{"id":30950,"date":"2026-03-23T17:03:49","date_gmt":"2026-03-23T17:03:49","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-chicago-fed-ulusal-faaliyet-endeksi-subatta-onceki-018den-011e-geriledi\/"},"modified":"2026-03-23T17:03:49","modified_gmt":"2026-03-23T17:03:49","slug":"abd-chicago-fed-ulusal-faaliyet-endeksi-subatta-onceki-018den-011e-geriledi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-chicago-fed-ulusal-faaliyet-endeksi-subatta-onceki-018den-011e-geriledi\/","title":{"rendered":"ABD Chicago Fed Ulusal Faaliyet Endeksi \u015fubatta \u00f6nceki 0,18\u2019den -0,11\u2019e geriledi"},"content":{"rendered":"Chicago Fed Ulusal Ekonomik Faaliyet Endeksi (Chicago Fed National Activity Index), \u015fubatta -0,11\u2019e geriledi. Bir \u00f6nceki ay 0,18 seviyesindeydi.\n\nChicago Fed Ulusal Ekonomik Faaliyet Endeksi\u2019nin 0,18\u2019den -0,11\u2019e inerek eksi b\u00f6lgeye ge\u00e7mesi bizim i\u00e7in net bir sinyal. Bu, ekonomik b\u00fcy\u00fcmenin art\u0131k tarihsel ortalamas\u0131n\u0131n (ekonominin uzun d\u00f6nem \u201cnormal\u201d b\u00fcy\u00fcme e\u011filimi) alt\u0131na indi\u011fine i\u015faret ediyor. B\u00fcy\u00fcmenin ortalaman\u0131n alt\u0131na kaymas\u0131, \u00f6n\u00fcm\u00fczdeki haftalarda piyasada oynakl\u0131k (fiyat dalgalanmas\u0131n\u0131n artmas\u0131) ihtimalini y\u00fckseltiyor.\n\nBu rapor, \u00f6zellikle \u015eubat 2026 T\u00fcketici Fiyat Endeksi (T\u00dcFE\/CPI: t\u00fcketicinin \u00f6dedi\u011fi mal ve hizmet fiyatlar\u0131n\u0131n genel seviyesi) verisinin enflasyonun %3,4\u2019te \u201cyap\u0131\u015fkan\u201d (kolay gerilemeyen, kal\u0131c\u0131) kald\u0131\u011f\u0131n\u0131 g\u00f6stermesinin ard\u0131ndan, zaten kar\u0131\u015f\u0131k olan tabloyu daha da zorla\u015ft\u0131r\u0131yor. Ayr\u0131ca istihdam verisi de beklentiden zay\u0131f geldi; ge\u00e7en ay yaln\u0131zca 150 bin yeni istihdam yarat\u0131ld\u0131. B\u00fcy\u00fcmenin yava\u015flamas\u0131 ve enflasyonun inat\u00e7\u0131 kalmas\u0131, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) bir sonraki faiz karar\u0131 konusunda belirsizli\u011fi art\u0131r\u0131yor.\n\nBu ortamda portf\u00f6ylerimizde koruyucu i\u015flemleri art\u0131rmay\u0131 de\u011ferlendirmeliyiz. S&#038;P 500 gibi ana endekslerde sat\u0131m opsiyonu (put option: belirli bir tarihe kadar belirli fiyattan satma hakk\u0131 veren s\u00f6zle\u015fme) almak, olas\u0131 d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 etkili bir korunma (hedge: zarar riskini dengeleme) arac\u0131 olabilir. VIX (beklenen oynakl\u0131k endeksi: piyasadaki korku\/oynakl\u0131k beklentisini \u00f6l\u00e7en g\u00f6sterge) \u015fu anda 17 civar\u0131nda; belirsizli\u011fin artmas\u0131n\u0131 bekledi\u011fimiz i\u00e7in oynakl\u0131\u011fa uzun pozisyon (long volatility: oynakl\u0131k art\u0131nca kazanan strateji) da mant\u0131kl\u0131 bir se\u00e7enek.\n\nSekt\u00f6r bazl\u0131 riskler de yeniden g\u00f6zden ge\u00e7irilmeli. Ekonomik yava\u015flamaya hassas d\u00f6ng\u00fcsel sekt\u00f6rlerde (ekonomiye ba\u011fl\u0131 ini\u015f-\u00e7\u0131k\u0131\u015f ya\u015fayan) t\u00fcketici iste\u011fe ba\u011fl\u0131 harcamalar ve teknoloji taraf\u0131nda temkinli olmak gerekir. Ekonomi h\u0131z kesmeye devam ederse, sa\u011fl\u0131k ve temel t\u00fcketim gibi savunmac\u0131 sekt\u00f6rler (daha istikrarl\u0131 talep g\u00f6ren) g\u00f6rece daha iyi performans g\u00f6sterebilir.\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>Chicago Fed Ulusal Ekonomik Faaliyet Endeksi \u015fubatta 0,18\u2019den -0,11\u2019e d\u00fc\u015ferek b\u00fcy\u00fcmede zay\u0131flama sinyali verdi. Yap\u0131\u015fkan %3,4 enflasyon ve zay\u0131f istihdam Fed belirsizli\u011fini art\u0131r\u0131yor; hedge, VIX ve savunmac\u0131lar \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-30950","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\/30950","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=30950"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30950\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}