Clocktower's chief strategist Kevin Wang: The US dollar has entered the "largest bear market in history", and its depreciation could reach nearly 40% in the next 5-8 years.

Clocktower's chief strategist Kevin Wang said that the US dollar has entered the largest depreciation cycle in its history. He believes that with fundamental changes in the geopolitical landscape, irresponsible fiscal policies in the US, and the inevitable path towards debt monetization, the overall depreciation of the US dollar over the next 5 to 8 years could be close to 40%. In this context, he believes that the most serious issue facing global investors is to divest from overly concentrated US dollar assets and engage in global diversified allocation, which will be key to avoiding the long-term depreciation risk of the US dollar.