广发基金投顾团队：四季度美元流动性有望保持宽松，建议以多元配置把握全球机遇

Group 1 - The core viewpoint is that the liquidity environment in the US is expected to remain loose, with the Federal Reserve's recent rate cuts being more preventive than indicative of an economic downturn [1] - The team holds a cautiously optimistic view on US stocks, noting that while liquidity is favorable, current valuations are relatively high [1] - The performance of US stocks in the first three quarters of the year has been strong, driven by optimism around corporate earnings, particularly in the context of the AI wave [1] Group 2 - In emerging markets, a weak dollar combined with ample liquidity typically benefits asset performance, making these markets more attractive to global investors [2] - The team has begun to focus on the value of emerging market allocations since April 2025, increasing related investments in various advisory portfolios [2] - A diversified asset allocation strategy is recommended for investors preferring a more stable approach, as many assets are entering overvalued territory [2]