美国政府开始存钱,可能是引爆美股的雷

英为财情Invest...
10 Dec 2024

美国政府增加储蓄即削减开支的措施,将导致企业利润减少,进而可能成为引发美股回调的催化剂。当前,企业利润在GDP中的占比达到了历史峰值。然而,要深入理解企业的盈利能力,我们不能仅仅局限于审视财报。卡莱茨基利润方程(Kalecki Profit Equation)为我们提供了一个极为有用的分析框架,尤其在剖析当前高企的利润率背后的成因,以及那些可能颠覆这些利润率的潜在因素时,显得尤为重要。James ...

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