华尔街看涨呼声下美银独唱“降温”逆调：标普500狂奔三年后，明年将进入“低超额收益”阶段

智通财经2025-12-04

智通财经APP获悉，美国银行表示，在连续三年实现两位数回报率、估值被推升至高位后，美国股市在2026年实现超额收益的空间已十分有限。该行预测，标普500指数将于明年12月底收于7100点左右，较周三收盘价上涨约4%。该指数在2025年迄今已上涨约16%，而此前两年涨幅均超过23%。美国银行美国股票与量化策略主管Savita Subramanian在报告中写道，该行预计美国企业明年将实现两位数的盈利...

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