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According to The Kobeissi Letter on the X platform, net capital inflows into the United States reached a record high of $884 billion in the 12 months ending April 2026. This indicator reflects the external funding scale of private investors and official institutions entering the US financial market through the purchase of US assets. Net capital inflows have nearly doubled since the beginning of 2025, surpassing the peak of $400 billion in 2021. The total amount of private sector purchases of US stocks in April rose to $763 billion, while official institutional purchases increased to $121 billion.