{"id":30533,"date":"2026-03-17T20:02:15","date_gmt":"2026-03-17T20:02:15","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-redbook-endeksi-yillik-bazda-64e-yukseldi-onceki-62\/"},"modified":"2026-03-17T20:02:15","modified_gmt":"2026-03-17T20:02:15","slug":"abd-redbook-endeksi-yillik-bazda-64e-yukseldi-onceki-62","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-redbook-endeksi-yillik-bazda-64e-yukseldi-onceki-62\/","title":{"rendered":"ABD Redbook Endeksi y\u0131ll\u0131k bazda %6,4\u2019e y\u00fckseldi (\u00f6nceki: %6,2)"},"content":{"rendered":"ABD Redbook Endeksi 13 Mart\u2019ta y\u0131ll\u0131k bazda %6,4 artt\u0131. \u00d6nceki veri %6,2 idi.\n\nBu, iki \u00f6l\u00e7\u00fcm aras\u0131nda y\u0131ll\u0131k b\u00fcy\u00fcme h\u0131z\u0131nda s\u0131n\u0131rl\u0131 bir art\u0131\u015fa i\u015faret ediyor.\n\n<h3>T\u00fcketici Harcamalar\u0131nda H\u0131zlanma<\/h3>\nSon Redbook verisi (y\u0131ll\u0131k %6,4 art\u0131\u015f), t\u00fcketici harcamalar\u0131n\u0131n h\u0131zland\u0131\u011f\u0131n\u0131 ve g\u00fc\u00e7l\u00fc kald\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu tablo, ekonominin ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) para politikas\u0131n\u0131 (faiz kararlar\u0131 ve likidite ko\u015fullar\u0131) de\u011fi\u015ftirecek kadar belirgin \u015fekilde yava\u015flad\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcn\u00fc zay\u0131flat\u0131yor. Bu e\u011filimin, resmi perakende sat\u0131\u015f verileriyle teyit edilmesi bekleniyor; ancak Redbook gibi erken g\u00f6sterge (resmi verilerden \u00f6nce gelen sinyal) ekonomik canl\u0131l\u0131\u011f\u0131n s\u00fcrd\u00fc\u011f\u00fcne i\u015faret ediyor.\n\nBu veri, enflasyonu kontrol alt\u0131nda tutmak i\u00e7in Fed\u2019in faizleri daha uzun s\u00fcre y\u00fcksek d\u00fczeyde tutma olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor. Benzer durum 2025\u2019te de g\u00f6r\u00fclm\u00fc\u015ft\u00fc: G\u00fc\u00e7l\u00fc makro veriler, \u201cpolitika d\u00f6n\u00fc\u015f\u00fc\u201d (Fed\u2019in faiz art\u0131r\u0131m\u0131\/s\u0131k\u0131 duru\u015ftan faiz indirimine ge\u00e7mesi) beklentilerini tekrar tekrar ertelemi\u015fti. Bu Redbook a\u00e7\u0131klamas\u0131n\u0131n ard\u0131ndan CME FedWatch Tool\u2019a g\u00f6re (piyasan\u0131n faiz karar\u0131 olas\u0131l\u0131klar\u0131n\u0131 vadeli i\u015flemlerden t\u00fcreten g\u00f6sterge) 2026\u2019n\u0131n ikinci \u00e7eyre\u011finde faiz indirimi olas\u0131l\u0131\u011f\u0131 %20\u2019nin alt\u0131na geriledi; bu da \u201c\u015fahin\u201d g\u00f6r\u00fcn\u00fcm\u00fc (faizleri y\u00fcksek tutmaya e\u011filimli merkez bankas\u0131 duru\u015fu) g\u00fc\u00e7lendiriyor.\n\nHisse senedi piyasalar\u0131 a\u00e7\u0131s\u0131ndan bu durum \u00e7ift y\u00f6nl\u00fc bir tablo yarat\u0131yor. G\u00fc\u00e7l\u00fc t\u00fcketici harcamas\u0131, perakende ve \u201cihtiyari t\u00fcketim\u201d (zorunlu olmayan harcamalara duyarl\u0131 sekt\u00f6r) hisseleri i\u00e7in olumlu olabilir ve sekt\u00f6r odakl\u0131 ETF\u2019lerde (borsada i\u015flem g\u00f6ren fon) al\u0131m opsiyonlar\u0131n\u0131 (call: belirli fiyattan alma hakk\u0131) destekleyebilir. Ancak genel piyasa, uzun s\u00fcre y\u00fcksek kalabilecek faizler nedeniyle bask\u0131 g\u00f6rebilir. Bu nedenle SPX gibi ana endekslerde koruyucu sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131; d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 sigorta) ta\u015f\u0131mak, olas\u0131 geri \u00e7ekilmeye kar\u015f\u0131 makul bir korunma y\u00f6ntemi olabilir.\n\nFed\u2019in izleyebilece\u011fi yola dair belirsizlik, piyasada dalgalanmay\u0131 art\u0131rabilir. VIX (S&#038;P 500 i\u00e7in \u201ckorku endeksi\u201d, beklenen oynakl\u0131\u011f\u0131 g\u00f6sterir) 13,5 civar\u0131ndaki diplerinden 16\u2019n\u0131n \u00fczerine \u00e7\u0131kt\u0131; bu da yat\u0131r\u0131mc\u0131 tedirginli\u011finin artt\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu g\u00f6r\u00fcn\u00fcm, \u00f6n\u00fcm\u00fczdeki haftalarda VIX al\u0131m opsiyonlar\u0131yla daha y\u00fcksek oynakl\u0131\u011fa (fiyatlar\u0131n daha sert ini\u015f-\u00e7\u0131k\u0131\u015f yapmas\u0131) y\u00f6nelik pozisyon almay\u0131 daha temkinli bir yakla\u015f\u0131m haline getirebilir.\n\n<h3>Oynakl\u0131k Pozisyonlama Yakla\u015f\u0131m\u0131<\/h3>\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>Redbook y\u0131ll\u0131k art\u0131\u015f\u0131 %6,4\u2019e y\u00fckseldi: ABD\u2019de t\u00fcketim canl\u0131, \u201cFed pivotu\u201d yine \u00f6teleniyor. Piyasada \u015fahin faiz patikas\u0131 fiyatlan\u0131rken VIX t\u0131rman\u0131yor; hisse ve opsiyonlarda riskten korunma \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-30533","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\/30533","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=30533"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30533\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}