孙立坚(复旦大学金融研究中心主任)关于美联储12月降息预期和美股AI领域是否存在泡沫的讨论,是当前全球市场的焦点问题。金融市场的灵敏反应点集中在“利率路径、通胀锚定、AI资本开支周期”三条主线上。若把这些线索合起来看,我们会发现:降息与否会改变收益率曲线与风险偏好,但更可能呈“结构性波动而非系统性震荡”;至于美股AI板块是否存在泡沫,当前证据更接近“高景气+供给瓶颈的资本开支周期”,尚不足以定性为...
Source Link孙立坚(复旦大学金融研究中心主任)关于美联储12月降息预期和美股AI领域是否存在泡沫的讨论,是当前全球市场的焦点问题。金融市场的灵敏反应点集中在“利率路径、通胀锚定、AI资本开支周期”三条主线上。若把这些线索合起来看,我们会发现:降息与否会改变收益率曲线与风险偏好,但更可能呈“结构性波动而非系统性震荡”;至于美股AI板块是否存在泡沫,当前证据更接近“高景气+供给瓶颈的资本开支周期”,尚不足以定性为...
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.