Evercore ISI：对2026年美股基本情境的判断是波动性将升高

格隆汇01-04 14:57

格隆汇1月4日｜标普500指数2025年累计上涨约16.4%，连续三年涨幅超过10%，近三年累积上涨78%。根据Evercore ISI统计，历史上指数连三年的年涨幅都超过10% 共发生过九次，而这九次的隔年股市平均涨幅仅4.6%，其中五次甚至是下跌的，例如2022年就曾重挫19%。Evercore策略师Julian Emanuel表示，当市场已将好消息完全反映在价格上，回吐部分涨幅的机率自然提高...

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