|
|
发表于 2013-4-15 01:57 PM
|
显示全部楼层
本帖最后由 ctcld 于 2013-4-15 12:59 PM 编辑
google 发表于 2013-4-15 12:49 PM 
我看的不是绝对的量，我看的是相对的量
如果有新资金进入的话，至少下个月比上个月量应该逐渐增加吧，也 ...
FUND 的 Portfolios 不能直接反映在 Spx的量上
这里有一篇上个月的ML的动态
Where to invest as money flows back to stocks: B. of. A.
March 13, 2013, 5:30 PM
Four years after stocks hit bottom to rally back to pre-crash levels, Bank of America Merrill Lynch is advising investors to be a little more picky about what to have in their portfolios in the spring as money begins to flow back into equities.
The firm is still bullish on stocks even while it acknowledges they’re vulnerable to a pullback in the first half of the year. After all, the Dow Jones Industrial Average DJIA -1.12% ended Wednesday with its longest winning streak since 1996 with 9 gaining sessions in a row.
About $30 billion has flowed into long-position stock funds since Thanksgiving, following a $550 billion exodus since 2006, and Merrill’s sell-side indicator has fallen below 50 for the first time in seven months, suggesting positive returns in equities over the next 12 months, said Kate Moore, global equity strategist at B. of A. Merrill Lynch, in a note.
Global central bank liquidity has also jumped to $21 trillion from $8 trillion over the past six years with no signs of slowing, further propping up stocks, while corporate profits are expected to grow by 10% this year, she said.
So what is B. of A. Merrill Lynch suggesting for pickier investors? Japanese equities, housing stocks, tech, and exposure to copper.
The firm expects Japanese equities to rise more, getting a turbocharge from cheap money as the Bank of Japan takes more aggressive easing measures along the lines of those pursued by the Federal Reserve and European Central Bank. The Nikkei 225 JP:100000018 -1.37% is already up 18% this year. As for the U.S. housing market, the firm expects housing prices nationally to rise 8% this year as inventory declines.
B. of A. Merrill Lynch also likes tech because of “attractive valuations, clean balance sheets, cash deployment opportunities and foreign exposure” and the fact the sector’s bringing up the rear on the S&P 500 SPX -1.45% this year with only a 3.7% gain. As for copper, the firm expects a small deficit in the industrial metal this year so copper mining stocks could benefit. Miners with copper exposure include Freeport McMoRan Copper & Gold Inc. FCX -7.71% , Southern Copper Corp. SCCO -7.27% , and Teck Resources Ltd. TCK -9.19%
Below is a table from B. of A. Merrill Lynch on year-to-date returns across asset classes:
Global Equities 6.4%
US 9.3%
Europe 4.4%
UK 1.6%
Japan 6.9%
Pacific Rim ex-Japan 8.1%
Emerging Markets 1.3%
Global Fixed Income -2.7%
Government -4.1%
US Treasuries -1.1%
Quasi-government -2.3%
Investment Grade Corporate -1.8%
High Yield Corporate 1.7%
EM Corporate Debt 0.3%
Collateralized Debt -0.6%
US Mortgage Backed Securities -0.5%
Commodities 1.4%
Energy 4.4%
Industrial Metals -4.1%
Precious Metals -5.7%
Agriculture -2.2%
Cash 0.0%
US Dollar 5.5%
–Wallace Witkowski |
|
狗仔卡
发表于 2013-4-15 02:05 PM
