Foreign Money Is Fleeing Asian Stocks At The 3rd Fastest Pace In 16 Years

Goldman says “current FII selling has wiped out 14 months of prior inflows, which is the 2nd largest amount after the 2008 financial crisis (which took out 44 months of prior inflows) [and] to put it in context, outflows during the 2H 2015 China market crash took out 12 months of prior inflows.”