华泰证券：美股或面临三周期共振下行

格隆汇APP2025-04-17

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！格隆汇4月17日｜华泰证券认为，标普500指数目前42个月周期（基钦周期）和100个月周期（朱格拉周期）处于下行状态，200个月周期（库兹涅茨周期）处于底部。另外，2022年以来，全球资产相关性特征发生改变、通胀问题长期化、美国债务约束逐渐显现，基本确认进入康波下行阶段，因此美股面临基钦周期下行、朱格拉周期下行和康波...

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