Global Supply Chain Disruptions Intensify, Weakening Economic Resilience
Since 2022, ongoing global supply chain disruptions have significantly reduced economic resilience and policy autonomy in major economies including Japan, South Korea, and Europe. Signs of liquidity drought are appearing, and the combination of a strengthening US dollar and changes in Treasury yield spreads points to accelerating systemic risk accumulation.
Precious and Industrial Metals: Short-Term Pressure, Long-Term Opportunity
The metals sector (gold, silver, copper, etc.) faces short-term macro headwinds but still presents structural medium-to-long-term investment opportunities. Tightening liquidity and a strong dollar pressure precious and industrial metals, but supply-demand fundamentals and safe-haven demand may provide support over the longer term.
Bitcoin: Divestment Risk and Macro Turmoil Demand Repositioning
Bitcoin is exposed to the risk of MSTR (MicroStrategy) divestment and ongoing macro turmoil, prompting a necessary reassessment of its status as either digital gold or a risk asset. Market participants should monitor institutional holdings changes and the impact of global liquidity conditions on Bitcoin's price dynamics.