Almost a month into 2026, and the performance of the US stock market hasn’t been great. The net inflows into developed market stocks have been almost entirely consumed by international stocks outside the US, leaving very little net inflow for domestic US stocks. So far, developed market stock funds have seen over $50 billion in net inflows, with $39 billion going to international shares. Europe and Japan account for $5 billion and $2 billion respectively, while the US has only seen $771 million in inflows. A significant part of this is due to Trump’s tariff issues with Greenland. If this continues, a large amount of capital will exit the US stock market and flow into international markets. However, the exposure of international markets to US revenue is only about 22%, which is still not enough to offset the risks of capital outflows from the US. Trump’s need for votes seems to be moving further and further away from his idea of revitalizing the US stock market. @bitget VIP, lower fees, crazier perks