My master used to say that to work in finance, one must have a global macro perspective that spans across assets and categories. The recent turbulent geopolitical landscape has given me a deep understanding of the mystery and opportunities it holds!

Figure 1 shows the share price of Samsung Electronics in South Korea. In the past three months, it has fallen by as much as 31%! Capital has already sensed the turmoil between South Korea and North Korea. Capital is king, so it is better to run first.

In particular, from September 3 to October 11, foreign investors sold Samsung Electronics for 23 consecutive trading days, selling a total of 10.7 trillion won. During this period, Samsung Electronics' stock price plummeted from 74,400 won to 59,300 won, a drop of 20.3%, far worse than the situation of the Korean stock market, with a market value of 444 trillion won falling to 354 trillion won, evaporating nearly 90 trillion won.

Figure 2 and Figure 3 show the US dollar index and RMB exchange rate. In turbulent situations, the US dollar is the best safe-haven asset in the world. A strong dollar can instantly defeat the anchor of any non-US dollar asset pricing, and guide the investment direction of foreign capital through the exchange rate, becoming the best weapon. One of the major reasons for the recent stalling of A-shares and Hong Kong stocks is the concern about the sustainability of China's policies under the game between China and the United States and the logic of the strong US dollar. And the potential uncertainty brought about by the exchange rate difference. Foreign capital is withdrawing very resolutely!

Figure 4 is today's news. We thought the country was beginning to shift gears, providing loose expectations for private capital and the wealthy, actively guiding policies, actively relaxing the environment, and protecting private property. However, amidst all this, a sudden blow came, pouring cold water on a group of wealthy people who originally wanted to do things and take money from the bank to start a business, and it came to an abrupt end!

In the final analysis, the more turbulent the situation is, the better it is for the US dollar. Everyone wants to exchange US dollars and US dollar assets, and more wealthy people in China will find ways to hide their assets, and#BTCis the best way. The logic of embracing#BTCand US dollar assets #QQQand#SPYare the first) and gold will never change! The more turbulent the situation is, the more you need to hold on to these assets!