Lions.
The dollar index remains under pressure and is coming up/is at a critical level.
This is a real time snapshot as of 7:53PM Eastern.
We should NOT be seeing the dollar falling against other currencies here in this environment, a sign that something is wrong.
With that, I did a complete breakdown of The US Dollar Strength for you which includes levels to look for. This is available to you right on my website, click HERE.
When you get to the page, scroll down and look for red text, IF you cannot find it, just refresh the page.
GM
How about this…USD is dropping because of foreign outflows from US markets. They are repatriating their capital back home. China alone has trillions on US equities especially the Nasdaq. The economic divorce is happening in real time. See executive order from February 21 where Trump basically said to adversarial countries get your money out of our markets. They are repatriating administration no longer wants all the USD’s that we export to be recycled back into our markets. They want to become independent from the East when it comes to trade and the financial markets. On both aspects it has made the US extremely fragile with the critical dependency on foreign goods, and the financial markets are a huge weak point if adversarial countries can have undo influence and power in shaping US financial markets, buying up U.S. farmland, companies like Smithfield the largest pork company in US by China, etc. Short term pain for long term gain. The divorce needs to be a total divorce from the East. 10 years ago US owned about 65% of assets in US markets, and now that number is down to about 35%. People don’t realize how vulnerable US is in regards to our financial markets. I’d try not to look at the markets the way they have been viewed the past 40+ years. The human brain is wired to view the future based off of the past 20:years. We are at a huge turn in the road, and a completely new mental framework needs to be applied to this new and ever changing world. The next 5-10 years is going to look night and day compared to the last 10:years…totally unrecognizable. All these ever building monumental trade imbalances and currency imbalances over the past 40-50 years are shifting quickly and deeply across the globe….one might say via warp speed.
MUCH Gratitude per usual Greg! 🙏❤️⭐️