2025收官：贵金属暴涨，美元重挫10%！2026更疯狂？

Group 1 - Global stock markets recovered from the April downturn caused by tariffs, rising 21% in 2025, marking the sixth year in seven with double-digit growth [1] - Gold surged nearly 70%, achieving its best annual performance since the 1979 oil crisis, while the dollar fell nearly 10% and oil dropped about 17% [2] - European weapon manufacturers' stock prices soared by 55% due to signals from Trump indicating a reduction in military protection for Europe, prompting rearmament [3] Group 2 - The U.S. bond market was influenced by three interest rate cuts and concerns over debt, with 30-year Treasury yields peaking at over 5.1%, the highest since 2007 [4] - Emerging market currencies experienced a reversal of a 14-year bear market cycle, with significant gains in currencies like the Polish zloty and Czech koruna, which strengthened by 15% to 20% [5] - The anticipated nomination of a new Federal Reserve chair by Trump could significantly impact the central bank's independence [8]