美股波动，美债下跌，美国资产还能投吗？

Group 1: A-Share Market Performance - The A-share market has recently shown strong momentum, stabilizing above 4100 points for the past two weeks, with trading volume exceeding 2.5 trillion yuan for 14 consecutive trading days [1] - Many investors are reporting returns of over 20% on their funds, contrasting with those who previously favored US stocks and dollar-denominated bond funds, who have become more subdued [1] Group 2: US Stock Market Analysis - The US stock market is currently at a turning point, influenced by geopolitical tensions, particularly regarding Greenland, which has led to concerns about a potential trade war with Europe [3] - Despite recent volatility, positive factors include strong earnings reports from financial companies, with Morgan Stanley and Goldman Sachs reporting year-on-year profit increases of 25.92% and 20.31% respectively [5] - The technology sector, particularly TSMC, reported a net profit of 1.72 trillion yuan, a 46.42% increase year-on-year, alleviating some market concerns about an AI bubble [5] - The US stock market has seen increased trading activity, with average daily trading volume rising 44.6% year-on-year to approximately $992.94 billion [6] - Political motivations, particularly the upcoming midterm elections, may lead to efforts to maintain a positive stock market trend, suggesting potential for further gains despite geopolitical risks [7] Group 3: US Bond Market Trends - The US bond market has experienced a decline, with the price of 20-year bonds dropping nearly 5% since October [8] - The primary reason for this decline is the significant increase in global government debt, which now accounts for approximately 94.7% of global GDP, raising concerns about future repayment capabilities [10] - Despite the overall decline in bond prices, US bonds are still considered a relatively good investment option compared to other global bonds, as the US maintains a healthier fiscal position among major economies [13][15] Group 4: Investment Opportunities - Recent adjustments in QDII fund purchase limits provide a favorable opportunity for investors to enter the US asset market, with several funds increasing their minimum investment thresholds [18] - Investors are encouraged to take advantage of market fluctuations to build positions in US stocks and bonds, with a focus on long-term holdings in assets with stable growth potential [21]