We saw one of a large private equity fund going and meeting President Trump and saying that you had asked me to bring $100 billion, here I am bringing $500 billion. Clearly, America first policy and higher interest rates, as well as high bond yields is pushing capital back to America. And finally, emerging market today is like 1980s Indian cricket team.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation