trajkovic

DXY

Long
trajkovic Updated   
TVC:DXY   U.S. Dollar Index
!-) Continuation to Max/Min recovery and then reversal back to main trend
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Beware possible STOP @1.236 Fib around 93.8.
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Total US borrowing now stands at record high of 68 Trillion dollars. Last quarter borrowing was over a Trillion - second highest on record. Rise in non financial debt was at record high bringing the total NFD to a record high of over 48 Trillion dollars.
Total Household debt expanded at 3.7% during last quarter.

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With global Bubble Dynamics a dominant characteristic of this cycle, it’s appropriate to place Rest of World (ROW) data near the top of Flow of Funds analysis. ROW holdings of U.S. Financial Assets jumped $724 billion (nominal) during the quarter to a record $26.347 TN. This puts growth over the most recent three quarters at a staggering $2.124 TN (16% annualized). What part of these flows has been associated with ongoing rapid expansion of global central bank Credit? It’s worth recalling that ROW holdings ended 2007 at $14.705 TN and 1999 at $5.639 TN. As a percentage of GDP, ROW holdings of U.S. Financial Assets ended 1999 at 57%, 2007 at 100%, and Q3 2017 at a record 135%.
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Wrap your head around this
Taiwan GDP@~0.5T
South Korea GDP@~1,5T
Vietnam GDP@~0.2T
Singapore, Hong Kong, Malaysia GDP@~0.3T - @~1T combined
Indonesia, Turkey GDP@~1T
Russia GDP@~1.3T
US GDP@~18T
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Just in case you've missed it - in the US - Freedom loving and industrious Social Security recipients "add" 6.5 Trillion dollars to the GDP
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