来源：市场资讯 然而，并非所有行业都能在这一年收获佳绩。医疗保健行业的联合健康受困于医疗成本上升以及司法部 对其计费行为的调查，全年股价下跌33.14%。同样，客户关系管理领域的领军企业赛富时面临软件市 场饱和的挑战，股价下跌20.25%。耐克和宝洁等消费品公司也未能幸免，股价分别下跌13.83%和 12.26%。 对投资者而言，在当前的市场环境中，选择投资方向需更加审慎。一方面，人工智能和科技创新为相关 行业企业带来了新的增长机遇，卡特彼勒等公司的表现即是明证。另一方面，一些传统行业由于内部和 外部的多重压力，可能在未来一段时间继续面临挑战。因此，在资产配置时，投资者需密切关注全球经 济数据、公司财报及行业动态，以便及时调整投资策略。 卡特彼勒强势表现的背后，是全球对人工智能驱动数据中心需求的激增，这也推动了公司备用发电系统 的销售。数据中心作为现代信息基础设施的核心，其对于可靠电力支持的需求不断增长，为卡特彼勒相 关产品带来了持续的市场需求。同时，全球资本市场的复苏也为大型企业的业绩表现提供了良好的外部 环境。 在这股市场复苏的浪潮中，高盛和摩根大通等金融巨头表现不俗，全年涨幅分别达到56.64%和 37 ...

Group 1 - The current status of US dollar hegemony is facing unprecedented challenges, with a significant decline in its share of global foreign exchange reserves from 71% in 1999 to 57.4% in Q1 2024, marking a historical low [4][5][6] - Emerging markets, particularly Brazil and India, are actively reducing their dollar reserves, with Brazil and China agreeing to conduct trade settlements in local currencies, indicating a shift towards de-dollarization [4][5][6] - The dollar's share in international trade settlements has also shown a slight decline, with its current share at 49.08%, while the euro and yuan are gaining ground [12][13] Group 2 - The US federal debt has surpassed $36 trillion, with a debt-to-GDP ratio of 124%-125%, the highest since World War II, raising concerns about the sustainability of dollar hegemony [16][17][19] - The US is employing unconventional debt monetization strategies, including the introduction of century bonds and inflation-linked bonds, to maintain the attractiveness of dollar assets [40][41] - The Federal Reserve's aggressive monetary policy, including a cumulative rate hike of 500 basis points since March 2022, has led to significant global financial repercussions, exacerbating the trend of de-dollarization [21][22][24] Group 3 - The "de-dollarization" process has accelerated, with over 110 countries actively participating in initiatives to reduce reliance on the dollar, particularly following geopolitical tensions such as the Ukraine crisis [27][28] - Various regions are adopting different strategies for de-dollarization, with BRICS countries establishing local currency settlement systems and Southeast Asian nations planning to reduce dollar settlements in regional trade [28][29] - The challenges to de-dollarization include the high conversion costs associated with the dollar's established network effects and the depth of the US debt market, which remains unmatched by non-US markets [29][30]