金山复盘
2025.04.18 07:52

鲍威尔今次同特朗普彻底反面,讲白啲就系美联储死守美债信用呢条命根,而特朗普嘅关税大棒将美股(尤其系科技股)打残晒。而家美联储手揸 7.2 万亿资产负债表唔敢乱嚟,10 年期美债息率飙到 4.5%、楼按利率破 7%,呢个时候减息救股市?美债分分钟冧畀你睇,美元霸权嘅地基都震裂啦

反观特朗普嘅关税操作,将半导体呢类全球化最深嘅板块直接打残——辉达(NVIDIA)畀禁令卡住喉咙损失 55 亿,AMD 订单腰斩,连光刻机巨头 ASML 嘅中国订单都冧档,硬生生逼出个「逆全球化估值黑洞」

而家散户要么跟大户夹份炒石油、军火呢啲「政策免疫股」,要么拎黄金当保险箱,睇呢两个阿伯斗法。金山话斋,第三季见真章:要么中美各自收手暂停互斩,要么美国经济数据爆煲逼到鲍威尔含泪减息,但无论边种结局,美元霸权呢块金漆早就甩皮甩骨啦

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