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歷次美國大破產案:美聯儲、黃金、美股是如何反應的?
uSMART盈立智投 03-20 10:05

來源:華爾街見聞

德銀把硅谷銀行破產案放到過去四十年美國最大的破產案比較,圖1展示了不同事件發生在不同的經濟週期、系統性影響、是衝擊資產側還是負債側。

圖2顯示,除了1987年股災和橘子郡破產案(兩者處於經濟週期的早期),美聯儲政策利率都在接下來一年里出現了下調。

圖3顯示,美股在危機發生前普遍慘淡,而危機事件發生後的1-3個月很少比危機前更慘。

圖4顯示,黃金在這些危機時期表現漲跌不一,但最近的幾次表現更好,德銀認爲這可能跟美聯儲激進寬鬆有關。

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