1. Short-term: The US dollar remains the "Uncrowned King"
#何时是最佳入场时机 - Inertia and Liquidity: During sudden geopolitical conflicts, the first response of global funds is to seek assets with the best liquidity and depth. The scale and maturity of the US dollar and US debt markets are unmatched by any other assets.
- Safe-haven Path Dependence: Over the past few decades, whenever a global crisis occurs, funds tend to flow into the US dollar. This "path dependence" has been deeply ingrained in the subconscious of global investors. Even if the US is a party to the conflict, markets will