This chart shows while the broad numbers is the same the underlying mechanisms of how the money gets there is different.
Ultimately I think people are taking a bit of time to substantially shift their investment portfolios/strategies. People generally tend to be a larthargic for this type of thing and taking some extra time to think of about how your life saving should would be considered prudent especially given the times. I imagine 2026 will look even more different and even when Trump’s out of the picture he’s most likely permanently pushed some money out of America.
Ultimately I think people are taking a bit of time to substantially shift their investment portfolios/strategies.
I have a meeting with my investment guy this afternoon.
The instructions I gave when scheduling the meeting were to get my investments out of the American economy as much as is possible (acknowledging that they’ve got their dirty little fingers in everything globally).
Last year I reduced my exposure to the US by about half, as he advised that the funds were already doing some amount of adjustment for risk avoidance so I shouldn’t make any “hasty decisions”.
Now I just want out. Even if it costs me a few points of growth in the short term.
Edit: meeting finished, the investment guy said I was far from his only client making the same request.
This is the actual report:
https://economics.td.com/ca-financial-flows-2025
This chart shows while the broad numbers is the same the underlying mechanisms of how the money gets there is different.
Ultimately I think people are taking a bit of time to substantially shift their investment portfolios/strategies. People generally tend to be a larthargic for this type of thing and taking some extra time to think of about how your life saving should would be considered prudent especially given the times. I imagine 2026 will look even more different and even when Trump’s out of the picture he’s most likely permanently pushed some money out of America.
I have a meeting with my investment guy this afternoon.
The instructions I gave when scheduling the meeting were to get my investments out of the American economy as much as is possible (acknowledging that they’ve got their dirty little fingers in everything globally).
Last year I reduced my exposure to the US by about half, as he advised that the funds were already doing some amount of adjustment for risk avoidance so I shouldn’t make any “hasty decisions”.
Now I just want out. Even if it costs me a few points of growth in the short term.
Edit: meeting finished, the investment guy said I was far from his only client making the same request.