Understand this story
On October 22, 2026, CICC Research published a view recommending "buying insurance" for AI assets through asset allocation—that is, increasing gold allocation alongside defensive assets such as cash, bonds, and high-dividend stocks, in order to position for the dollar depreciation trade. CICC Research provided two data points: since the start of 2026, the negative correlation between gold and the dollar has risen to -81.2%; and among 91 dollar-decline periods since 2000, gold rose 84 times, a hit rate of 92.3%. CICC Research believes that a cooling of the AI trade could weaken demand for the dollar, and that the dollar depreciation trade can provide portfolio protection when the AI rally weakens or liquidity improves. This view is currently reported by Wallstreetcn, and there are no subsequent factual developments.
AI-generated from public reports
Latest development · Report
CICC: How to Hedge Against AI Risk?Developments
1 confirmed developments
Reports and discussion timeline
Browse reports and discussion by time. Their evidence levels remain distinct.
Oct 22
Wallstreetcn
CICC: How to Hedge Against AI Risk?
CICC recommends "buying insurance" for AI assets through asset allocation: in addition to defensive assets such as cash, bonds, and high-dividend stocks, investors should increase their allocation to gold to position for the dollar depreciation trade. Since 2026, the negative correlation between gold and the dollar has risen to -81.2%; across 91 dollar-decline periods since 2000, gold rose 84 times, a win rate of 92.3%. CICC believes that cooling in the AI trade could weaken demand for the dollar, and the dollar depreciation trade can provide portfolio protection when the AI rally weakens or liquidity improves.