{"id":30295,"date":"2026-03-13T17:03:36","date_gmt":"2026-03-13T17:03:36","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abdnin-yilliklandirilmis-gsyh-buyumesi-dorduncu-ceyrekte-07-ile-14luk-beklentinin-altinda-kaldi\/"},"modified":"2026-03-13T17:03:36","modified_gmt":"2026-03-13T17:03:36","slug":"abdnin-yilliklandirilmis-gsyh-buyumesi-dorduncu-ceyrekte-07-ile-14luk-beklentinin-altinda-kaldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abdnin-yilliklandirilmis-gsyh-buyumesi-dorduncu-ceyrekte-07-ile-14luk-beklentinin-altinda-kaldi\/","title":{"rendered":"ABD\u2019nin y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f GSYH b\u00fcy\u00fcmesi d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte %0,7 ile %1,4\u2019l\u00fck beklentinin alt\u0131nda kald\u0131"},"content":{"rendered":"ABD GSYH (gayrisafi yurt i\u00e7i has\u0131la), d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f (\u00e7eyreklik verinin y\u0131l geneline \u00e7evrilmi\u015f) bazda %0,7 artt\u0131. Bu oran, beklenen %1,4\u2019\u00fcn alt\u0131nda kald\u0131.\n\nA\u00e7\u0131klama, s\u00f6z konusu d\u00f6nemde b\u00fcy\u00fcmenin tahmin edilenden daha yava\u015f oldu\u011funa i\u015faret ediyor. G\u00fcncellemede ek bir detay payla\u015f\u0131lmad\u0131.\n\n<h3>Piyasa Tepkisi ve Fed\u2019e Etkileri<\/h3>\nGe\u00e7en y\u0131l\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyrek GSYH verisinin %1,4 yerine %0,7 gelmesi, piyasa alg\u0131s\u0131n\u0131 belirgin bi\u00e7imde de\u011fi\u015ftirdi. Bu veri, 2025\u2019in sonlar\u0131ndan beri izlenen b\u00fcy\u00fcme ivmesindeki yava\u015flamay\u0131 do\u011fruluyor. Bu tablo, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz politikas\u0131n\u0131 beklenenden daha erken g\u00f6zden ge\u00e7irmek zorunda kalabilece\u011fine i\u015faret ediyor.\n\nZay\u0131f GSYH verisine, \u015eubat 2026 istihdam raporu da eklendi: Tar\u0131m d\u0131\u015f\u0131 istihdam (tar\u0131m sekt\u00f6r\u00fc hari\u00e7 toplam istihdam art\u0131\u015f\u0131) 180 bin beklentiye kar\u015f\u0131l\u0131k yaln\u0131zca 95 bin artt\u0131. Ayr\u0131ca \u015eubat T\u00dcFE (t\u00fcketici fiyat endeksi) verisinde \u00e7ekirdek enflasyon (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) y\u0131ll\u0131k bazda %2,1\u2019e geriledi. Bu, Fed\u2019e ekonomiyi desteklemek i\u00e7in alan sa\u011fl\u0131yor. Vadeli i\u015flemler piyasas\u0131nda May\u0131s 2026 FOMC (Fed\u2019in faiz karar\u0131n\u0131 ald\u0131\u011f\u0131 kurul) toplant\u0131s\u0131nda faiz indirimi olas\u0131l\u0131\u011f\u0131 %30\u2019dan %75\u2019in \u00fczerine \u00e7\u0131kt\u0131.\n\nBu g\u00f6r\u00fcn\u00fcmle birlikte piyasa oynakl\u0131\u011f\u0131n\u0131n (fiyat dalgalanmas\u0131) artmas\u0131 bekleniyor. VIX (S&#038;P 500 i\u00e7in beklenen oynakl\u0131k g\u00f6stergesi), bu hafta 14\u2019ten 18\u2019in \u00fczerine y\u00fckseldi. Yat\u0131r\u0131mc\u0131lar, \u00f6n\u00fcm\u00fczdeki haftalarda dalgalanmalara kar\u015f\u0131 korunmak veya bu hareketlerden faydalanmak i\u00e7in VIX \u00fczerinde al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) ya da VIX vadeli i\u015flem s\u00f6zle\u015fmeleri de\u011ferlendirebilir.\n\nHisselerde daha temkinli duru\u015f \u00f6ne \u00e7\u0131k\u0131yor. S&#038;P 500 ve Nasdaq 100 endekslerinde sat\u0131m opsiyonlar\u0131na (put: belirli fiyattan satma hakk\u0131) ilgi art\u0131yor; \u00f6zellikle May\u0131s ve Haziran 2026 vadelerinde. Bu yakla\u015f\u0131m, ekonomideki yava\u015flaman\u0131n fiyatlanmas\u0131yla olas\u0131 bir d\u00fc\u015f\u00fc\u015ften kazan\u00e7 hedefler.\n\nFaiz taraf\u0131 en do\u011frudan alan olarak \u00f6ne \u00e7\u0131k\u0131yor. Fed\u2019in gev\u015femesi (faiz indirimine y\u00f6nelmesi) beklentisiyle tahvil fiyatlar\u0131n\u0131n y\u00fckselmesi, faizlerin (tahvil getirilerinin) d\u00fc\u015fmesi beklenir. Hazine tahvili vadeli s\u00f6zle\u015fmelerinde uzun pozisyon almak (fiyat y\u00fckseli\u015fi beklentisiyle), ya da TLT gibi tahvil ETF\u2019lerinde (borsada i\u015flem g\u00f6ren fon) al\u0131m opsiyonu kullanmak, beklenen faiz indirimlerine pozisyon almak i\u00e7in kullan\u0131lan y\u00f6ntemler aras\u0131nda \u00f6ne \u00e7\u0131k\u0131yor.\n\n<h3>Tarihsel Benzerlik ve Strateji Ba\u011flam\u0131<\/h3>\nGe\u00e7mi\u015fe bak\u0131ld\u0131\u011f\u0131nda, 2007\u2019nin sonlar\u0131nda da benzer bir s\u00fcre\u00e7 ya\u015fanm\u0131\u015f; zay\u0131flayan verileri Fed\u2019in h\u0131zl\u0131 faiz indirimleri izlemi\u015fti. O d\u00f6nemde hisselerde d\u00fc\u015f\u00fc\u015fe ve faizlerde gerilemeye oynayan stratejiler y\u00fcksek getiri sa\u011flam\u0131\u015ft\u0131. Bu \u00f6rnek, yeni bir politika d\u00f6nemine girildi\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc destekliyor.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>S\u00fcrpriz! ABD 4\u00c7 GSYH %0,7\u2019de kalarak beklentiyi yar\u0131lad\u0131; zay\u0131f istihdam ve \u00e7ekirdek T\u00dcFE d\u00fc\u015f\u00fc\u015f\u00fc Fed\u2019i erken indirime itiyor. May\u0131s 2026 olas\u0131l\u0131\u011f\u0131 %75; VIX y\u00fckseliyor, hedge \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-30295","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30295"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30295\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}