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Interesting Session, where did you get that information on cash...

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CaptainGrumpy

4,596 Posts.

177

13/11/18

10:18

Post #: 36481498
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Originally posted by Session: ↑

This might be a simple answer but one thing that has been trending up is cash holdings... You do raise a very curious question, and not one that is easy to answer.

Debt servicing is clearing pushing the USD higher, and perhaps the illusion that a trade-war will be net positive for the USD. The common consensus seems to be that the USD is the last standing 'safe haven' asset however I believe quite the contrary to be true. The US economy seems to be a vacuum for the remainder of the world right now, suffocating EM economies and global currencies.

All doom and gloom isn't it? Although perhaps a crash in the US market and subsequently the USD will be the welcome relief we've been waiting for.

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Interesting Session, where did you get that information on cash holdings? It would make sense and if correct would actually be somewhat bullish, but that would conflict with the data i look at.

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