Global Equity Flows to US Stocks Fall to Lowest Level Since 2020

Multiple independent sources with varying degrees of authority and relevance consistently report that the U.S. share of global equity inflows is at its lowest level since 2020. Several posts and articles explicitly cite reputable data providers such as EPFR, Bloomberg, and Bank of America, lending credibility to the claim. While the most authoritative source (Bank of America's weekly recap) excerpt provided does not directly confirm this, secondary references clearly indicate that Bank of America research supports this conclusion. The alignment between different platforms (Substack, LinkedIn, Twitter/X, Facebook) and the use of consistent numerical framing suggest these reports are based on the same underlying institutional research. There are no contradictory reports found in the provided sources. The minor gap is that the highest-authority source’s excerpt is indirect rather than explicit, but the consistency and specificity in other credible sources make it highly probable that the statement is true.