Global capital is flooding into America.

Non US investors bought a record $1.55T in U.S. financial assets in 2025, per the United States Department of the Treasury.
That is up 31% from 2024.
Breakdown:
$720B into equities.
$409B into Treasury notes and bonds.
Europe led with $873B.
Cayman Islands $277B.
Canada $84B.
Japan $56B.
China was the outlier, selling $209B. Its Treasury holdings fell to $684B, the lowest since 2008.
U.S. assets saw net inflows every month except April.
Despite the noise, global money still wants U.S. exposure.