Core Viewpoint - Investors are expected to diversify their asset allocation away from U.S. stocks by 2026, which will drive a further 10% increase in global benchmark stock indices [2][5]. Group 1: Market Trends - The convergence of profit levels between the U.S. and other global regions is a key reason for this trend [6]. - Key markets outside the U.S. are anticipated to see improvements in earnings per share, driven by European government spending, Japan's reflation, and the widespread application of artificial intelligence [6]. Group 2: Investor Sentiment - Investor confidence in international stocks has increased, with a more optimistic stance on holdings in global markets compared to the U.S. [6]. - Overall risk appetite has broadened compared to a year ago [6]. Group 3: Performance Expectations - The MSCI AC World Index is projected to close at 1360 points by the end of the year, approximately 10% higher than last Friday's closing price [6]. - The S&P 500 index is forecasted to rise by 11% in 2026, indicating that diversification does not necessarily mean a clear sell-off of U.S. assets [6].
花旗策略师认为投资者将进一步分散配置 减少对美股的依赖
Xin Lang Cai Jing·2026-01-12 12:33