富國銀行:關稅壓力致美股今年破頂無望 料明年可期
富國銀行表示,美國總統特朗普加徵關稅令美股今年表現受限,企業盈利或因通脹上升、利潤受壓及經濟放緩而面臨挑戰。不過,該行認爲,投資者可預先爲明年美股潛在升勢先作部署。
富國銀行研究院總裁Darrell Cronk撰文指出,美股於今年初創下的高位短期難以突破,主要是因爲關稅打擊企業及消費者信心,加上預期經濟即將放緩。不過,若美國未步入衰退,美股下行風險已於4月見底,預期今年底前向下空間有限,反彈潛力則有望於2026年底前顯現,並有機會再創新高。
他稱,雖然美股短期回報或疲軟,但投資者應該透過買入優質股掌握復甦機會,他看好美國大型股和中型股,預計美國將在經濟領域及股市仍能保持全球領先地位。
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