Foreign investors are dumping US stocks at a rapid pace: Investors from overseas withdrew ~6.5 billion from US equity funds over the last week, the second-largest amount on record. Net outflows were only below the 7.5 billion seen during the March 2023 Banking Crisis. According to Apollo, foreigners own a massive 18.5 trillion of US stocks, or 20% of the total US equity market. Moreover, foreign holdings of US Treasuries are at 7.2 trillion, or 30% of the total. Investors from abroad also hold 30% of the total corporate credit market, for a total of 4.6 trillion. Foreign investors want out amid the volatility.