark made an offer as recently as Thursday night that was rejected by the union, the team said. 'Aramark has implemented its contingency staffing plans, and fans can expect a full and uninterrupted ballpark experience this weekend, including access to all food, beverage, and hospitality services throughout Fenway Park,' the team said. "We remain hopeful that the parties will reach a swift and fair resolution.' U.S. Sen. Bernie Sanders called on the team to support the vendors. 'Fenway Park is an iconic American institution, and it's the workers there that make every Red Sox game special,' he posted on social media. 'The team is extremely profitable. They should treat their employees with respect, pay them decent wages and negotiate a fair contract with the union.' Maggie McCue, a beer vendor with 19 years of experience who is 24 weeks pregnant with twins, took a break from marching in the near-90 degree temperatures to eat a peanut butter and jelly sandwich. Her mother, also a beer vendor for almost two decades, said the team can afford for the workers to be paid a living wage. 'They have more money than they need,' Marianne McCue said. 'We are Fenway. Fenway is us. Some people have been here 40-something years and they're not even backing us up. Shame on them. I never thought that at 70 years old I would be on strike, but here we are." The Red Sox play three games against the Dodgers before leaving town again for a series beginning Monday night in Minneapolis against the Twins. It was a chance for Boston fans to welcome back ex-Red Sox star Mookie Betts, who was traded to Los Angeles a year after winning the AL MVP in a cost-cutting. Now, with Betts in the visiting dugout, the vendors are looking to get paid. 'It's come full circle,' Maggie McCue said. 'Full circle.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store