美银策略师警告标普500指数年底前恐再跌超8%,最看好大型价值股

格隆汇
Aug 28
美国银行美股及量化策略主管Savita Subramanian将标普500指数年底目标维持在7100点,是彭博调查逾20名策略师中最低,意味着指数将较周四收盘下跌超8%。英伟达预估下一会计年度营收将增长70%,周四再次点燃AI行情,也缓解市场对AI支出动能放缓的疑虑。不过,Subramanian表示,在转为看多以前,她需要看到企业大规模资本支出真正开始带来收入,尤其是AI投资的变现迹象。 她指出,目前市场对运算能力的需求极为强劲,这使本轮科技热潮不同于1990年代末的互联网泡沫。虽然企业杠杆快速升高,但如今借款公司的商业前景及资产负债表,也普遍优于当年的互联网企业。在选股方面,Subramanian最看好大型价值股,包括能源、金融及部分软体公司,这些企业业务体质健康,资产负债表也相对干净。

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