Mari yeFed yakatemwa kubva 50 hwaro mapoinzi Kwave kuri kufamba kutsva mumisika yequity kutenderera pasirese. Iko kune vanobatsirikana zvikuru makambani eUnited States ari kuzowedzerwa nekucheka kwakakosha mumari yemari, uye kunyanya iwo akatsaurirwa kune kunze kwenyika. Asi shanduko yemari inochinja sei makambani akanyorwa pamusika wemasheya munyika medu? Zvakanaka, neimwe nzira, sezvo zvichizokwanisika kuongorora mune ino chinyorwa uye kuti inogona kushandiswa kune vashoma nepakati varimi kuti vagadzire yavo inotevera yekudyara portfolio.
Iyi sarudzo neFederal Reserve yeUnited States ine mukana wakakura wekuchengetedzeka kunoumba musika wepasirose unoenderera, mune imwe pfungwa kana imwe. Parizvino, vakanyanya kubatwa nemapoka emari asingamire kudonha. Iine nyowani nyowani mumutengo wayo uye izvo zvasvika pakudzikira neinopfuura 4% mumazuva mushure meichi chisarudzo. Kunyanya, Santander kana BBVA nekuda kwekuratidzwa kwavo kwakanyanya muLatin America uye kuti vanozokanganiswa neiyi nhanho. Asi pamusoro pezvose, nekuti iyo European Central Bank (ECB) inogona kuita zvakafanana mumazuva anouya uye mune iyo kesi ichawedzera kurasikirwa.
Nekuti zvirizvo, imwe yemhedzisiro yeFed rate yakatemwa ye50 hwaro poindi ndeyekuti muEuropean inogona kufamba kumwechete mumusika wemari. Uye ichi ndicho chinhu icho chokwadi mabhanga emunyika asingade zvachose. Izvo hazvingashamise, nekudaro, kuti iro remari chikamu chakatungamira kune Ibex 35 kuzvimisa pachezvayo padyo nemapoinzi zviuru zvisere kana kunyangwe pamatanho epasi nekuda kwehuremu hwakakura hunowanikwa nechikamu chebhizinesi iri mukati merondedzero yemari munyika medu. Kusvika padanho rekuti inogona kuve indekisi isina kusimba mukondinendi yese yekondinendi yakare, sekusimbiswa mumavhiki apfuura. Nekushomeka kwakanyanya uko kunogona kukusundira kuti uende wakaderera kupfuura iwo azvino mazinga.
Mitengo yakaderera: vanobatwa
Chero zvazvingaitika, kana mari yesimba rinotungamira pasirese ikadzikira, hapana mubvunzo kuti vakanyanya kurasikirwa ndivo avo vakanyorwa kuvepo muUS uye saka invoice mumadhora. Iri boka rinosanganisira makambani akakosha kwazvo muIbex 35, senge Acerinox, ACS, Ferrovial, Gamesa, Grifols uye Iberdrola. Vamwe vavo vanga vasina kunge vachizviita zvakanyanya mushure mezviitiko zvakagadziriswa nechitarisiko che coronavirus. Uye kuti inogona kukanganisa kupora kwayo sezvo iri imwe yekuchengetedzeka yakanyatsomira kudzikisira kwakagadzirwa mumisika yemari.
Nepo kune rimwe divi, isu hatigone kukanganwa kuti kune akawanda machengetedzo akanyorwa kunze kweIbex 35 ayo ari kuzotapurwa neichi chiyero chemari. Kunyanya iwo anotova nemafekitori muUS uye kunyanya ayo akatsaurirwa kutumira kunze. Ivo vari kuzotapurwa zvakakomba nenyaya yekuti kubva zvino zvigadzirwa zvavo zvinodhura nekuda kwekukoshesa euro. Uye saka chakanyanya kunzwisisika ndechekuti kukosha kwayo mumisika yemari inotambura. Nemadonhwe akakosha mumitengo yavo inogona kuvatora kuenda kumatanho asingafungidzike mwedzi mishoma yapfuura. Nekutya pakati pevatengesi.
Makambani anobuda anokunda
Pane kudaro, kufamba kwechangobva kuitika kwemasimba emari kuchabatsira zvikamu zvine misika yemari yemari yemari. Semuenzaniso, zvishandiso uye, kune imwe nhanho, kutaurirana kwekufona kunogona kuita senzvimbo dzakachengeteka mukutarisana nemamiriro ezvinhu asingadiwe nevashambadzi vadiki nepakati. Kunyangwe nekwaniso yekuti vanogona kukoshesesa mumwedzi iri kuuya uye mune chero mamiriro ezvinhu kuti uve newe muhomwe portfolio yekudyara yatichafanira kumutsidzira mumwedzi iyi. Endesa iri imwe yeakajeka zviitiko kuti unzwisise iyi sarudzo nyowani pamasheya ekutsinhana kutenderera pasirese uye kuti inogona kuitungamira kuti itorezve zvakare kutenderera makumi maviri nemaviri euros pane yega yega mugove
Asi pane zvimwe zvikamu zvebhizimusi zvinogona kubuda zvakanaka kwazvo kubva mune ino nyowani yemari mamiriro. Ndezve iyo Socimis nekuti ivo vanopa yakakwira mibairo goho uye nekudaro vanowedzera kukwezva kwavo zvichienzaniswa neyakagadziriswa mari yemari. Hazvishamise kuti vekupedzisira vanogadzira chimbadzo chiri pazasi pemazana maviri%, zviri pachena kusagutsa kune zvido zvevashambadzi vadiki nepakati. Ipo coupon yezvikamu izvi ichifamba munzvimbo iri pakati pe2% ne3% inenge. Chiitiko chinogona kushandiswa kugadzira bhegi rekuchengetedza rakatsiga repakati nepakati.
Makambani ekuvaka akamirira
Ichi chikamu chakakosha chemari inoshanduka yenyika yedu yechikamu chayo inoramba iri mune yakasarudzika toni kupfuura iyo yese. Chii chinoita kuti mashandiro anetse kune vashoma nevepakati varimari kana vachiita yavo sarudzo yekutenga masheya kubva zvino zvichienda mberi. Nekuti pachokwadi, inogona kunge isiri iyo nguva yekutenga muchikamu chekuvaka futi. Iyi ndiyo imwe yenzvimbo dzechinyakare uko guta guru revashambadziri vadiki rave rakaunganidzwa kwemakore nemakore, asi rakarasikirwa nesimba mumakore maviri apfuura. Kupi ACS uye kunyanya Ferrovial Akave ari akanyorwa makambani ayo akaita zvakanakisa munguva ino.
Nepo kune rimwe divi, zvinofanirwawo kusimbiswa kuti vamwe vanobatsirwa nemamiriro ezvinhu matsva aya ndiwo makambani akabatana zvakanyanya nechikafu. Asi pasina kuvapo muUnited States uye izvo zvinogona kukosheswa kubva zvino zvichienda mberi, kunyangwe zvisingaitwe nesimba rakakura nekuda kwenzvimbo yakaipa makambani aya akanyorwa uye ayo anogona kuvaremera pane imwe nguva mugore. Asi zvirinani ivo vanofanirwa kufunga kana vachimisikidza iyo inotevera yekudyara portfolio. Kune rimwe divi, mune zvese zviitiko chokwadi icho
Kubatsirwa kubva mukumuka
Nepo kune rimwe divi, mumwe wevakakunda muhombe wezano remari aya makambani ari muchikamu chemagetsi nemakambani ane huwandu hwakakwira hwechikwereti. Kusvika padanho rekugona kuita zvirinani mumisika yemari. Nekudzikisira kwavari izvozvi kunyudzwawo mutsaona iyo yakonzerwa nekupararira kwecoronavirus. Asi kudonha kwemitero yezvibereko kunogamuchirwa nekirasi ino yemakambani akanyorwa. Maitiro ekutora chinzvimbo mumatanda, senge Iberdrola, Endesa kana Naturgy.
Pasi peiyi zano rekudyara, dzimwe tsika dzekushandisa dzinoongororwawo. Kwete pasina, mwero unokwira inozorodzawo magegemendi pakupedzisira uye zvikwereti, izvo zvinoratidzwa mune zvivakwa uye misika yemotokari. Kubva pane ino maonero, vatengi zvimwe zvikamu zvinobatsirwa nesarudzo iyi nemabhangi epakati. Mupfungwa yekuti mwero wemubhadharo wakaderera unobatsira vane chikwereti, sezvo uchivatendera kubhadhara zvishoma zvikwereti zvavo mukuwedzera pakuita zvikwereti zvitsva zvakachipa. Nekuda kwemutengo wakaderera mumutengo wemari uye nekudaro unogona kumutsa kushandiswa mumwedzi iri kuuya.
Nei yakaderera mitengo?
Chekupedzisira, simbisa chokwadi chekuti chimwe chezvinangwa zvemitengo yakaderera kuyedza kukwidza inflation, uye kuti chero zvakadaro zvinokwira kana kushandiswa kuchidaro. Zvinoitika ndezvekuti panguva ino margins ayo European Central Bank (ECB) kuita izvi zviyero zvidiki zvakanyanya pane kune rimwe divi reAtlantic. Nekuti mutengo wemari watove mundima isina kunaka, pa0%. Uye nekudaro, simba ravo rekufambisa ishoma kwazvo uye pachave nemamwe matambudziko ekushandisa zano iri muhurongwa hwekuvhima hwenzvimbo ino yehupfumi. Pane kudaro, chikamu chemari ndechimwe chevakabatwa nemutemo weECB, nekuti yekupedzisira inobhadharisa mwero -0,2% yemari inoiswa uye iyo ine kufarira kwakaipa mashandiro emakambani madiki nepakati nepakati.
Mupfungwa iyi, zvinofanirwa kucherechedzwa kuti mutungamiri wepamusoro weECB. Cristina Lagarde, anofunga kuenderera mberi nemutemo weakamutangira Mario Draghi nemitemo isiriyo. Asi nematambudziko makukutu ekuramba uchideredza chimbadzo nekuti haisisina manejimendi anogona kushanda kurwisa hupfumi hwenyika huri kuuya mushure mekumuka kwecoronavirus kubva munaKukadzi. Uye iyo iyo misika yemari ichave yakamirira, kunyanya misika yemasheya ekondinendi yekare.