The amount of U.S. assets bought by Asian investors is now short of the total U.S. trade deficit with Asia.
More Quotes from Philip Wee:
This time around it's at the high end, so in this sense, it is sufficient for addressing inflation.Philip Wee
The focus is moving away from interest-rate levels to interest-rate directions.
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The Fed is in a process of returning rates to neutral and we still have a view of 4.25 percent by year-end.
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Most of us are focused on the China story, which is broadening into an Asia story.
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