#noticiascripto 🚨💥International stocks have officially taken the lead in the global investment strategy for the next half-decade, with the United States lagging behind.
This comes directly from the latest Bank of America fund manager survey from June, which found that money managers are betting heavily on foreign stocks to deliver the best returns through 2030.
The numbers are brutal for the U.S.: less than 25% of respondents believe that U.S. assets will lead the pack. Only 5% expect bonds to perform the best. The rest are moving their cash outside U.S. borders.
Bank of America's strategist, Michael Hartnett, made it clear in the report: “Less than [a quarter] believe that U.S. assets will continue to dominate ranked returns.” Instead, investors are now flowing into emerging markets, Eurozone stocks, and banks. Confidence in U.S. stocks has fallen sharply, and the reasons are not subtle.