美股科技板块正发出泡沫警告信号,估值和市场集中度均达到互联网泡沫破裂以来的最高水平。彭博数据显示,美股TMT板块估值已达到2009年以来的新高,板块远期市盈率攀升至26.7倍,超过此前26.3倍的峰值水平。该估值较2015-19年均值16.9倍高出8.7个标准差。相比之下,等权重标普500指数的市盈率仅为17.9倍,仍低于危机前峰值。板块内部相关性也在上升,反映出系统性风险的积聚。TMT板块26周...
Source LinkDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.