As the war in the Middle East rages into a third week, investors are yanking money from Wall Street and selling out of US exchange-traded funds as they look to Australia, Europe and Asia for returns.
Analysis from UBS strategist Gerry Fowler showed US-focused ETFs had “almost no net inflows” in the first week of the war compared with the rest of the world where flows remained robust.
Source: https://www.afr.com/markets/equity-markets/war-sends-investors-fleeing-from-wall-street-onto-the-asx-20260316-p5oas5