Alithandabuzeki elokuba ukuwa okungathethekiyo okwenzekileyo kwiimarike ngenxa yesiphumo secoronavirus kwenziwe ukhuseleko oluninzi kwimeko eluncedo kakhulu ukwenza ukuthenga okukhethiweyo ukusukela ngoku ukuya phambili. Ngokubonisa ixabiso kwiimarike ze-equity ezixineneyo xa kuthelekiswa neenyanga zangaphambi kokwandiswa kwesifo. Ngaphandle kokuchacha okwenzekileyo ukusukela ukuphela kuka-Epreli kwaye oku kukhokelele ekuxabisweni kwii-indices eziphambili ze-20%. Kodwa ngumbuzo wokuthathelwa ingqalelo ukuba ingaba lixesha lokuvula izikhundla kwikota yesithathu yonyaka kwaye kuya kubaluleka kakhulu ukunika inzuzo kutyalo-mali lwethu.
Ukusuka kolu luvo, kubaluleke kakhulu ukwazi ukuba ungatyala phi kwikota yesithathu kuba iya kuba lithuba lonyaka apho iphothifoliyo yotyalo-mali ithatha isigqibo emva kwento eyenzekileyo nolwandiso lwe-coronavirus. Ukongeza, lixesha apho umthamo wentengiso kwiimarike zentengiso ithambekele ekuweni ngamandla amakhulu kwaye inokusenza sidlale inyathelo elibi kwezi ntsuku zeli hlobo likhethekileyo kubatyali mali abancinci nabaphakathi. Ke ngoko, unyango kwiimarike zezabelo maluhluke ngokwahlukeneyo neminye iminyaka kwaye le yenye yezinto ekufuneka ithathelwe ingqalelo xa kuphuhliswa nasiphi na isicwangciso sotyalo mali.
Kwelinye icala, akubalulekanga kangako ukuvavanya ukwazi ukuba ungatyala phi kwikota yesithathu angamacandelo ekunokwenzeka ukuba athathe izikhundla. Kuba enyanisweni, ayifani ukuba ibekwe kwicandelo lombane kunakwicandelo labakhenkethi, kuba ukuvela kwayo ukuza kuthi ga ngoku kwahluke ngokupheleleyo. Ke ngoko, kufuneka sicwangcise ukuba siyibhekise phi imali yethu ekhoyo kwimarike yemasheya kwaye ngale ndlela sinokukhuseleka ngakumbi esingayi kuba nemeko engafunekiyo ngeli xesha lonyaka. Apho kunokubakho ukungazinzi okukhulu kumaxabiso enza ii-indices zemarike eziphambili kwaye emva kwayo yonke into iya kuthi ichaphazele isigqibo esiza kusithatha ngalo mzuzu kanye.
Ikota yesithathu: ulondolozo ngakumbi
Isikhundla ngeli xesha lonyaka kufuneka sibonakale sizinzile kuba lo asingunyaka oqhelekileyo njengabanye. Ngenxa yokuba nakwisigaba sokugqibela sale kota yesithathu kungakho uqhambuko olutsha kwintsholongwane olunokukhokelela ekuweni okutsha kunye okunzima kwiimarike zamashishini ezentengiso zamanye amazwe. Ngale ndlela, kuyacetyiswa kakhulu ukuba kwezi nyanga abatyali mali abancinci nabaphakathi bayazikhusela ngakumbi kunakwamanye amaxesha. Kungenxa yokuba eyona nkqubo ikhuselekileyo yokukhusela umdla wabo kukukhetha ukhuseleko olunokuqinisekisa ukuqina kwengxelo yengeniso yepotfoliyo yotyalo-mali, ubuncinci kwikota yesithathu yalo nyaka inzima kakhulu ukuba inxulumene nelizwe lemali.
Kule meko ngokubanzi, olu didi lokuzikhusela okanye lokugcina olukhuselekileyo ngabo bafumene isahlulo esisigxina kunye nesiqinisekisiweyo. Ngenzuzo ephakathi kwe-5% kunye ne-7% malunga. Nokuba kwenzeka ntoni kwiimarike zezabelo okanye nokuba kukho ukuqhambuka kwale ntsholongwane ethi ekugqibeleni iphele ichaphazela uqoqosho lwamazwe ngamazwe ngogonyamelo olukhulu. Ukuza kuthi ga kwinqanaba lokuba kungakho utshintsho kwimigaqo-nkqubo eyiliweyo ngurhulumente ngamnye kwaye oko ngokungathandabuzekiyo ekugqibeleni kuya kuba nefuthe lokwenyani kwiimarike zabo zokulingana. Into eyoyikwa ngabatyali zimali abancinci nabaphakathi, ngakumbi kwilizwe lethu kwaye oku kwenza ukuba i-Ibex 35 ibe yenye yezona indices zibambekayo kwilizwe liphela. Ngokukodwa ukubuyela kwiimarike zesitokhwe ukusukela phakathi ku-Epreli ukusukela indlela abaziphethe ngayo ibisezantsi kakhulu kunabanye.
Buyela kwisitena?
Enye into ekuza kufuneka ithathelwe ingqalelo ukusukela ngoku yile inento yokwenza nenyaniso yokuba ubulungisa belizwe lethu bufikeleleke ngexabiso eliphantsi ngenxa yexabiso labo, nangona ngesiqhelo xa kukho ukuwa kolu xabiso kukuba la maxabiso Zifunyanwa zinengxaki yokuvezwa kwazo ziziphumo zecoronavirus. Ewe, le yenye yezinto ekufuneka ithathelwe ingqalelo ukwenza iphothifoliyo yotyalo-mali kule kota yonyaka.
Emva kokuwalungisa ngokuqinileyo amaxabiso abo, iinkampani zokwakha ezidweliswe kwizabelo, kulo nyaka ziqale ukunyuka okukhokelele ekubeni babuyise amaxabiso abo, nangona okwangoku okanye abarhwebi Balumkile malunga nokuthatha izikhundla ngengqondo kwaye, bakhetha ukuhlala ecaleni de kunikwe imiqondiso ecacileyo.
Zonke iinkampani zokwakha nezokuthengiswa kwezindlu ezidweliswe kwi-Ibex 35 ziye zafumana uhlaziyo olubalulekileyo kwezi veki zidlulileyo, kwiimeko ezininzi ngaphezulu kwe-20%, kwaye nakweyiphi na imeko yokusebenza okungcono kunesalathiso esikhethiweyo esinamanqaku ali-17% enzuzo.
Umyinge wenzuzo ebonelelwa zisahlulo zeenkampani ezenza isalathiso esikhethiweyo saseSpain esinxulumene necandelo lokwakha ngeenyanga ezilishumi elinambini ezi-5%, ngokuhambelana nalawo amanye amacandelo afana nasebhankini okanye umbane.
Uthethathethwano oluncinci ngo-Epreli
I-Spanish Stock Exchange ithengise ngayo Umvuzo oguqukayo I-29.312 yezigidi ze-euro ngoMeyi, i-4,3% ngaphantsi ko-Epreli kunye ne-27% ngaphantsi kwenyanga efanayo yonyaka ophelileyo. Imali eqokelelweyo kude kube ngoMeyi yayizi-189.590 yezigidi ze-euro, i-4,1% ingaphantsi kunonyaka ophelileyo.
Inani lothethathethwano kwinyanga leyo lifikelele kwizigidi ezi-4,24, i-39% ngaphezulu kunango-Meyi wama-2019 kunye nama-23% ngaphezulu kunamanani ka-Epreli. Inani lothethathethwano oluqokelelweyo kwiinyanga ezintlanu zokuqala zonyaka belimi kwizigidi ezingama-22,8, nto leyo ebonisa ukukhula ngama-47,5% xa kuthelekiswa nelo xesha linye lonyaka ongaphambili.
Ngomhla ka-Meyi, i-BME yafikelela kwisabelo sentengiso kurhwebo lokukhuseleka kweSpain kwama-73,9%. Uluhlu olumndilili ngoMeyi lwalungamanqaku ayi-8,46 kwinqanaba lokuqala lexabiso (i-12,1% ibhetele kunendawo yokurhweba elandelayo) kunye neendawo ezisisiseko ze-13,37 ngobunzulu be- € 25.000 kwincwadi yoku-odola (eyi-23,4% ngcono), ngokwengxelo ezimeleyo . La manani aquka urhwebo oluqhutywa kumaziko orhwebo, kokubini kwincwadi yoku-odola ebonakalayo (i-LIT), kubandakanya ifandesi, kunye norhwebo olungabonakali (mnyama) olwenziwe ngaphandle kwencwadi.
Ukuhla kwimisebenzi
Emva kokwehla komsebenzi obhalisiweyo kwimarike yokuqala ngenxa yokuqalisa kwengxaki ye-Covid-19 eYurophu, ukukhutshwa kweemarike Irente elungisiweyo Baye bachacha emva kwamanyathelo kunye nezicwangciso zokuthenga iiasethi ze-European Union, uRhulumente, i-ICO kunye ne-ECB. Umthamo opheleleyo otyikitywe ngoMeyi kwiRhafu yeNgeniso yayingama-20.882 ezigidi zeerandi, nto leyo ebonisa ukwehla kwe-29,5% xa kuthelekiswa kwinyanga ephelileyo. Ukwamkelwa kurhwebo, kubandakanya nemicimbi yeTyala loLuntu kunye neNgeniso eLungisiweyo yaBucala, yafikelela kwi-37.801 yezigidi zeerandi, inyuke nge-61,3% xa kuthelekiswa noMeyi 2019 kunye ne-22,3% kunyaka oqokelelweyo. Ibhalansi eseleyo ime kwi-1,62 yezigidi zeerandi, oko kuthetha ukuba inyuke nge-4,8% ukuza kuthi ga ngoku kulo nyaka.
Ukurhweba kwimarike ye Iziphumo zezemali kwinyanga kaCanzibe inyukile xa ithelekiswa nenyanga egqithileyo. Kwixesha elizayo kwi-IBEX 35 inyuke nge-15,8% nakukhetho kwi-IBEX 35, 56,4%. Kwicandelo labo, iStock Futures inyuse urhwebo lwabo nge-63,4% kunye neeNketho zeSitokhwe nge-31,6%. Ukusukela nge-18 ka-Meyi, akukho sithintelo sokumisela okanye sonyusa izithuba ezifutshane ze-sec kwi-securities ezamkelwe kwimakethi yaseSpain. Kwiiseshoni ezilishumi ngaphandle kwalo mlinganiso, urhwebo kwizivumelwano zexesha elizayo kwi-IBEX 35 lonyuke nge-19,5% xa kuthelekiswa neeseshoni ezifanayo zonyaka ophelileyo.
Utyalomali eMelika
Ukucuthwa kwerhafu kukaMongameli uDonald Trump kunokuba nesiphumo esikhuthazayo asithembisileyo, ngokweedatha zikarhulumente ezikhutshwe kwezi veki zidlulileyo. Ngale ndlela, kufanele kukhunjulwe ukuba utyalomali kushishino kwikota yesithathu lwehle nge-3%, emva kokuwa kwe-1% kwikota edlulileyo. Oku kuwa kuphawula ukungafani nokutsiba kwe-4,4% kwikota yokuqala kunye ne-4,8% xa kuthelekiswa nonyaka ophelileyo.
Ukwehla kuza phakathi kokungaqiniseki kwezoqoqosho, kukhuthazwe ngokuyinxalenye yimfazwe yorhwebo kaTrump neChina. Oku kubangela ukungaqiniseki kwimpikiswano yakhe yokuba i-1,5 yezigidi zeerandi ezityikitywe ngo-Disemba ka-2017 ziya kuba luncedo kutyalo-mali lweshishini, ukuqesha kunye nokukhula kwemivuzo. "Imibutho yamashishini iyaphazamiseka," utshilo ngelo xesha.
Ukwehla kutyalo-mali lweshishini kubandakanya ukwehla nge-15,3% kutyalo-mali kwizakhiwo - ezibandakanya ukwakhiwa kweepropathi ezintsha okanye imigodi yemigodi- kunye nokuhla kwe-3,8% kutyalo-mali kwizixhobo, ngokutsho kwabahlalutyi eMorgan. Inkcitho ye-capital capital "ibonakalisa imeko yokucotha kokukhula kwehlabathi kunye nokuqhubeka komgaqo-nkqubo wezorhwebo," abahlalutyi baseMorgan Stanley babhala. Ingxelo iqaphele ukuba ezinye izinto ezinegalelo ekwehleni zinokuhlala ixesha elifutshane. Utyalomali kwiinqwelomoya lwawa ngama-80%, kusenokwenzeka ngenxa yemiceli mngeni iBoeing ebenayo ngenqwelomoya yayo eyi-737 Max.
Uxinzelelo kutyalo mali
USihlalo we-Federal Reserve uJerome Powell utyhola "ukukhula kancinci kwilizwe langaphandle kunye nophuhliso lwezorhwebo" ngenxa yokwehla kotyalo mali. Uye waphawula ukuba i-US isebenza kwisigaba sokuqala sesivumelwano sokurhweba ne China, esithi "ukuba siyatyikitywa saze sasebenza, sinokuba nefuthe lokunciphisa ukungavisisani kwezorhwebo kunye nokunciphisa ukungaqiniseki, kwaye iyakuba yinto entle leyo. kholelwa, ukuzithemba kweshishini kwaye mhlawumbi nomsebenzi ngokuhamba kwexesha. '
UPowell wenze amagqabantshintshi ngokubhengeza ukunciphisa amanqanaba ekota yenqanaba lekota, kodwa waqaphela ukuba inokuphakamisa umda wolu nciphiso kwixesha elizayo. Kukho eminye imiqondiso yokungaqiniseki kunokungena kwigumbi lokubhoda. Ukugqitywa kwezivumelwano zehlabathi, kuhlala kungumqondiso wokuzithemba kwe-CEO, kwehle kwikota yesithathu, ixabiso elipheleleyo le-21,2% ukuya kwi-622.000 yezigidi zeedola ukusuka kwi-790.000 yezigidigidi zeedola, ngokweMergermarket. E-United States, ixabiso leentengiselwano lehle ngama-32% ukuya kwi-263.000 yezigidigidi zeedola ukusuka kwi-387.000 yezigidigidi zeedola.
Ukuqiniseka, zombini ezi meko zinokubuyiselwa umva. Ukungaqiniseki ngokubhekisele kurhwebo kungancipha, iOfisi yoMmeli wezoRhwebo wase-US isitsho kwiveki ephelileyo ukuba i-China kunye ne-US basondele ekugqibeni isivumelwano sokuqala. Kwelinye icala, enye idatha epapashiweyo yayinethemba ngakumbi. Uphando lwarhoqo ngenyanga lwe-ADP kunye ne-Moody's Analytics lufumanise ukuba iinkampani ziqeshe abasebenzi abangama-25.000 ngaphezulu ngo-Okthobha kunabo bezoqoqosho ekuhlolwe kubo ngu-Dow Jones. Ukukhula kwemveliso yasekhaya e-US kukwabetha ulindelo, ngaphandle kokuwa kotyalo mali. ISebe lezoRhwebo lithe ngolwe-Lwesithathu ukuba imisebenzi yezoqoqosho ikhule ngezinga lonyaka eli-1,9% kwikota yokuqala, ngaphezulu kokulindelweyo kwasekuqaleni kwe-1,6%, eqhutywa yinkcitho eyomeleleyo yomthengi.
Unyulo eMelika
Okwangoku, njengoko unyulo luka-2020 lushushu, amanani anika abachasi bakaTrump izinto zokuba bayikhuphe imigaqo-nkqubo yakhe. Umcebisi womgaqo-nkqubo wezoqoqosho ku-Sen. U-Elizabeth Warren ubhalele u-Lwesithathu ukuba, "Ukonyusa utyalo mali kushishino kunye noqoqosho, faka imali ezipokothweni zabantu."
I-ajenda yezoqoqosho ebanzi kaWarren isekwe kwinxalenye yengqikelelo yokuba ubutyebi obuninzi base-US babekelwe bucala phakathi kweenkampani ezikhethiweyo kunye nabantu abazizityebi. Izicwangciso zakhe zibandakanya irhafu "yezigidi zeedola", efuna irhafu ye-2% kwidola nganye umzi ungaphezulu kwe- $ 50 yezigidi kunye ne-3% yerhafu kumakhaya angaphezulu kwe- $ 1.000 yezigidigidi. Ufuna ukurhafisa iinkampani ezisi-7% kwidola nganye abayifumana ngaphezulu kwe-100 yezigidi.
Inkqubo yakhe, nangona kunjalo, ibonakala ishukumisa ii-CEO ngendlela eyahlukileyo. Abahlalutyi bezobulungisa baseWall Street bachonge isitokhwe sempilo, semali kunye neenkampani zamandla njengabasesichengeni kwimeko yokhetho lwabo. Amaxabiso esitokhwe uninzi lwawo, kubandakanya iManyano yezeMpilo kunye neApollo Global, sele iwile kwinkxalabo ebonakalayo kwimigaqo-nkqubo ayicebisayo.
Iimarike zeBond zihlanganisiwe
Izitokhwe zehlabathi zahamba ecaleni, zixinzelelwe yimfazwe yorhwebo eqhubeka phakathi kwe-US-China kunye neempawu zokucothisa ukukhula koqoqosho lwehlabathi. Iibhanki ezininzi ezisembindini zinciphise inzala kwiinzame zokulwa nemiphumela emibi yeerhafu eziphezulu kunye nomsebenzi ophantsi wokuvelisa. Amashishini athengisayo ahlangabezana nelahleko enkulu, ngelixa iimarike zaseMelika naseJapan ziqhuba ngcono kakhulu. Ngelixa kwelinye icala, kufanele ukuba kuqatshelwe ukuba ekugqibeleni iimarike zebond ziye zabuyiselwa.
Izitokhwe ezikhuselayo zigqithile kumacandelo abuthathaka kuqoqosho ngokubanzi, ekhokelwa yirali eyomeleleyo phakathi kwezinto eziluncedo kunye neenkampani ezithengisa izindlu. Izitokhwe zempahla yabathengi zikwabhalele inzuzo ebalulekileyo. Amandla kunye nezixhobo ezisisiseko zesitokhwe sehlile njengoko abatyali zimali bexhalabile ngempilo yoqoqosho lwehlabathi. Izemali kunye nabathengi isitokhwe sokuqonda sasicaba.
Izitokhwe ziphakame phakathi kwembono eqaqambileyo kuqoqosho lwehlabathi kunye nokufumana okungcono kunokuba bekulindelwe. Iindidi eziphambili zeemarike zibambe irekhodi eliphakamileyo kwikota, ngaphandle kokuphakama kwempixano neNyakatho Korea kunye nokuqala kwexesha elinenkathazo. Izitokhwe zaseYurophu kunye neemarike ezisakhulayo zigqithe isitokhwe saseMelika.
Izitokhwe ezinobuthathaka kwezoqoqosho ngokubanzi zibonelela ngembuyekezo ephezulu kunamacandelo okuzikhusela. Itekhnoloji yoLwazi, amandla kunye nezixhobo ezisitokhwe zithumele iimarike phezulu. Izitokhwe zezezimali ziye zaqhubela phambili kulindelo lokunyuka kwenzala. Icandelo labathengi eliphambili lawa, lisindwa kukuhla okubukhali kwistokhwe senkampani yecuba.
USihlalo we-Federal Reserve uJerome Powell utyhola "ukukhula kancinci kwilizwe langaphandle kunye nophuhliso lwezorhwebo" ngenxa yokwehla kotyalo mali. Uye waphawula ukuba i-US isebenza kwisigaba sokuqala sesivumelwano sokurhweba ne China, esithi "ukuba siyatyikitywa saze sasebenza, sinokuba nefuthe lokunciphisa ukungavisisani kwezorhwebo kunye nokunciphisa ukungaqiniseki, kwaye iyakuba yinto entle leyo. kholelwa, ukuzithemba kweshishini kwaye mhlawumbi nomsebenzi ngokuhamba kwexesha. '