BRICS Nations Seeing Massive Capital Flight Supporting U.S. Dollar

Narrative suggests BRICS are a USD alternative. Not according to reality.

From Deer Point Macro on X (@DeerPointMacro)

BRICs nations seeing large amount of outflows.

The outflows/inflows into BRİCs countries tend to coincide with strong/weak dollar.

As US assets outperform and are seen as ri…