周二反弹难以为继?GAM股票主管警告:市场复苏只是“昙花一现”

智通财经
Mar 10

智通财经APP获悉,GAM Investment全球股票主管Paul Markham表示,尽管周二市场出现了反弹,但投资者料将维持谨慎态度,并称当前这波回升行情“很难相信能够持续”。

该投资经理维持其现有持仓不变,坚持“做多科技股、做空银行股”的配置,同时对部分受益于人工智能(AI)热潮的工业股持相当积极的看法。Markham表示,在地缘政治紧张局势下频繁调整投资组合,极易在剧烈波动的市场中遭遇来回“打脸”式亏损。

Markham在接受采访时表示:“对市场而言,最大利好将是空袭结束、战争相关重大头条消息彻底平息。”他认为,若伊朗政权发生更迭,将对市场构成利好。此后,市场焦点将重新回到美国货币政策上。

在对冲策略方面,Markham指出,尽管近期地缘紧张期间黄金表现不佳(主因美债收益率飙升带来持有成本上升),但黄金理论上仍具备对冲价值。

他预计金价有望进一步上行,目标价看向每盎司6000美元附近,并建议配置实物黄金或黄金ETF,而非黄金矿企股——后者成本往往在新兴市场反弹期间大幅攀升。

在通胀问题上,Markham警告称,油价持续高企将开始对通胀产生切实影响,且这一压力将蔓延至英国以外地区。这会给面临选举的各国政府带来挑战,因为生活成本将飙升,房贷成本也会上升。

Disclaimer: 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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10