2026年初大宗商品在高波动中延续强势,高盛认为资产配置正成为商品价格的主导变量。 据追风交易台,高盛在最新发布的研报中指出,这一轮行情的核心驱动力,已经明显不同于过去十年的“供需紧平衡”或“周期性复苏”叙事,而更像是一场来自全球投资组合的“硬资产轮动”。 高盛认为,投资者主动配置资金流入硬资产,本身就足以在短期内显著推高商品价格,甚至令价格长期高于物理基本面所能解释的水平。**这意味着,商品市场...
Source Link2026年初大宗商品在高波动中延续强势,高盛认为资产配置正成为商品价格的主导变量。 据追风交易台,高盛在最新发布的研报中指出,这一轮行情的核心驱动力,已经明显不同于过去十年的“供需紧平衡”或“周期性复苏”叙事,而更像是一场来自全球投资组合的“硬资产轮动”。 高盛认为,投资者主动配置资金流入硬资产,本身就足以在短期内显著推高商品价格,甚至令价格长期高于物理基本面所能解释的水平。**这意味着,商品市场...
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