Investors reveal tipping point that forced them to pull out of US stock market

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Investors reveal tipping point that forced them to pull out of US stock market


A growing number of global investors are cutting their exposure to the US stock market, citing a combination of high valuations, political instability, and concerns over American foreign policy. For some, a recent comment by Donald Trump referring to Canada as the '51st State' was the final straw. 'It was the dagger in the heart,' said Keith Moffat, a Netherlands-based investor with Canadian and Irish citizenship to WSJ. Moffat, who once held 90 percent of his portfolio in US stocks, said he sold all his American holdings in recent weeks, redirecting his funds into international exchange-traded funds (ETFs) and European defense stocks.
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