China raises interest rates and equity markets continue to climb, as do commodity prices. Clifford Bennett of Herston Economics says this is the new paradigm, at last one that fits more accurately with the underlying reality of a strong global economic boom that no one can stop, not even China.
Herston Economics continues to highlight that this is a "bottom up economic revolution" driven by individuals and small businesses all around the world. This will be one of the strongest economic growth periods in history, and financial markets have not even begun to accurately reflect this reality. Now that the momentum in markets is building to the upside, they are likely to rally even on negative news. It is not too late to invest, but you need to be quick, says Clifford Bennett.
View the videocast here:
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