Market Overview - The S&P 500 has experienced a strong performance, gaining over 14% in the past year and 0.3% so far in 2026, following three consecutive years of returns above the long-term average of approximately 10% [1] - Major Wall Street firms are optimistic about the S&P 500, with forecasts predicting the index to reach between 7,500 and 8,000 by the end of 2026 [4] Economic Conditions - The U.S. economy is showing signs of a "K-shaped" recovery, with higher-income households driving spending while labor market concerns persist [2] - GDP growth has accelerated and inflation has eased, but there are lingering worries about high equity valuations and risks in private credit and corporate debt [3] Investment Predictions - Elevated multiples are expected to drive stock market gains, supported by anticipated above-trend earnings growth, an AI-led capital spending boom, and rising shareholder payouts [5] - S&P 500-based ETFs such as Vanguard S&P 500 ETF (VOO), iShares Core S&P 500 ETF (IVV), and SPDR S&P 500 ETF Trust (SPY) are highlighted as balanced investment options [6] Commodities Outlook - Commodities, particularly metals, had a standout year in 2025, with gold and silver reaching all-time highs and copper hitting record levels due to supply-chain disruptions [7] - Industrial metals are expected to continue thriving in 2026, with ETFs like iShares Silver Trust (SLV) and United States Copper ETF (CPER) in focus [8] Banking Sector - Banks are entering a favorable period with falling benchmark rates and strong deal activity, leading to expectations of strong performance in 2026 [11] - The Invesco KBW Bank ETF (KBWB) has already outperformed the S&P 500, indicating positive momentum in the banking sector [11] Technology Sector - The tech sector remains robust, with a projected 30% year-over-year increase in global semiconductor sales, pushing the industry past the $1 trillion revenue mark in 2026 [12] - ETFs like First Trust Nasdaq Semiconductor ETF (FTXL) and WisdomTree Cloud Computing Fund (WCLD) are expected to benefit from this growth [12] Renewable Energy - The solar energy sector is experiencing a resurgence, driven by falling costs of photovoltaic panels and battery storage, making it a more attractive investment option [15][16] - Clean energy ETFs such as Invesco Solar ETF (TAN) and Invesco WilderHill Clean Energy ETF (PBW) have shown significant gains, reflecting the positive outlook for the sector [16] International Markets - International markets outperformed U.S. markets in 2025, driven by cheaper valuations and aggressive stimulus in Europe and Asia [17] - The trend of international equities delivering better performance than U.S. markets is expected to continue into 2026 [17]

当地时间12月30日，美联储公开的12月议息会议纪要显示，货币政策制定者内部就未来降息路径的分歧加剧，外界判断 美联储明年初将谨慎对待进一步 降息。 在美联储12月货币政策会议纪要公布后，交易员维持美联储2026年内两次降息押注，而非12月初预期的三次。 受会议纪要影响，当地时间12月30日，长期美债收益率小幅上行，令高成长股承压，市场延续保守交易策略，资金流向防御型的公用事业板块，科技、金 融等板块下跌。美国股市三大股指小幅收跌，其中 道琼斯工业指数跌0.2%，报48367.06点；标准普尔500指数跌0.14%，报6896.24点；纳斯达克指数跌 0.24%，报23419.08点。 贵金属作为2025年以来回报率最高的大类资产之一，不得不提黄金、白银。回顾全年，金价不断刷新历史高位，先后经历了关税驱动、降息预期，以及技 术回调等几个主要阶段。其中伦敦黄金现货价格在年末再度冲刺，最高冲上4550美元/盎司，年内累计涨幅一度达到70%，成为年度表现最亮眼的资产之 一。 美联储的政策动向一直是黄金市场的最重要风向标。12月10日美联储如期宣布连续三次降息，并启动技术性扩表。12月降息25个基点的决议遭到三票反 ...

恒银期货：俄乌和平推进尽管进展缓慢，但大方向逐步趋于缓和，叠加前期涨幅过大，短期多头获利了结需求带动盘面回调是前期可以预料到 的。大方向上，美国进一步降息的押注、地缘紧张局势、各国央行的强劲需求以及上市交易基金(ETF)持有量的增加等一系列因素，都对贵金 属价格起到助推作用。短时盘面波动加大，国内假期临近，提醒投资者注意风险，轻仓或空仓过节为宜。 全球最大白银ETF--iShares Silver Trust持仓较上日减少84.6吨，当前持仓量为16305.96吨。 12月29日，上期所库存白银期货下降至79.6万手，较上周下降约10万手，反映已有资金选择了结离场。 机构观点 12月30日，沪银期货盘中低位震荡运行，截至发稿主力合约报18133.00元/千克，大幅走低3.99%。 【消息面汇总】 根据基金文件，为满足今年以来激增的需求，截至上周五SLV已累计增持近6700万盎司白银。不过，有分析师指出，尽管这一数字看似庞大， 但在今年全球白银总需求中仅占一小部分。 天风期货：综合而言，在目前沪银高位水平下，市场博弈将加剧，波动或进一步放大，建议交易者谨慎追高注意风险管理，择机低吸为主。后 市需重点关注美联储货 ...

For more on what's next for the metals trade, let's bring in Jeff Kilberg. You know, is there gold in then our hills still. If you haven't already bought it, should you get in.>> Well, Contessa, you know, I'm a golden domer, so I always have an optic optimistic view on this special and precious metals, but I do see silver as an opportunity here, but let's look at the price action today. It's been sensational. I want to say historic, but this is not 1980.We're not seeing a 50% drop in the precious metal, but ...

划重点： 1）白银价格在 2025 年屡创新高，这是宏观流动性与工业需求双重驱动下的估值修复。美联储降息和金银比修复是白银上涨的宏观动力。实际利 率下降降低了白银的持有成本，而金银比向 60:1 的中枢回归，将为银价提供巨大的上涨弹性。 2）长期以来，白银的工业价值被低估，但全球能源转型和 AI 数据中心对高性能电子组件的需求激增，使其战略价值日益凸显。面对需求端如 此明显的变化，白银供应端的反应却极度迟缓。供需严重失衡，将使得白银价格迎来更大的波动。 3）新手投资者可通过三种策略参与白银行情：基础配置可选择现货 ETF 如 SLV 或 PSLV；进阶配置可关注白银矿企 ETF 如 SIL 或高弹性的 SILJ；寻求 Alpha 收益则可挑选 PAAS、AG 或 WPM 等优质白银个股。 白银价格在 2025 年不断刷新阶段性高点，这并非偶然，而是由宏观流动性补涨与工业刚性需求合力主导的估值修复盛宴。 白银是一种非常独特的"贵金属"：它既具备金融货币属性，又具备工业生产属性。因此影响白银价格的因素十分多样。其中有两个最为重要： 其一是降息周期与通胀预期。在美联储开启降息周期的背景下，白银作为无息资产的持有成本 ...

I do want to talk more broadly though, get some insight on news that's shaped the markets this year, take a look at perhaps what we can expect in 2026. For that, we'll welcome in Pete Narian, the co-owner of Market Rebellion. Pete, great to have you back with us on the show.You know, let's talk about this rally. You sent over a couple notes in advance of our chat, and you referred to it as one of the most hated rallies you've ever seen. Why do you feel that way.>> I've been doing this since 1992, 1993, I th ...

Aside from artificial intelligence, precious metals have been garnering a lot of investors' attention lately. While I'm not sure where Gold ( GLD ) and Silver ( SLV ) will end up, it looks like theFormerly known as "The Dividend Collectuh." Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for ...

Gold prices found a bottom in 1999 at around $252.50 per ounce when the Bank of England sold half of the U.K.’s reserves, establishing a significant price bottom. Gold’s bull market is now moving into its twenty-seventh year.While the silver market is in a structural deficit amid rising industrial demand, investment demand is booming in late 2025, with the price heading toward a challenge of the $65 per ounce level.Silver is a highly speculative metal that attracts herds of investors and speculators when si ...

Let's get to Kevin Green to sort of break down the action as far as the setup as we head into this FOMC decision. Uh good morning to you KG. Thanks so much for joining me.I'm just wondering, you know, what are your expectations. What are you seeing there as far as volatility heading into the Fed decision. >> Yeah, I would not be surprised if we actually do trade within, let's say, a 15 point range going into the statement uh at 2 p.m. Eastern time. And that's usually something that we do see on a day like t ...

Market Focus - Bitget Wallet 提供黄金和白银 ETF 的链上交易 [1] - 行业关注今年白银是否跑赢黄金 [1] Trading Information - SLV 为当日 ETF [1] - 提供链上白银交易链接 [1]