I have an ordinary differential system of dimension larger than 2 that contains a locally-asymptotically-stable unique fixed point. Additionally, the system is bounded.
Now, suppose that I can show the eigenvalues of the linearized system about the fixed point are strictly real and negative. This would mean near the equilibrium, the system is a sink. This seems to rule out the possibility of a limit cycle. Because if there is a limit cycle, it must be surrounding the fixed point and this would make the trajectory toward the fixed point spiral-like.
As a comment pointed out: if a limit cycle exists in 3 and higher dimensions, it does not have to be a surface-like completely surrounding the fixed point. However, it will surround the fixed point in some direction. This would lead to the trajectories in the respective direction being spiral-like, which is excluded by the strictly real eigenvalues.
If my reasoning is correct, can I then conclude that the fixed point is globally-asymptotically-stable?