A surprisingly strong US growth has once again tilted the balance in favour of American assets, dimming hopes of a quick comeback by foreign investors into Indian stocks and bonds. This, especially when global capital is chasing safety in gold and silver, hunting for the next wave of growth via AI and new technologies, and recalibrating portfolios amid geopolitical uncertainty and shifting trade dynamics. The US economy expanded at a 4.3% annualised pace in the third quarter of 2025, its fastest in two years. Consumer spending stayed resilient, government spending held up and exports surprised on the upside. Wall Street cheered. Emerging markets, predictably, are forced to reassess.