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Flawed Dollar Is Best Safe Haven From Iran War

Tyler Durden's Photo
by Tyler Durden
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While no assets offers complete insulation from a sustained Middle East conflict, when assessed against the core attributes of a "haven", the dollar remains the most robust option. And, as Bloomberg strategist Skylar Montgomery Koning writes, for all the talk of the dollar’s demise, no alternative stacks up quite as well across four key metrics: negative correlation to risk assets, liquidity, store of value and credibility.