In April, talk of a “Sell America” trade picked up steam on Wall Street following the unveiling of President Trump's "Liberation Day" tariffs. US stocks, Treasurys, and the dollar all tumbled at once — an unusual dislocation that shook confidence in America’s safe-haven status. But recent data indicates that investors abroad have actually stuck with US stocks in 2025. From the start of the year to the end of June, foreign investors allocated more than 30% of their US financial assets to equities — near r ...