Global Money Shifts
A significant reallocation of funds away from China raises questions about where that money will flow next, potentially benefiting developed markets like the US. The conversation highlights a shift from the modest fiscal stimulus of the 2010s to a new era characterized by structural deficits and high multiplier spending, particularly in construction and infrastructure. This spending is framed not as inflationary but as a strategic investment in builders rather than consumers.In this clip
From this podcast
Odd Lots
The Real Pain From Rate Hikes May Still Be on the Way
Related Questions