不过,分析人士也提醒,AI 对就业的替代风险正在上升,若对劳动力市场形成冲击,可能成为新的不稳定因素。总体来看,华尔街将 2026 年视为一个罕见窗口期:降息、税改与 AI 同时发力,但结构性分化与潜在风险仍需警惕。
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