<\/p>\n
Ya\u015fanan k\u00fcresel enflasyon krizini merkez bankalar\u0131 agresif faiz art\u0131\u015flar\u0131 ile \u00e7\u00f6zmeye \u00e7al\u0131\u015f\u0131rken, Fed\u2018in hem parasal s\u0131k\u0131la\u015fma uygulad\u0131\u011f\u0131 hem de faizleri art\u0131rd\u0131\u011f\u0131 g\u00f6zlendi. Fed’in \u015fu an durmas\u0131n\u0131n beklenmedik olaca\u011f\u0131n\u0131 belirten Societe Generale stratejisti Manish Kabra, enflasyon krizi ve resesyon senaryolar\u0131n\u0131 Bloomberg HT’ye de\u011ferlendirdi.<\/p>\n
Societe Generale stratejisti Manish Kabra, \u201cGenel resme bakt\u0131\u011f\u0131m\u0131zda ABD\u2019de ekonomi politikalar\u0131n\u0131n temkinli oldu\u011funu ve hisse piyasas\u0131nda a\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketin hakim oldu\u011funu g\u00f6r\u00fcyoruz, \u00e7ok fazla endi\u015fe var. ABD\u2019de ayn\u0131 anda iki farkl\u0131 \u015fey oluyor. ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) k\u00fcresel d\u00f6ng\u00fc yava\u015flad\u0131k\u00e7a zay\u0131f gelen verilere ra\u011fmen faiz art\u0131r\u0131mlar\u0131na devam ediyor\u201d dedi.<\/p>\n
Fed\u2018in hem parasal s\u0131k\u0131la\u015fma uygulad\u0131\u011f\u0131na hem de faizleri art\u0131rd\u0131\u011f\u0131na dikkat \u00e7eken Kabra, \u201cGe\u00e7mi\u015fte b\u00f6yle bir g\u00f6r\u00fcn\u00fcme \u00e7ok s\u0131k rastlanmad\u0131. Ancak bu tarz uygulamalar\u0131n ard\u0131ndan hisselerde ani d\u00fc\u015f\u00fc\u015fler ya\u015fan\u0131r\u201d diye konu\u015ftu.<\/p>\n
Kabra, Fed\u2019in \u00e7ok daha agresif olmas\u0131 gerekti\u011fini belirtirken, \u201cEnflasyon kontrolden \u00e7\u0131k\u0131yor, d\u00f6ng\u00fcn\u00fcn sonlar\u0131na yakla\u015ft\u0131k, ABD tahvil getirilerinde tarihin en h\u0131zl\u0131 art\u0131\u015f\u0131 ger\u00e7ekle\u015fti\u201d dedi. Fed\u2019in 28 y\u0131l sonra yapt\u0131\u011f\u0131 ilk faiz art\u0131r\u0131m\u0131n\u0131n ard\u0131ndan getiri e\u011frisinin terse d\u00f6n\u00fc\u015f\u00fcn\u00fc \u2018olduk\u00e7a s\u0131rad\u0131\u015f\u0131\u2019 olarak tan\u0131mlayan Kabra, \u201cHisse senetlerinde bu seviyeler hi\u00e7 g\u00f6r\u00fclmemi\u015fti\u201d ifadelerini kulland\u0131.<\/p>\n
\u201cFed resesyon g\u00f6rmedik\u00e7e faiz art\u0131r\u0131mlar\u0131n\u0131 sonland\u0131rmayacak\u201d<\/b><\/p>\n
Fed\u2019in faiz art\u0131r\u0131m s\u00fcrecini ancak bir resesyonun durduraca\u011f\u0131n\u0131 belirten Kabra, Fed\u2019in \u015fu an durmas\u0131n\u0131n beklenmedik olaca\u011f\u0131n\u0131 belirtti.<\/p>\n
Kabra, \u201cK\u00fcresel d\u00f6ng\u00fcdeki i\u015faretlere bak\u0131ld\u0131\u011f\u0131nda ABD\u2019de t\u00fcketiciler enflasyonla m\u00fccadele ediyor. M\u00fc\u015fteri hassasiyeti 2008\u2019deki seviyelerinden bile d\u00fc\u015f\u00fck. T\u00fcm bunlar bizi piyasan\u0131n tipik bir resesyonu fiyatlayaca\u011f\u0131 d\u00fc\u015f\u00fcncesine itiyor. Ekonomik d\u00f6ng\u00fcn\u00fcn bir par\u00e7as\u0131 olan resesyon ihtiyac\u0131m\u0131z olan \u015fey ve enflasyonun sonlanaca\u011f\u0131na dair sa\u011fl\u0131kl\u0131 bir i\u015faret. Ancak resesyondan \u00e7\u0131kaca\u011f\u0131z\u201d dedi.<\/p>\n
\u201cS&P\u2019de yeni zirveler 2024\u2019te g\u00f6r\u00fclecek\u201d<\/b><\/p>\n
Gelecek 12 ay i\u00e7erisinde resesyon g\u00f6r\u00fclmeyece\u011fini belirten Kabra, uzun d\u00f6nemde S&P\u2019de 5 bin seviyesine ya da t\u00fcm zamanlar\u0131n en y\u00fcksek seviyesine ula\u015faca\u011f\u0131n\u0131 ancak t\u00fcm bunlar\u0131n 2024\u2019te ger\u00e7ekle\u015fece\u011fine vurgu yapt\u0131.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u0130LAYDA KILI\u00c7AY Ya\u015fanan k\u00fcresel enflasyon krizini merkez bankalar\u0131 agresif faiz art\u0131\u015flar\u0131 ile \u00e7\u00f6zmeye \u00e7al\u0131\u015f\u0131rken, Fed\u2018in hem parasal s\u0131k\u0131la\u015fma …<\/p>\n","protected":false},"author":6,"featured_media":36565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[545,2451],"class_list":["post-36564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-abd","tag-resesyon"],"yoast_head":"\n