中美贸易战

Lex_China/US trade war: floreat lux
Lex专栏:贸易战阴云并未消散


美中贸易战停火推高汽车和奢侈品行业股票。但如果双方谈不成协议,汽车类股票还会遭受重创,而奢侈品股票风险敞口较小。

The fog of war usually rolls away during a ceasefire. But the murk surrounding trade is too thick to be dispelled by a temporary truce between the US and China. Shares in sectors such as autos and luxury goods jumped together in relief that tariffs will not rise on January 1. Just as indiscriminate sell-offs provide alluring buying opportunities, some of Monday’s advances may be shortlived.

战争的迷雾通常在停火期间慢慢散去。但笼罩在贸易战上空的阴霾过于浓厚,美中之间暂时休战还无法将其驱散。关税不会在1月1日上调让各方松口气,使汽车和奢侈品等行业的股价全线上涨。就像不加取舍的抛售带来诱人买入机会一样,部分股票周一的上涨可能是短暂的。

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