According to @KobeissiLetter, net foreign purchases of US assets are running at an annualized $1.65 trillion in 2025, a $450 billion (38%) increase versus full-year 2024. According to @KobeissiLetter, foreign equity purchases have doubled year over year to about $650 billion. According to @KobeissiLetter, foreign investors bought about $20 billion more in Treasuries than in 2024, totaling about $580 billion. According to @KobeissiLetter, corporate bond demand rose by about $100 billion year over year to about $400 billion. According to @KobeissiLetter, global capital is flowing into US markets at a historic pace.