FYI: (This is a follow-up article)
Even though a steady stream of money has flowed out of U.S. stocks into overseas markets, investors expect European and emerging market equities to rise further, supported by expectations for economic growth and accommodative central bank policies.
U.S. fund investors put the most money into overseas equities since the second quarter in 2015, with more than half of the $90 billion outflows for the first half coming in the second quarter, according to preliminary Lipper data.
Regards,
Ted
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN19L2V9