美联储换帅在即,大类资产影响几何?

华尔街见闻
Feb 05

申银万国认为,美联储换帅引发市场误读为“鹰派”冲击,但沃什实为“先缩表后降息”铺路。迫于政治与财政压力,降息或将先行。这提示投资者关注流动性预期修正后的机会:美股风格或转向小盘股,贵金属波动后仍具长期价值,而地缘政治则可能推升油价与通胀风险。市场再一次对美联储的动作做出了膝跳反射式的误读。2026年1月30日,特朗普正式提名凯文・沃什为下任美联储主席。华尔街的第一反应是恐慌:美元飙升,美股下挫,...

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