text: For the time being, what I imagine will happen is that during the next global downturn, which could happen this year or next, or during the next financial crisis, the dollar will still be considered a safe haven asset and we’re going to see inflows just like we did during the global COVID lockdowns. During periods of great uncertainty, especially during the next emerging markets crisis, international investors will flock to safety in the USD and dollar-denominated assets. It’s much easier to get in and out of the dollar than it is the yuan due to the size of US capital markets. And it’s much easier to take out a dollar-denominated loan than a yuan-denominated loan. Until these things change, king dollar is likely to remain. – M.S.The information provided by Forward Observer in this report is for informational purposes only. It should not be considered financial advice. You should consult with a financial advisor to determine what may be best for your financial needs.— END REPORT