‌格陵兰岛风波持续发酵，美股准备先跌为敬？

Group 1 - The core issue revolves around the escalating tensions between the US and Europe regarding Greenland, which is impacting the market significantly, prompting Wall Street to prepare for stock sell-offs [2] - Citigroup has downgraded its rating on European stocks, citing potential damage to corporate earnings, marking the first downgrade in a year, despite European stocks previously outperforming US stocks by 2025 [2] - Morgan Stanley's chief US equity strategist, Mike Wilson, notes that the direct cost impact of President Trump's new tariff threats on major US stock indices is relatively limited, but sectors like automotive, consumer staples, materials, and healthcare face the highest risks [2] Group 2 - Concerns are rising that the EU may activate its "anti-coercion tool," which could target the service sector and pose greater challenges for large US tech stocks [2][3] - Goldman Sachs' chief European economist, Sven Jari Stehn, indicated that activating this tool signals potential EU actions without immediate sanctions, encompassing measures beyond tariffs, such as investment restrictions and taxes on US assets and services [3] - The market's apprehension is reflected in the Nasdaq 100 futures, which have declined ahead of the earnings reports from major US tech companies [3] Group 3 - TS Lombard's Christopher Granville suggests that significant market declines would only occur if US-EU tensions escalate beyond tariff increases to more severe confrontations, such as using LNG exports as leverage or restricting US tech companies' market access [3] - Wilson expresses a relatively optimistic view on small-cap stocks, noting that their fundamentals are improving, which is driving their performance to potentially outperform the broader market [3][4] - Morgan Stanley's favored small-cap sectors include consumer discretionary, regional/mid-sized banks, short-cycle industrials, and biotechnology stocks [4]