高盛总裁：减持美元仅为“过剩资金流出”，投资者回归中性而非“大规模抛售”

Group 1 - Investors are reducing their positions in dollar assets, indicating a shift towards a more neutral stance rather than a large-scale exit from the dollar [1] - Some investors have increased their dollar asset holdings by 10%, 20%, or 30% prior to this shift [1] - The market has shown optimism towards the performance of the U.S. compared to other regions, with most investors increasing their U.S. asset holdings [1] Group 2 - The announcement of tariffs by the Trump administration led to significant market volatility, prompting some investors to withdraw from U.S. assets [1] - Recent progress in U.S.-China trade talks has spurred a market rebound, contributing to a rise in the dollar and recovery in major indices like the S&P 500 and Nasdaq [1] - There is a demand for Chinese stocks and fixed income products, with U.S. companies still able to operate in China despite challenges [1] Group 3 - Tariff measures have also impacted mergers and acquisitions (M&A), leading to a decline in new deals [2] - In April, the number of announced global M&A contracts fell to the lowest level in over 20 years, indicating a potential slowdown in economic activity [2] - Companies involved in M&A transactions may choose to pause their deals due to the uncertainty created by tariff announcements [2]