The dollar reigns! The US dollar has been our main focus because it marks where all the money is going, determines whether the international fund flow is going in or out of the emerging market, and reflects the overall market sentiment. The dollar cycle runs every 16 to 18 years, and every cycle is strikingly similar. This article navigates through the current dollar cycle from 5 directions:
- Supply of the US dollar
- The economic disparity between other countries and the US
- The emerging market
- Hedging
- Commitment
