联博基金：支撑2026年权益市场的主要逻辑未变

Group 1 - Recent global stock market corrections are driven by two main factors: rational reflection on previously high growth expectations in the AI sector and stronger-than-expected U.S. non-farm employment data, which diminishes expectations for a Federal Reserve rate cut in December [1] - Despite the market correction, the long-term outlook for the A-share market remains positive, as the AI technology revolution is ongoing and presents significant growth opportunities [1] - The Federal Reserve's current rate hike cycle is likely at its peak, and a shift towards easing monetary policy is expected, providing crucial liquidity support for the market [1] Group 2 - Recent global market volatility may create strategic investment opportunities for A-shares, as the Federal Reserve is expected to maintain a loose policy environment through 2026 [2] - Continuous domestic policy support is effectively boosting corporate profitability and investment value, with listed companies' ROE levels and dividend yields expected to rise steadily [2] - Private enterprises are playing an increasingly critical role in driving high-quality economic development through innovation and efficiency improvements [2]