Japanese investors make biggest foreign stock exit in five years in May

So the article lists two factors for the move: hostilities in the ME, and an AI bubble collapse soon

Don’t think the former is that much of an issue; not like it can get any worse without Iran’s Regime undermining itself.

While for the latter, investors see the US Fed Reserve potentially holding interest rates which is why there was a sell-off this past Friday(?), which to me is a short-term issue rather than the industry facing imminent collapse.