Over The Horizon Economics - Markets march ahead as Australian Covid Crisis Continues

From youtube.com/acysecuritiesaustralia

Join Clifford Bennett, ACY Securities Chief Economist, as he looks at the global markets from an in-depth perspective. The US dollar strength, currencies, and commodities we have been calling well. The tech separation has continued. The Australian market is stronger than I have been calling. It seems, the world is indeed awash with money, and this is now combined with a renewed fear over the Delta strain surge, and how less vaccinated nations will be more vulnerable, though none are immune. Why I mention this, is that it would describe the coming together of these two forces in the form of capital investment flow to the USA. In 1971, the USA absorbed some 70% of available fresh investment capital in the world. That quickly dropped toward 40%, and even 30% in recent years. The latest data shows global investment capital flow to the USA returning to its highest levels since 1992.