冈拉克：长期以来美联储都在操纵市场

金十数据2021-05-18

现在距离30年美债收益率到顶还差得很远，这是一个值得警惕的风险因素。 DoubleLine Capital的创始人兼首席执行官杰弗里·冈拉克（Jeffrey Gundlach）表示： “ 美联储长期以来一直在操纵市场。由于数量惊人的刺激，资产估值已经非常非常高。自从美联储开始量化宽松以来，美联储不断扩大资产负债表与标准普尔500指数之间就存在着某种联系，这就像是物理定律。如果将标普500的...

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Miaw
2021-05-19
Miaw
有時真給市場玩死
- AB_Iphone:
  以不变应万变
- AB_Iphone:
  好吧
Jerry6666
2021-05-18
Jerry6666
ok

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Capital的创始人兼首席执行官杰弗里·冈拉克（Jeffrey Gundlach）表示：\n\n “\n 美联储长期以来一直在操纵市场。由于数量惊人的刺激，资产估值已经非常非常高。自从美联储开始量化宽松以来，美联储不断扩大资产负债表与标准普尔500指数之间就存在着某种联系，这就像是物理定律。如果将标普500的...</p>\n\n<a href=\"https://xnews.jin10.com/details/74695\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://xnews.jin10.com/details/74695","article_id":"1167406373","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/0f9e9a265cb0e7e8cb195039b2fe24a4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1167406373","pubTimestamp":1621350147,"sourceInfo":{"source_id":"jssj","name":"金十数据"},"weMediaInfo":null,"summary":"现在距离30年美债收益率到顶还差得很远，这是一个值得警惕的风险因素。\n\nDoubleLine Capital的创始人兼首席执行官杰弗里·冈拉克（Jeffrey Gundlach）表示：\n\n “\n 美联","collect":0,"end_time":0,"defaultTopTitle":"jin10.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"Gundlach: The Fed has been manipulating the market for a long time","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/a4e16f4bad2d87921939afaccda33b3c","symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"现在距离30年美债收益率到顶还差得很远，这是一个值得警惕的风险因素。\n\nDoubleLine Capital的创始人兼首席执行官杰弗里·冈拉克（Jeffrey Gundlach）表示：\n\n “\n 美联储长期以来一直在操纵市场。由于数量惊人的刺激，资产估值已经非常非常高。自从美联储开始量化宽松以来，美联储不断扩大资产负债表与标准普尔500指数之间就存在着某种联系，这就像是物理定律。如果将标普500的市值除以美联储的资产负债表，看起来就是一个常数。即使从历史水平来看股市估值很高，但跟债券比相比，还是低于均值。”\n\n上周三，美国劳工统计局报告称，4月的CPI比3月份上涨了0.8％，远远超出市场预期。除去食品和能源，核心通货膨胀率较上个月上涨了0.9％，是自1982年以来的最大单月涨幅。此外，与去年同期相比，4月份CPI上涨了4.2％，增幅快于预期，是自2008年9月以来的最大涨幅。\n4月CPI高于DoubleLine的预测。冈拉克说，DoubleLine Capital的模型预测通货膨胀率可能在未来几个月内上升，并可能在7月达到顶峰。\n\n “如果通胀继续走高，那么人们会担心通胀是否是暂时的。\n 现在距离30年美债收益率到顶还差得很远，这是一个值得警惕的风险因素。”\n\n在机会方面，曾非常看好大宗商品的冈拉克表示，短期商品涨幅过大。\n冈拉克认为，到年底美元可能会有所上涨。\n自一月份以来，冈拉克的建议是持有浮动利率的公司债券，如银行贷款，如the InvescoSenior Loan (BKLN) ETTF。\n\n “2020年BKLN基本都是净流出，因为人们认为在相当长的时期为零利率，但现在人们开始转变思路，觉得短端利率最终也会上行。银行贷款与其他投资级债券比，具有相同期限或更长的期限，因此，我倾向银行贷款。”\n\nDoubleLine最近还首次买入了欧洲股票。冈拉克称：\n\n 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