Anthony Scaramucci has expressed significant concern about the market, citing deteriorating capital flows rather than just “vibes” or sentiment.
Scaramucci Flags Buffett Move As Warning
The SkyBridge Capital founder argued in an X post Sunday that money is moving in ways investors shouldn’t shrug off, pointing to what he described as Warren Buffett pulling $400 billion out of the market as a flashing warning light.
Scaramucci also warned that political and policy unpredictability is tarnishing the United States’ long-held reputation as the world’s safest home for capital, a shift he said could matter more than day-to-day sentiment. He described the pullback as a “capital boycott,” with sovereign wealth funds, global investors and even tourists reallocating elsewhere.
Sovereign Fund Flows Still Big, For Now
The concern comes even as sovereign investors still poured huge sums into the U.S. in 2025. Research compiled by Global SWF at the beginning of 2026 showed sovereign wealth funds and public pension investors directed about $132 billion into the U.S. last year, roughly half of global totals.
“Trump Slump” Fears And A Narrow Rally
Scaramucci has tied his unease to what he called a “Trump Slump” in a recent “Opening Bid Unfiltered” interview, arguing that “on-again, off-again” tariff threats and capricious rhetoric are “hurting the markets” and complicating long-term capital allocation. He also said “twenty stocks are holding up the market,” describing a narrow rally driven by a small group of winners.
To add to his X post, he wrote, “Tourism alone is bigger than manufacturing, and the numbers are sliding. Markets can ignore this for a while, especially tech, but the knock-on effects are real. When trust in the rule of law erodes, money quietly goes elsewhere.”
Travel and tourism contribute more than $2.5 trillion annually to America’s economy, and inbound travel fell 4.8% in January 2026 versus a year earlier amid reports of canceled trips tied to political instability and immigration policies, according to data released in February by the U.S. Commerce Department’s National Travel and Tourism Office (NTTO).
Despite predicting near-term turbulence and a “bear market” phase, Scaramucci has said he remains “cautiously optimistic” about investors building their Bitcoin (CRYPTO: BTC) positions in 2026 if policies stabilize.
Image via Shutterstock/ Al Teich
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