15 May\u0131s itibar\u0131yla ABD Redbook Endeksi\u2019nin y\u0131ll\u0131k art\u0131\u015f oran\u0131 %8,1\u2019e geriledi. \u00d6nceki de\u011fer %9,6 idi.<\/p>\n
Bu, 1,5 y\u00fczde puanl\u0131k d\u00fc\u015f\u00fc\u015f anlam\u0131na geliyor. Veri, son okumay\u0131 bir y\u0131l \u00f6nceki ayn\u0131 d\u00f6nemle kar\u015f\u0131la\u015ft\u0131r\u0131r.<\/p>\n
Geriye d\u00f6n\u00fcp bak\u0131ld\u0131\u011f\u0131nda, ge\u00e7en y\u0131l bu haftada Redbook Endeksi\u2019nin %8,1\u2019e d\u00fc\u015fmesi, t\u00fcketicinin yava\u015flad\u0131\u011f\u0131na dair erken bir i\u015faretti. %9,6 seviyesinden gelen bu gerileme tek seferlik de\u011fil, bug\u00fcn de devam eden daha geni\u015f bir e\u011filimin ba\u015flang\u0131c\u0131yd\u0131. Bu durum, perakende sat\u0131\u015flarda kal\u0131c\u0131 zay\u0131flama desenini ortaya koydu.<\/p>\n
Bu ay\u0131n en g\u00fcncel verisi, Redbook Endeksi\u2019nin y\u0131ll\u0131k art\u0131\u015f\u0131n\u0131n %4,2\u2019ye indi\u011fini g\u00f6steriyor. Bu, t\u00fcketicinin harcamalar\u0131 belirgin bi\u00e7imde k\u0131st\u0131\u011f\u0131n\u0131 do\u011fruluyor. Bunu, Michigan \u00dcniversitesi T\u00fcketici G\u00fcveni anketinin 67,4\u2019e gerilemesi de destekliyor; bu seviye son alt\u0131 ay\u0131n en d\u00fc\u015f\u00fc\u011f\u00fc. Bu veriler, ekonominin ana itici g\u00fcc\u00fc olan hanehalk\u0131 harcamalar\u0131n\u0131n belirgin \u015fekilde zay\u0131flad\u0131\u011f\u0131n\u0131 anlat\u0131yor.<\/p>\n
Bu kal\u0131c\u0131 zay\u0131fl\u0131k nedeniyle, iste\u011fe ba\u011fl\u0131 t\u00fcketim (g\u0131da ve temel ihtiya\u00e7 d\u0131\u015f\u0131ndaki harcamalar) sekt\u00f6r\u00fcnde daha temkinli pozisyonlar g\u00fcndeme gelebilir. XLY borsa yat\u0131r\u0131m fonu (ETF: hisse gibi al\u0131n\u0131p sat\u0131lan, bir endeksi\/sekt\u00f6r\u00fc takip eden fon) \u00fczerinde sat\u0131m opsiyonu (put: fiyat d\u00fc\u015ferse de\u011fer kazanan opsiyon) almak, temel olmayan harcamalardaki olas\u0131 d\u00fc\u015f\u00fc\u015flere kar\u015f\u0131 korunma sa\u011flayabilir. XLY; Amazon ve Tesla gibi \u015firketleri takip eder. Bu sekt\u00f6r\u00fcn, temel t\u00fcketim (consumer staples: g\u0131da, temizlik gibi zorunlu \u00fcr\u00fcnler) sekt\u00f6r\u00fcne g\u00f6re daha zay\u0131f seyretti\u011fi g\u00f6r\u00fcl\u00fcyor.<\/p>\n
Zay\u0131flayan t\u00fcketim, genellikle daha geni\u015f bir ekonomik yava\u015flaman\u0131n \u00f6n\u00fcnde gelir. Bu nedenle yat\u0131r\u0131mc\u0131lar S&P 500 \u00fczerinde de koruyucu stratejiler d\u00fc\u015f\u00fcnebilir. \u00d6rne\u011fin SPY sat\u0131m opsiyonu (SPY: S&P 500\u2019\u00fc takip eden ETF) almak veya ay\u0131 call spread\u2019i (bear call spread: yukar\u0131 y\u00f6n kazanc\u0131 s\u0131n\u0131rl\u0131, d\u00fc\u015f\u00fc\u015f\/ yatay piyasada prim geliri hedefleyen opsiyon stratejisi) uygulamak; t\u00fcketici kaynakl\u0131 bir piyasa d\u00fc\u015f\u00fc\u015f\u00fcnde zararlar\u0131 s\u0131n\u0131rlamaya veya d\u00fc\u015f\u00fc\u015ften faydalanmaya yard\u0131mc\u0131 olabilir.<\/p>\n
ABD Merkez Bankas\u0131 (Fed) zor bir tabloda, \u00e7\u00fcnk\u00fc yava\u015flama ya\u015fan\u0131rken son T\u00dcFE (CPI: t\u00fcketici fiyat endeksi, enflasyonun yayg\u0131n \u00f6l\u00e7\u00fcs\u00fc) verisi enflasyonun %3,3 ile y\u00fcksek kald\u0131\u011f\u0131n\u0131 g\u00f6sterdi. B\u00fcy\u00fcmenin yava\u015flamas\u0131 ile enflasyonun inat\u00e7\u0131 seyri, faiz ad\u0131mlar\u0131na dair belirsizli\u011fi art\u0131r\u0131yor. Bu ortamda, oynakl\u0131\u011fa (volatilite: fiyatlar\u0131n h\u0131zl\u0131 ve sert dalgalanmas\u0131) odaklanan i\u015flemler \u00f6ne \u00e7\u0131kabilir; \u00f6rne\u011fin VIX endeksi opsiyonlar\u0131 (VIX: piyasadaki beklenen dalgalanmay\u0131 g\u00f6steren \u201ckorku endeksi\u201d) \u00f6n\u00fcm\u00fczdeki haftalarda daha temkinli bir yakla\u015f\u0131m olabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD Redbook y\u0131ll\u0131k art\u0131\u015f\u0131 %9,6\u2019dan %8,1\u2019e, son veride %4,2\u2019ye indi: t\u00fcketici net so\u011fuyor. G\u00fcven d\u00fc\u015f\u00fcyor, iste\u011fe ba\u011fl\u0131 harcama bask\u0131da. XLY\/SPY put ve VIX opsiyonlar\u0131 radarda.<\/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-46996","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\/46996","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=46996"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46996\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}