【百亿基金内参】锁定2026新主线：AI Agent突破、航空黄金窗口与消费预期差

Group 1 - The core viewpoint emphasizes that 2026 will be a pivotal year for AI applications, with personal general agents potentially being the biggest breakthrough and investment focus [1] - The aviation industry is experiencing a rare improvement in supply-demand dynamics, supported by three favorable factors: ticket prices, oil prices, and exchange rates [1] - Despite pressures on complete vehicles, there are highlights in the automotive sector due to the globalization of auto parts and the favorable cycle in heavy-duty trucks, leading to excess returns [1] - Consumer expectations show a divergence, with high-end products and cost-effective options both thriving, indicating that structural prosperity is underestimated by the market [1]