According to @KobeissiLetter, net foreign purchases of US assets are running at an annualized $1.65 trillion in 2025, a $450 billion (38%) increase versus full-year 2024. According to @KobeissiLetter, foreign equity purchases have doubled year over year to about $650 billion. According to @KobeissiLetter, foreign investors bought about $20 billion more in Treasuries than in 2024, totaling about $580 billion. According to @KobeissiLetter, corporate bond demand rose by about $100 billion year over year to about $400 billion. According to @KobeissiLetter, global capital is flowing into US markets at a historic pace.

According to The Kobeissi Letter, long-term inflows into US assets have reached $3.5 trillion since 2007, with US equity funds capturing 34% or $1.2 trillion of that total. Notably, inflows accelerated after the 2020 pandemic, indicating heightened investor confidence in US markets (source: The Kobeissi Letter, May 9, 2025). For crypto traders, this continued preference for US assets suggests sustained competition for capital, potentially limiting large-scale inflows into digital assets in the short term. However, the vast inflows also highlight the importance of monitoring shifts in risk appetite, as any reallocation from traditional markets to crypto could trigger significant volatility and new trading opportunities.