“新债王”:清算时刻必将到来 未来6到9月应全面进入防御姿态

格隆汇
2 hours ago
被称为“新债王”的冈拉克近日明确表示,市场已经“跨入了艰难的一侧”。他预计未来6至9个月将是高风险阶段,建议投资者全面转向防御,并已将自身投资组合中的AI敞口清零。他建议股票敞口配置于等权重指数,以收入最高的约440家公司等权重持有,“这样你在AI上的敞口几乎为零,尽可能远离那个区域”。 他表示,上一季度还持有40%股票,现已降至30%,并已于近期完全退出AI相关敞口。“如果你还在里面,祝你好运。但我们已经过了那个‘一切都很美好’的阶段。”冈拉克同时警告,AI相关信贷市场的裂缝正在扩大,AI领域的资本扩张已经走到极端。超大规模云厂商和AI公司对借钱有着贪得无厌的需求,“利差走阔他们不在乎,利率再上升200个基点他们也不会在乎”。

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