Investors Are Pouring Into U.S. Stocks to Avoid Greater Turbulence Overseas

Investors around the world are piling into U.S. stocks, even as they brace for the prospect of a rocky autumn, because they say there’s nowhere better to shelter from the turbulence in global markets.

Skyrocketing inflation, worries about a potential recession, Russia’s invasion of Ukraine, rising energy prices and new Covid-19 outbreaks have rattled everything from stocks to bonds to commodity prices this year.