From Yahoo Finance: 2025-06-18 21:52:00

Foreign investors owning a record 18% of the US stock market could negatively impact US stocks due to Trump’s tariffs. Apollo Global Management’s Torsten Slok pointed to the high foreign ownership, with investors beginning to sour on the US market amid tariff turmoil. Goldman Sachs estimated $60 billion in US stock sales by foreign investors.

Global investors favor international stocks over US peers for the next five years, according to a Bank of America survey. In June, 54% of investors believed international equities would outperform, compared to just 23% who thought US equities would lead. This shift reflects concerns around the impact of trade war and tariffs on the US market.

Read more: One chart shows an under-the-radar reason Trump’s trade war could hurt US stocks