IPFS News Link • Stock Market
October Was The 2nd Biggest Month Of Foreign Selling Of US Stocks Ever,
• Zero HedgeFor the second month in a row, total foreign net long-term portfolio securities inflows to the US were tiny (just $3.3BN)...
Source: Bloomberg
October was an ugly month for US equities (only to be followed by two months of staggering gains)...
Source: Bloomberg
...and now we have a good idea who was behind that selling. The latest TIC dats shows October saw the second biggest month of foreign selling of US stocks ever...
While both private and official entities were sellers of stocks in October, Foreign Official entities were net sellers of US Treasuries...
Source: Bloomberg