$1.5 trillion inflows last year won’t repeat, S&P500 and dollar likely to drop
Record net foreign capital inflows into US stocks in the recent years will diminish this year. The upshot will be a simultaneous drop in the USD and the S&P500. In short, the USD will become pro-cyclical. Net foreign purchases of US stocks and debt securities reached a record… pic.twitter.com/unWFwtWRsO — Arthur Budaghyan (@BudaghyanArthur) January 10, … Read more