The world is awash with money yet in most places economic growth is decelerating and deflation threatens.
It’s a confusing time for investors, with both global equity and bond markets looking overpriced, as all of that demand for a return overwhelms the supply of true earnings growth.
Yet there is one place that is crying out for investment Asian infrastructure.
The Asian Development Bank pegs the demand for infrastructure investment at $730 billion a year for the next decade. India alone needs $1 trillion of investment over the next five years, McKinsey says.
These astronomical figures assume that India and...