美小盘股强势反弹:结构性拐点,还是高风险狂欢?

国际金融报
Feb 26

近一段时间,美国小盘股市场开始回暖,其表现显著优于大盘股。这种转变的背后,是市场情绪和基本面的双重驱动。不过,部分市场观察人士警示,这或是美国股市风险积聚的又一信号。近几个月来,美国小盘股市场出现显著反弹,结束了长期的低迷表现。自2025年10月以来,小盘股的表现显著优于大盘股,这引发了投资者的一个重要问题:这仅仅是短期反弹,还是更持久的趋势?回报率高达10.9%在经历了近三年的急剧下滑之后,美国...

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