Ua hoʻohaʻahaʻa ka poʻe loiloi i kā lākou mau manaʻo o ka hapaha mua o ka loaʻa kālā e ka palena ʻoi aku ka nui ma mua o ka awelika ma muli o ka hoʻoulu ʻana o ka waihona kālā kālā i ka makaʻu o ka piʻi ʻana.
ʻO ka helu Q1 EPS piʻi - ka huina o ka wānana waena no kēlā me kēia hui i ka S&P 500 - hāʻule 6.3% i $ 50.75. Ua hoʻohaʻahaʻa ka poʻe loiloi i kā lākou mau manaʻo kālā i kēlā me kēia hapaha ma ka awelika o 2.8% i nā makahiki ʻelima i hala a ma ka awelika o 3.8% i nā makahiki he 20 i hala. Ma kahi kokoke i 75% o nā ʻoihana ʻo S&P 500 ʻoi aku ka maikaʻi ʻole.
ʻAʻole pili kēia hanana i nā hui S&P 500. Ua hoʻohaʻahaʻa nā mea loiloi i nā manaʻolana no ka MSCI US a me MSCI ACWI i ka manawa like. Pēlā nō, ʻokiʻoki nā mea loiloi i kā lākou wānana EPS no nā hui S&P 500 e 3.8% no nā makahiki āpau o 2023, ʻoi aku ma mua o nā makahiki 5, 10, 15 a me 20 mau makahiki.
ʻO ka pani koke ʻana o Signature Bank a me Silicon Valley Bank ua hoʻāla i ka hopohopo nui o ka wai, me ka piʻi ʻana a me nā pilikia e hiki mai ana. Hiki ke hoʻopili ʻia ka pessimism maʻamau e pili ana i ka manaʻo o ka loaʻa kālā me ka hana nāwaliwali i manaʻo ʻia i nā mea waiwai, mālama olakino, ʻenehana ʻike a me nā ʻāpana kamaʻilio.
Ua hoʻohaʻahaʻa ka poʻe loiloi i kā lākou wānana no 79% o nā waihona ʻāpana waiwai, me ka manaʻo i kahi hāʻule o 36% o ka loaʻa kālā no ka ʻoihana. Manaʻo ʻia ka emi ʻana o ka loaʻa kālā o ka ʻoihana semiconductor e 43% o ka makahiki. Eia nō naʻe, ʻoi aku ka kiʻekiʻe o nā kumukūʻai ma nā ʻāpana ʻelua no ka hapaha, me nā mea i piʻi i ka 2.1% a me ka PHLX semiconductor i 27%, i alakaʻi ʻia e ka hoihoi no ka hoʻolimalima AI.
ʻO kahi hopena o ka hoʻololi ʻana i ka wānana EPS he hoʻololi i ka S&P 500's 12-mahina i mua o ke kumu kūʻai-i-loaʻa ratio, i piʻi i 17.8 mai 16.7 i ka hapaha mua. ʻO ka piʻi ʻana o ka papa kuhikuhi i hui pū me ka hāʻule ʻana o nā manaʻo o ka loaʻa kālā. I nā makahiki he 10 ma mua o COVID-19, ʻo ka P/E ratio no ka index he 15.5.
Ka manawa kau: Apr-05-2023