Since the beginning of 2023, investors have withdrawn $27 billion of European funds and $4.6 billion in the past week. In June, Europe became the only major investment region from which finance flows.
According to Bank of America, cited by Bloomberg, the trend of withdrawing funds from European funds in favor of US funds has been observed for 16 weeks.
US analysts say this is due to a more stable investment climate in the country (despite a series of turmoil at financial institutions) against the backdrop of an overall slowdown in economic growth around the world.
Author:
Ekaterina Alipova
Source: RB
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