ABD\u2019de t\u00fcketici kredileri \u015eubat ay\u0131nda 9,48 milyar dolar artt\u0131. Bu art\u0131\u015f, 10 milyar dolarl\u0131k beklentinin alt\u0131nda kald\u0131.<\/p>\n
\u015eubat ay\u0131 t\u00fcketici kredisi verisinin beklentiden zay\u0131f gelmesi, ekonominin ana itici g\u00fcc\u00fc olan t\u00fcketici harcamalar\u0131n\u0131n yava\u015flad\u0131\u011f\u0131na i\u015faret ediyor. Bu veriyi tek seferlik bir sapma olarak de\u011fil, daha geni\u015f bir ekonomik yava\u015flamay\u0131 \u00f6nden haber verebilecek bir sinyal olarak de\u011ferlendirmek gerekir. Bu durum, t\u00fcketicilerin daha temkinli davrand\u0131\u011f\u0131n\u0131 g\u00f6steriyor; ya kendi tercihleriyle harcamay\u0131 k\u0131s\u0131yorlar ya da bankalar kredi verme ko\u015fullar\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131r\u0131yor (kredi standartlar\u0131: bankalar\u0131n kredi verirken arad\u0131\u011f\u0131 \u015fartlar).<\/p>\n
Bu veri, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) yak\u0131n vadede yeni faiz art\u0131r\u0131mlar\u0131 yapmas\u0131n\u0131 savunmas\u0131n\u0131 zorla\u015ft\u0131r\u0131yor. \u00d6n\u00fcm\u00fczdeki verilerde zay\u0131fl\u0131k s\u00fcrerse, piyasa y\u0131l sonundan \u00f6nce faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 daha y\u00fcksek fiyatlamaya ba\u015flayabilir (fiyatlamak: beklentiyi varl\u0131k fiyatlar\u0131na yans\u0131tmak). Bu nedenle yat\u0131r\u0131mc\u0131lar, faizlerin d\u00fc\u015fmesinden veya sabit kalmas\u0131ndan fayda sa\u011flayabilecek pozisyonlar\u0131 de\u011ferlendirebilir; \u00f6rne\u011fin SOFR vadeli i\u015flemlerini almak. (SOFR vadeli i\u015flemleri: ABD\u2019de teminatl\u0131 gecelik faiz oran\u0131na dayal\u0131, faiz beklentisine g\u00f6re de\u011fer kazanan\/kaybeden s\u00f6zle\u015fmeler.)<\/p>\n
Bu g\u00f6r\u00fcn\u00fcm, hisse endeksi t\u00fcrevlerinde zay\u0131fl\u0131k riskine i\u015faret ediyor; \u00e7\u00fcnk\u00fc t\u00fcketici faaliyeti yava\u015flad\u0131\u011f\u0131nda \u015firket k\u00e2rlar\u0131 zamanla bask\u0131lan\u0131r. Ayr\u0131ca piyasa dalgalanmas\u0131n\u0131n artabilece\u011fi beklentisi g\u00fc\u00e7leniyor. VIX endeksinin (VIX: ABD borsas\u0131nda beklenen oynakl\u0131\u011f\u0131 g\u00f6steren \u201ckorku endeksi\u201d) 18 seviyesinden yukar\u0131 \u00e7\u0131kmas\u0131 olas\u0131. \u00d6n\u00fcm\u00fczdeki haftalarda S&P 500 veya Nasdaq 100 endekslerinde korunma ama\u00e7l\u0131 sat\u0131m (put) opsiyonu almak daha ihtiyatl\u0131 bir yakla\u015f\u0131m olabilir. (Put opsiyonu: fiyat d\u00fc\u015ferse kazand\u0131ran, portf\u00f6y\u00fc d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 sigortalayan s\u00f6zle\u015fme.)<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD\u2019de t\u00fcketici kredileri \u015eubat\u2019ta 9,48 milyar $ artt\u0131; beklenti alt\u0131 art\u0131\u015f harcama ivmesinde frene i\u015faret. Fed\u2019in faiz art\u0131\u015f\u0131 zor, indirim fiyatlanabilir; VIX 18 \u00fcst\u00fc, endekslerde put korunmas\u0131 \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":0,"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-44140","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\/44140","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"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=44140"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44140\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}