According to The Kobeissi Letter, citing Goldman Sachs, foreign investors have sold $22 billion worth of US stocks so far in April 2025, following a significant $41 billion outflow in March, which was the largest in at least a year. High-frequency fund flow data indicates that European investors have been the primary sellers, suggesting a shift in international capital allocation and potentially increasing volatility in US equity markets. Traders should monitor these fund flows closely, as continued selling pressure from foreign investors could influence short-term US stock prices and sector performance (source: The Kobeissi Letter via Twitter, quoting Goldman Sachs).