Money Flooding Into US From Overseas

Money from overseas is pouring into the US capital markets, which foreign investors regard as a haven in a world that’s increasingly unsafe for them. Their mantra is “TINAC: There is no alternative country!”

The US Treasury International Capital System (TICS) reported on Friday that private net capital inflows totaled $1.5 trillion over the past 12 months through July, near recent record inflows (chart below).