Izithelo zokuhlukaniswa zamabhondi oMgcinimafa zaziyisici esibalulekile ekusekeleni imakethe yesitoko njengoba i-coronacrisis yaqala cishe ngonyaka owedlule. Kodwa-ke, ukuncishiswa ngokweqile kusuka ohlelweni lwe-Federal Reserves noHulumeni, kanye nokulindelwe kwephakeji elisha lezinyathelo ezivuselelayo kanye nokukhula okuqinile komnotho ngemuva kokugoma okukhulu, kuqinisekiswa ukwanda okusheshayo kwenzuzo. Kuma-Bonds weMgcinifazi Weminyaka eyi-10, uthele kuleli sonto kuleli sonto u-1.3%, yize ekuqaleni konyaka kwakukhona cishe ngo-0.9%.
Imakethe ibicabanga ngo-inflationIzinga lokukhula lanyanga zonke lenzuzo ngoFebhuwari lingaba linye okusheshayo kusukela ngo-2018. Abatshalizimali baqala ukucabanga ukuthi izindleko zokubolekwa kwemali kanye namanani wesaphulelo, umhlahlandlela osebenza inzuzo kahulumeni, izinkinga zemakethe yesitoko .
"Imakethe yamasheya izokwazi ukugaya ngokuthula kancane ukwanda kancane kancane kulokhu kulo nyaka olandelayo," kusho uKiran Ganesh, i-UCL WALVAL WALKPATITY Management Strategist. - Kepha uma lokhu kwenzeka ngokushesha, kungaholela ezinkingeni ezibaluleke kakhulu. "
Ithemba lokwabiwa kwelinye $ 1.9 trillion kusuka kwisabelomali, ukuqaliswa kwesidingo esinqunyelwe kusuka kubathengi ngemuva kokukhishwa kwemikhawulo yezenhlalo ehlukahlukene kanye nokulondolozwa kwenqubomgomo yezezimali eFed. Ukubizwa okubizwa ngokuthi ikhefu lekhefu elineminyaka engu-10 ubudala (isilinganiso seminyaka eyi-10, umehluko phakathi kokuvunwa kwamaphepha amakhulu ayishumi nanhlanu ajwayelekile kanye namabhondi avikelwe ukwehla kwamandla emali, amathiphu), asetshenziselwa ukuhlola okulindelwe ukwehla kwamandla emali, kukhuphuke ku-2.2%, amazinga aphezulu kusukela ngo-2014
Okwamanje, inkomba ekhethwayo yokungenisa inselelo, inkomba yamanani ayisisekelo yokusebenzisa imali yabathengi (ngaphandle kwemikhiqizo yamandla), ingu-1.5% (idatha yo-December). Lokhu kuphansi kakhulu kunenhloso yesikhathi eside yeFed ngo-2%. Enye inkomba, inkomba yentengo yabathengi, ayikashintshi ngoJanuwari uma iqhathaniswa noDisemba, futhi ngokwemibandela yonyaka yakhula ngo-1.4%.
Njengoba amabhondi ayithuluzi elinemali ehleliwe, ukwehla kwamandla emali kudla izinkokhelo kuzo ezithola abatshalizimali.
Ngokuvamile kubhekwa ukuthi ukwehla kwamandla emali okulinganiselayo kuhle emakethe yamasheya. Nge-Ightation ephansi, kepha kancane kancane, imakethe yesitoko yase-US ikhula ngejubane eliholayo kuma-90% amacala, ngokusho kokubalwa kukaSean Markovic, i-Investment Strategistiast of Schroders.
Kepha ukwanda kwentengo okusheshayo kakhulu kungashaya izingcaphuno ezinjalo kuma-maxima omlando, ikakhulukazi emkhakheni wezobuchwepheshe oshiswe ngokweqile. Ukwanda kwezindleko zokukhiqiza ngenxa yokwehla kwamandla emali kuzoholela ekwehliseni inzuzo yenhlangano. Ukukhula kwenzuzo kanye namanani wenzalo kunciphisa inani lamanje lokugeleza kwemali okuzayo, ngaleyo ndlela kunciphisa inani lezinkampani ngamamodeli alinganisiwe. "Uma usheshisa ukwehla kwamandla emali, imakethe ngokuvamile kufanele yehlise ukugeleza kwemali okuzayo ngesilinganiso esiphakeme ukunxephezela iqiniso lokuthi inani labo imali lincane," kuchaza uMarkovitz.
Phambi kwabatshalizimali, manje sekufanele umsebenzi onzima - ukuthola ukuthi ingcindezi ye-inflationary iba phezulu kakhulu. "Kunzima ukukhombisa inani elithile," kusho uJeffrey Palma, umqondisi wokutshalwa kwemali ku-State Street Global Advisors. Kepha ngokubheja - ngisho nokubheja "empeleni" ngenhla kwe-3%, isimo esemakethe yamasheya sizoba "kancane kancane".
Ngokusho kokuhlaziywa kwemininingwane yomlando, esanda kuchitha ama-Goldman Sachs, isivuno kufanele sikhule ngenyanga ngamaphoyinti angamaphesenti angama-0,36 ukuze imakethe yamasheya ibambeke. Ngokusho kwePaphaca Pura, umqondisi wokutshalwa kwezimali ezimakethe zase-US of Deutsche Bank Wealth Management, kufanele adlule okungenani ama-1.75% azoqala ukuthonya imibono yabatshalizimali yindawo engcono kakhulu Ukutshala imali "
Ukulondolozwa kokulindelwa kwe-inflation okwengeziwe kungaholela ekuvukeni kabusha emakethe, kunciphise isidingo samasheya emikhakheni ekhula ngokushesha, njengobuchwepheshe, kanye nemikhakha esekelayo elahlekelwe yisikhathi eside ethandwa ngabatshalizimali. Phakathi kwakamuva yizinkampani zakamuva zezezimali nezamandla amasheya awo ajwayele ukukhula ngokushesha ekusheshiseni ukwehla kwamandla emali. "Indlela ejwayelekile lapha ukutshala imali enkampanini enamandla kakhulu esiteji somjikelezo wezomnotho. Ukwenza ngcono isimo sezomnotho iningi lazo zonke kusiza izinkampani ezibhekwa njengezibuthakathaka ngokwengeziwe, kusho ochwepheshe abaphambili e-US stock Market Credit Suisse.
Bamba indlebe yakho ku-EGORIsimo singandisa ehlobo, abanye abatshalizimali bakholelwa. Ngokokubikezela kwabo, umnotho uzolulama ngokushesha ngaleso sikhathi, kubandakanya ukubonga kokungena kwemali eyengeziwe kwisabelomali. Ungqongqoshe wezezimali weJanet Yelevin usanda kuphindaphinda lokho endabeni yokuxhaswa kwesabelomali komnotho okudingeka "usebenze ngokukhulu". Futhi usihlalo weJerome Powell wagcizelela ukuthi wayekulungele ukuqhubeka "enza ngesineke inqubomgomo yokuvuselela" yezimali.
"Esikhathini esithile ehlobo, ukwehla kwamandla emali kuzoba ngaphezulu kwenhloso [kudliwe] futhi kuzoqhubeka ukusheshisa, futhi amanani enzalo azokhula eduze kwe-zero, kanye ne-fed - qhubeka nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubeke nokugijima imali, - uke uqhubekele phansi. "I-Fed isitshela ukuthi konke kuzolunga, futhi sicabanga ukuthi konke kuzolunga ... kodwa mhlawumbe kunikeza ukwesaba okuthile."
Ukwesaba kungashintsha ukwesaba, kuxwayisa uGolly: "Uma ukukhula kwamanani okuthenga kwabathengi kungaphenduki, abatshalizimali emakethe yamasheya bazobona kubi kabi."
Kuhunyushwe uMikhail Overchenko