开局不利！美股财报季凶多吉少，赢家和输家又会是谁

第一财经2022-07-17

马拉松资产管理公司CEO理查兹认为系统性违约的潜在风险大增。美股二季度财报季本周拉开帷幕，美国四大行摩根大通、摩根士丹利、花旗、富国银行率先开局，然而四大行中，仅花旗一家营收超出华尔街预期，其他大行净利润均两位数下滑，跌幅在28%~48%。今年4-6月，美国企业面临前所未有的多重挑战：通胀高企；美联储猛踩油门，启动数十年来最猛加息周期；经济衰退声浪此起彼伏；美股震荡不止深陷熊市。在这样的背景下此次...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

笨开心
2022-07-18
笨开心
漂亮国改变作风，才能从根本解决问题！改掉傲慢，霸权，威胁，压榨，欺骗，胁迫，双标，歧视，对抗，迫害，制造混乱等恶习！与其他国家打造命运共同体！他国才能放掉戒心，互惠互利，共同发展…！反之亦然…！
- 陈文红:
  学习
- 樱桃草莓:
  1
- 奈何桥de旋律:
  666
- 愚心:
  l
- 只想赚钱的狗狗一只:
  难

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2251749618?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/efc15dcea979810f417bc248813d0b98","is_english":false,"pubTime":"2022-07-17 09:14","share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","id":"2251749618","market":"hk","top_or_hot":-1,"title":"开局不利！美股财报季凶多吉少，赢家和输家又会是谁","media":"第一财经","content":"<div>\n<p>马拉松资产管理公司CEO理查兹认为系统性违约的潜在风险大增。美股二季度财报季本周拉开帷幕，美国四大行摩根大通、摩根士丹利、花旗、富国银行率先开局，然而四大行中，仅花旗一家营收超出华尔街预期，其他大行净利润均两位数下滑，跌幅在28%~48%。今年4-6月，美国企业面临前所未有的多重挑战：通胀高企；美联储猛踩油门，启动数十年来最猛加息周期；经济衰退声浪此起彼伏；美股震荡不止深陷熊市。在这样的背景下此次...</p>\n\n<a href=\"https://finance.sina.com.cn/roll/2022-07-16/doc-imizirav3711664.shtml\">网页链接</a>\n\n</div>\n","source":"highlight_sina","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>开局不利！美股财报季凶多吉少，赢家和输家又会是谁</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n开局不利！美股财报季凶多吉少，赢家和输家又会是谁\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 09:14 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/roll/2022-07-16/doc-imizirav3711664.shtml><strong>第一财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>马拉松资产管理公司CEO理查兹认为系统性违约的潜在风险大增。美股二季度财报季本周拉开帷幕，美国四大行摩根大通、摩根士丹利、花旗、富国银行率先开局，然而四大行中，仅花旗一家营收超出华尔街预期，其他大行净利润均两位数下滑，跌幅在28%~48%。今年4-6月，美国企业面临前所未有的多重挑战：通胀高企；美联储猛踩油门，启动数十年来最猛加息周期；经济衰退声浪此起彼伏；美股震荡不止深陷熊市。在这样的背景下此次...</p>\n\n<a href=\"https://finance.sina.com.cn/roll/2022-07-16/doc-imizirav3711664.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1542","symbol_name":"内地物业管理股","start_time":0,"source_url":"https://finance.sina.com.cn/roll/2022-07-16/doc-imizirav3711664.shtml","article_id":"2251749618","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/efc15dcea979810f417bc248813d0b98"],"rights":{"source":"highlight_sina","url":"https://finance.sina.com.cn/roll/2022-07-16/doc-imizirav3711664.shtml","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.art_tit_h1{#titleStyle#}a{#lv2TextColor#}","selectors":".art_box, article","filters":"header, .voice2, .tags, #norm_qrcode_link_auto, .unfold-box, .action, .fl_popup, .weibo_info","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2251749618","pubTimestamp":1658020451,"columns":[],"sourceInfo":{"source_id":"highlight_sina","name":"新浪港股"},"weMediaInfo":null,"summary":"马拉松资产管理公司CEO理查兹认为系统性违约的潜在风险大增。　　美股二季度财报季本周拉开帷幕，美国四大行摩根大通、摩根士丹利、花旗、富国银行率先开局，然而四大行中，仅花旗一家营收超出华尔街预期，其他大行净利润均两位数下滑，跌幅在28%~48%。在这样的背景下此次财报季是否“凶多吉少”？","collect":0,"end_time":0,"defaultTopTitle":"sina.com.cn","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK1542":"内地物业管理股","09983":"建业新生活","BK1583":"高瓴概念","BK1229":"房地产经营公司"},"translate_title":"Bad start! The US stock earnings season is full of troubles. Who will be the winners and losers","themeId":"","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/c26dca224c56ae7c2cb004232f68e7b2","symbols_score_info":{"09983":0.62},"content_text":"马拉松资产管理公司CEO理查兹认为系统性违约的潜在风险大增。美股二季度财报季本周拉开帷幕，美国四大行摩根大通、摩根士丹利、花旗、富国银行率先开局，然而四大行中，仅花旗一家营收超出华尔街预期，其他大行净利润均两位数下滑，跌幅在28%~48%。今年4-6月，美国企业面临前所未有的多重挑战：通胀高企；美联储猛踩油门，启动数十年来最猛加息周期；经济衰退声浪此起彼伏；美股震荡不止深陷熊市。在这样的背景下此次财报季是否“凶多吉少”？当地时间15日，金融数据公司FactSet发布最新报告，预计二季度标普500指数成分股盈利将较去年同期增长4.2%，较一季度盈利增速9.2%大幅下滑，如果测算准确，二季度将成2020年四季度以来的最差季度表现。多位华尔街人士向第一财经表示，未来数周将重点关注企业对今年剩下时间的前瞻指引，特别是主要银行、大型跨国企业对2023年全球经济前景的判断。系统性违约风险大增纽交所交易员安德森（Timothy Anderson）在接受第一财经记者采访时，总结了拖累上季业绩的几大因素。安德森认为，美联储如何应对通胀至关重要。一方面，高通胀伤害购买力，令企业营收承压；另一方面，伴随着高通胀的高利率将拖累企业盈利能力；同时，由于股市回报通常与企业盈利增长正相关，后者表现不佳也会影响股票回报。13日，劳工部公布6月美国消费者价格指数（CPI）同比飙涨9.1%，续刷1981年11月以来最大增幅，5月和4月CPI同比涨幅分别为8.6%和8.3%。6月，能源价格同比爆涨41.6%，是1980年4月以来的最大同比涨幅，食品价格同比上涨10.4%，为1981年2月以来的最大同比涨幅。马拉松资产管理公司（Marathon Asset Management）CEO理查兹（Bruce Richards）也表示，企业在材料成本、员工薪资、生产制造、服务投入等方面都受到挤压，另一方面，随着利率上行、借贷成本上升，企业营收增长也会逐步放缓甚至倒退。由于成本增加，企业的多项评级会遭下调，系统性违约的潜在风险大增。券商OANDA高级市场分析师莫亚（Edward Moya）告诉第一财经记者，企业面临的最大风险就是通胀持续高烧迫使美联储于未来数月激进紧缩，引发全球经济衰退。强美元影响避险情绪升温及加息预期渐强，资金追捧美元，今年以来美元延续火爆行情。12日，衡量美元对六种主要货币的美元指数站上108，创2002年10月以来新高，今年以来美元已累计上涨13%。莫亚指出，对大型跨国企业来说，外汇逆风因素将成财报季的一大焦点，预计强势美元将使许多企业的收入和利润减少。事实上，微软已于6月初下调业绩指引，预计外汇波动令二季度营收减少4.6亿美元，下调营收指引区间至519.4-527.4亿美元，下调每股盈利区间至2.24-2.32美元。不过，安德森提供了另一种角度。“许多人会说，在企业面临的所有潜在问题中，强美元相对来说没那么糟糕，因为强势美元意味着外界对美国经济前景具有信心。”他说。赢家和输家据金融数据公司FactSet的测算，银行板块将成二季度最大输家，拖累整体盈利表现。该机构预计，今年二季度银行股盈利将同比下滑25.2%，原因是相较于去年同期，银行将大幅增加贷款损失拨备。如不计入该板块，标普500指数成分股盈利将同比增长11.2%。已经放榜的四大行上季共新增近15亿美元的贷款损失拨备。据FactSet的测算，标普500指数成分股当中有18只银行股，将在报告期内合共增加45亿美元的贷款损失拨备，而去年同期，银行业则是减少坏账拨备74亿美元。该机构预计，今年剩下时间，银行股盈利增长可能继续受到拨备增长的负面影响。而在标普500指数11个板块当中，能源板块将成领头羊，贡献最大营收和盈利涨幅。如不计入该板块，标普500指数成分股盈利将同比下降4.8%。据FactSet的测算，二季度能源股营收将较一季度增长48.2%，为所有板块中增速最快的，期内油价上涨提振能源股盈利表现，WTI原油期货平均价格较去年同期上涨64%，预计能源股盈利将同比暴增255.4%。","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":686956521,"gmtCreate":1658097322464,"gmtModify":1704868873995,"author":{"id":"4120436153082010","authorId":"4120436153082010","name":"笨开心","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4120436153082010","authorIdStr":"4120436153082010"},"htmlText":"漂亮国改变作风，才能从根本解决问题！改掉傲慢，霸权，威胁，压榨，欺骗，胁迫，双标，歧视，对抗，迫害，制造混乱等恶习！与其他国家打造命运共同体！他国才能放掉戒心，互惠互利，共同发展…！反之亦然…！","listText":"漂亮国改变作风，才能从根本解决问题！改掉傲慢，霸权，威胁，压榨，欺骗，胁迫，双标，歧视，对抗，迫害，制造混乱等恶习！与其他国家打造命运共同体！他国才能放掉戒心，互惠互利，共同发展…！反之亦然…！","text":"漂亮国改变作风，才能从根本解决问题！改掉傲慢，霸权，威胁，压榨，欺骗，胁迫，双标，歧视，对抗，迫害，制造混乱等恶习！与其他国家打造命运共同体！他国才能放掉戒心，互惠互利，共同发展…！反之亦然…！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/686956521","repostId":2251749618,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7560409,"gmtCreate":1658798993112,"gmtModify":1658798997059,"authorId":4117969391945940,"author":{"id":4117969391945940,"idStr":"4117969391945940","authorId":4117969391945940,"name":"陈文红","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":686956521,"type":1,"supId":0,"prevId":0,"content":"学<u>习</u>","text":"学<u>习</u>","html":"学<u>习</u>"},{"id":7560381,"gmtCreate":1658798377501,"gmtModify":1658798381979,"authorId":3573203609995210,"author":{"id":3573203609995210,"idStr":"3573203609995210","authorId":3573203609995210,"name":"樱桃草莓","avatar":"https://static.tigerbbs.com/9b9f44ba197c69d635e6c28ea5af80e9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":686956521,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">1</span>","text":"<span class=\"s1\">1</span>","html":"<span class=\"s1\">1</span>"},{"id":7544186,"gmtCreate":1658110587786,"gmtModify":1658110588585,"authorId":3487918975260179,"author":{"id":3487918975260179,"idStr":"3487918975260179","authorId":3487918975260179,"name":"奈何桥de旋律","avatar":"https://static.tigerbbs.com/39215fb04ba7da5e905a3a6ab4d3ece4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":686956521,"type":1,"supId":0,"prevId":0,"content":"666","text":"666","html":"666"},{"id":7544169,"gmtCreate":1658110227703,"gmtModify":1658110228658,"authorId":3543989841453289,"author":{"id":3543989841453289,"idStr":"3543989841453289","authorId":3543989841453289,"name":"愚心","avatar":"https://static.tigerbbs.com/1fb428b48c9c130c329e6dbee7a62740","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":686956521,"type":1,"supId":0,"prevId":0,"content":"l","text":"l","html":"l"},{"id":7544163,"gmtCreate":1658110136320,"gmtModify":1658110137143,"authorId":3582327190958191,"author":{"id":3582327190958191,"idStr":"3582327190958191","authorId":3582327190958191,"name":"只想赚钱的狗狗一只","avatar":"https://static.tigerbbs.com/0b6a40a9a411f439660c230b2b28b0cd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":686956521,"type":1,"supId":0,"prevId":0,"content":"难","text":"难","html":"难"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2251749618"}