In the next year, just holding USDT financial management can beat 90% of the coin friends in the B circle! Therefore, US dollar assets are still the best choice at present. The future direction is:
1. The U.S. has the best economy among all developed countries, and the current optimistic forecast for interest rate cuts will only be in the fourth quarter;
2. The remaining developed countries could not stand the early interest rate cuts, and funds would definitely flow from countries with low interest rates to countries with high interest rates. Therefore, the euro and the Canadian dollar are expected to depreciate relative to the US dollar;
3. The expectation of depreciation intensifies the momentum of capital flows to the United States. Moreover, U.S. stocks have almost all AI targets in the world, and U.S. bonds have a risk-free spread.
4. Under the long-term high interest rates in the United States, traditional asset-heavy manufacturing, real estate and finance have been overwhelmed and are showing signs of recession. However, the inflation and booming employment brought about by de-pandaization have caused the Federal Reserve to fail to meet the interest rate cut standards. Therefore, the risks of traditional capital-heavy industries have not yet reached the turning point, and they are not attractive for capital;
5. The rapid rise of the AI semiconductor sector, led by NVIDIA, has great prospects in the future and is reasonable at present, so it has become the first choice for capital to hold together;
6. U.S. bonds are second in attractiveness, because logically the time has not come yet. If U.S. bonds are to be lowered in interest rates, it will take until the fourth quarter. Before that, liquidity will improve;
7. Before the United States cuts interest rates, other countries will not cut interest rates drastically and quickly in order to protect exchange rates. As a result, manufacturing will not invest so quickly, and large-scale rushes may easily fail again.
To sum up, before the United States cuts interest rates, US dollar assets will suck blood from the world, and the AI industry chain led by Nvidia will suck blood from US dollar assets, eventually accumulating an AI bubble.
What is beyond expectation is that Canada and the EU can no longer hold out, so this trend will change slightly:
1. The AI bubble will develop more rapidly before the US cuts interest rates;
2. U.S. Treasury bonds will slightly exceed expectations due to the influx of funds.
After the European interest rate cut and before the US interest rate cut, there is still no starting point for large-scale transactions. Therefore, it is recommended that if currency friends do not have good targets, they might as well directly invest in USDT!#理财
