This is the risk that complies with the financial markets, usually stretches quietly under the surface. But now ‘shouting, whispers

• Very focused on the current US account deficitor imbalance between imports and exports, but there is another metric that is preparing to strengthen market strikes. Converada, according to Kevin Ford, FX and Macro Strategy, the American is similar to the financial score card with others in the world.

President Donald Trump’s Commercial War focused on the focus of Wall Street, the U.S. current account deficit or imports between imports and exports. But there is another metric worth another metric value that can worsen financial risks.

According to Kevin Ford, FX and Macro Strategy, the country’s net international investment position (Niip) often avoids.

The United States is in the United States, which is in a note, which has been in the United States and the rest of the world as the financial scoring of the world, has the United States abroad. And with this score, the United States is about $ 26 trillion or about 80% of GDP.

“That is, more American assets, which are foreign investors abroad,” Ford added. “When the trust is high, but 2025 is a well-running structure in Timon times, it can be turned into a pressure.”

Really, Times Shaky became. The US dollar index is 10% less than this year, because the shock of Trump’s “Freedom Day” tariffs, and after the calculation of reliable safe guards, reflects the shock.

In fact, the annual US strange is the worst since the end of the Second World War system in the Bretton Woods agreement, as the United States is in the free exchange rate in 1973.

Meanwhile, the legislation that will add a dollar dollars to financial shortcomings is more concerned in congress, more concerns between foreign investors, especially among those who hold their US debts.

Put it all together and this year was a manual example of how a negative NIP profile can enlarge the exchange sink, Ford warned.

“And most of the capital, most of the capital are coming from the US financial system from abroad, even small queues in the feeling can also lead to large flows,” he said. “It sold in many dollars and sold less and voilà stumbles green.”

Returning to Financial Scorecard analogy, Ford shows the export of only operation flow, ie the export of the current account deficit.