Bilal’s Macroscope: Are Foreign Investors Buying US Assets?
- By Bilal Hafeez
- 3 min read
Introduction
The US runs a large current account deficit, which means that it needs to attract foreign capital inflows to balance its books. This begs the question of which US assets are foreign investors exactly buying. Looking at US capital flow data, we find, somewhat surprisingly, that foreigners love US Treasuries.
This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.