（中央社記者潘智義台北11日電）駿利投顧指出，雖然關切美國總統當選人川普的自由貿易區等政策，但也相信川普於競選期間所表達的立場，終將有益於美國的經濟成長。
駿利表示，風險性資產立即顯著的下滑，代表了不確定性存在，也減低市場對美聯準會將於12月升息的預期。未來數週或數月，當新的美國政府組成，以及與國會溝通的管道建立之際，將是決定與分析政策重點的關鍵。
駿利認為，近期政策的不確定性將影響風險性資產，包括美股、高收益企業債，甚至投資級債券。或許更立即性的衝擊將會是新興市場股票、貨幣與主權債。而選後資金飛向高品質資產，將有利於美國政府債，可由先前隔夜交易的政府債殖利率受壓抑佐證。
因此，預期近期美元將面臨壓力，而投資人的尋求匯市避風港將可能使日圓與歐元受益。
長期而言，駿利評估，川普行政團隊的刺激性財政行動，配合其他政策帶來的成長，形成經濟擴張將有益於股市。雖然財政支出增加可能有助於加速成長，不過也有可能使美國已面臨挑戰的財政部位更形惡化，並限制政府債殖利率的下跌。
上述成長方式也將伴隨通膨上升，進而形成推升殖利率的力量，但也由於美國與其他已開發國家存在利差，美國政府債殖利率所受到的推升會被壓抑住，因為海外資金將持續流入收益較高的美國證券。1051111
var LIGHTBOX_DARLA_CONFIG ={"useYAC":0,"usePE":0,"servicePath":"https://tw.news.yahoo.com/__darla/php/fc.php","xservicePath":"","beaconPath":"https://tw.news.yahoo.com/__darla/php/b.php","renderPath":"","allowFiF":false,"srenderPath":"https://s.yimg.com/rq/darla/2-9-9/html/r-sf.html","renderFile":"https://s.yimg.com/rq/darla/2-9-9/html/r-sf.html","sfbrenderPath":"https://s.yimg.com/rq/darla/2-9-9/html/r-sf.html","msgPath":"https://tw.news.yahoo.com/__darla/2-9-9/html/msg.html","cscPath":"https://s.yimg.com/rq/darla/2-9-9/html/r-csc.html","root":"__darla","edgeRoot":"https://s.yimg.com/rq/darla/2-9-9","sedgeRoot":"https://s.yimg.com/rq/darla/2-9-9","version":"2-9-9","tpbURI":"","hostFile":"https://s.yimg.com/rq/darla/2-9-9/js/g-r-min.js","beaconsDisabled":true,"rotationTimingDisabled":true}var t_MediaGalleryBobaSpotlight_start = new Date().getTime();
1 - 25
/ 30
In this image released by CBS News, 60 MINUTES Correspondent Lesley Stahl, left, interviews President-elect Donald J. Trump and his family, wife Melania, daughter Ivanka, seated right, daughter ．．． 較多In this image released by CBS News, 60 MINUTES Correspondent Lesley Stahl, left, interviews President-elect Donald J. Trump and his family, wife Melania, daughter Ivanka, seated right, daughter Tiffany, seated second row from left, and sons Donald Jr. and Eric at his home, Friday, Nov. 11, 2016, in New York. The first post-election interview for television will be broadcast on 60 MINUTES on Sunday. (Chris Albert for CBSNews/60MINUTES via AP) 較少
1 / 30
Associated Press
2016年11月12日週六 台北標準時間上午8時03分
Share to Facebook
Share to Twitter
Share to Pinterest
Close
Previous imageNext image
var lightbox_ult_mid="spotlight_article_embedded1",lightbox_ult_mit="Article Body",lightbox_ult_site="news",lightbox_ult_region="TW",lightbox_ult_lang="zh-Hant-TW",lightbox_default_spaceid="2144404914";
var t_MediaGalleryBobaSpotlight_end = new Date().getTime();
86C1332ADB195156
留言列表
