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A | 美东时间周一,摩根大通在研报中表示,对今年剩余时间的股市依旧维持乐观,但认为上涨将来自板块轮动,而非普涨式的猛烈拉升。 看好美股年内走势 小摩策略师法比奥·巴西(Fabio Bassi)在报告中写道:“对于股票市场,我们对年底前行情保持建设性看法,预计市场缓步上行,行情主线是板块轮动,而非全面普涨。” 该行表示,近期半导体板块反弹,代表市场风险偏好出现战术性修复;而在美联储政策保持耐心、抑制市场波动的背景下,市场仓位水平与板块分化程度将主导下一阶段行情。

B | Salman Khan broke down remembering late actor Dharmendra during the finale of his show Bigg Boss 19. The actor paused the celebrations and paid a tribute to Dharmendra who passed away in November. A special segment was played during the finale featuring a compilation of the late actor's past appearances on the show. It also highlighted his bond with Khan. The clip also featured a throwback moment where Dharmendra had referred to Salman as his son. View this post on Instagram A post shared by JioHotstar Reality (@jiohotstarreality) The actor said, "Salman said, "We lost the most amazing man, I don't think Dharam ji se better koi admi hai aur jo unhone life jee hai king size jee and gave 60 years of entertainment (I don't think there is anyone better than Dharam Ji and he lived a king size life, giving us 60 years of entertainment). He gave us Sunny, Bobby and Esha. He only wanted to keep working until the last days. He has done all the roles, drama, comedy, emotion. In my career graph I have only followed Dharam ji and nobody else. Ek charming personality lekar aaye the. Love You Dharam ji, always miss you." Salman Khan also shared that Dharmendra passed away on his father Salim Khan's birthday and December 8 marked both Dharmendra's birth anniversary and Khan's mother Salma Khan's birthday. He continued, "If I am feeling like this then what will his family be feeling - Sunny, Bobby, Prakash aunty, Esha, Ahana and Hema ji." The veteran actor, affectionately known as Bollywood’s He-Man and Dharam Paaji, passed away on November 24 at the age of 89. His passing leaves behind an unmatched legacy of over six decades. The actor, born as Dharmendra Singh Deol, breathed his last at his residence. He was admitted to Breach Candy hospital earlier this month due to respiratory complications. A prayer meet was held by his family on November 27. Also Read: Salman Khan, Chitrangda Singh Seen in Army Uniforms as Battle of Galwan BTS Photo Goes Viral。

C | 总体而言,摩根大通看好优质成长股与超大规模云厂商;同时,经过近期估值重定价之后,半导体板块同样具备吸引力。 摩根大通补充称,如果在美国通胀切实回落的“金发姑娘”良性经济环境下,美联储维持利率按兵不动,市场涨势有望进一步扩散。 近期美债波动反映资本需求增多 摩根大通还讨论了近期美债市场的波动。小摩指出,当前大背景是长端美债遭到猛烈抛售,发达经济体收益率曲线再度陡峭化。 而这背后的驱动因素,一方面来自供给层面的挤出效应:超大规模云厂商的资本开支,与主权债券发行争夺市场资金;另一方面,市场对AI商业化落地的信心提升,推高投资的实际回报水平。

D | 对风险资产至关重要的一点是,小摩并不把这一轮债市变动解读为政策失误的信号。研报写道:“长端收益率走高、收益率曲线陡峭化,更多反映出资本需求与投资机会增多,而非市场担忧政策出错。” 摩根大通同时表示,在其基准情景下,期限溢价仅会出现小幅上行,因此本轮变化不会触发大范围风险资产抛售。 摩根大通还提到,美国财政部扩大10年期、30年期美债回购规模,释放出政策层面对长端收益率上行的不安情绪;并且该行预计,本周的杰克逊霍尔全球央行年会也难以厘清市场对美联储政策反应机制的争论。
(文章来源:财联社)。
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