Share of U.S. Corporate Profits from Foreign Markets Foreign markets, including emerging markets, significantly contribute to the profits of U.S. corporations. Specifically, they account for 16% of U.S. corporate profits, with emerging markets making up 4% of these profits. Image: Goldman Sachs Global Investment Research
Equity – Aggregate Financial Asset Allocation Among Households, Mutual Funds, Pension Funds, and Foreign Investors Compared to historical standards, a 52% allocation to equities among investors is considered high, which increases the potential for volatility and losses, particularly during a market downturn. Image: Goldman Sachs Global Investment Research
Liquidity – Securities Held in Custody at Fed for Foreign Official Accounts Should markets be worried about a new international liquidity crisis? Image: Gavekal, Macrobond
Germany Foreign Trade Balance Germany recorded its first trade deficit in goods since 1991. Could the euro fall further? Image: BofA Global Investment Strategy
Equity – Foreign Holdings of U.S. Equities (% of World ex-U.S. GDP) Will the increase in foreign holdings of U.S. equities continue? Image: Goldman Sachs Global Investment Research
Stocks – U.S. Equities Net Foreign Purchases Is it a warning sign if foreign investors are losing interest in U.S. stocks? Image: BCA Research
S&P 500 Foreign Sales % by Year The S&P 500 is more global than 2-3 decades ago, as 30% of S&P 500 sales come from overseas. Image: BofA US Equity & Quant Strategy
Foreign Investor Equity Demand vs. U.S. Dollar A weak U.S. dollar can be a friend to foreign investors. Image: Goldman Sachs Global Investment Research
Foreign Investors Equity Allocation Percentile vs. History Foreign investors equity allocation is at all-time high, as foreign investors have been big buyers of U.S. stocks Image: Goldman Sachs Global Investment Research
U.S. Treasuries Held by Foreign Official Accounts vs. U.S. Dollar Index A bearish move in the U.S. dollar tends to increase foreign official holdings of U.S. Treasuries. Image: BofA