European holdings of US stocks reached $10.9 trillion, an all-time high.

This is over 50% of all foreign stock ownership, which sits at $21.3 trillion.

By comparison, the total US stock market size is around $70 trillion.

Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, and the UK hold a record $4.7 trillion, or 43% of the total.

The total foreign ownership has risen by $13 TRILLION since the 2020 Crisis.

This is mind-blowing.

Europe controls $16 trillion in US stocks and bonds.

European countries own $16.2 trillion in US financial assets, or 46% of all foreign holdings, according to FT analysis of Federal Reserve data.