Kugadzira uye Migumisiro Yayo paPodfolio yako
Central Bank Banks Tanga Kuenda
Sangano reUnited States reUnited States rakatanga kutora mabhizimusi aro munaOctober 2017 ne $ 4 bhiriyoni pamwedzi inopedzisira iri mune zvigaro zvekuchengetedza mari . Bhizimusi rekuchengetwa kwebhengi rezvivimbiso izvi rakarohwa nguva yose yakakura ye $ 1.78 trillion munaMeyi muna 2017. MunaJanuary muna 2018, bhandi guru rinoronga kuwedzera kusvika kuma $ 8 mabhiriyoni pamwedzi uye pakupedzisira rinokurudzira kusvika kune $ 20 biliyoni pamwedzi muna October we 2018.
MuEurope, European Central Bank (ECB) Mutungamiri Mario Draghi akazivisa munaSeptember 2017 kuti Dare Rinodzora raizotonga kana richizopa € 60 biliyoni pamwedzi purogiramu yekuchera kwepamusoro mumwedzi unotevera. IY euro Area inflation rate yakawana 1.5 muzana munaAugust naSeptember, iyo inoramba ichiri pasi pebhanhire guru remazana maviri muzana tarani asi raive nani kudarika vazhinji vezvematongerwo enyika vakanga vachitarisira.
Bhizinesi reJapan (BOJ) rakatangawo kuderedza kushandiswa kwezvisungo zvaro gore negore rinenge rakapoteredza ¥ 50 trillion ($ 443 bhiriyoni), iro riri pasi paro rakasununguka kuti richengetedze kumativi anopfuura 80 triliyoni.
Kusiyana neFederal Reserve, BHB haifaniri kuzivisa zvirongwa zvayo mberi kwekanguva mumataurirwo echokwadi, izvo zvinoreva kuti misika inowanzowana kuchinja mushure me-iyo-chokwadi. Vatongi vanotarisira kusvika kusvika 2 muzana yekutengesa kwenyika muna 2019.
Migumisiro yeTapering Pamatsetse
Kuongororwa kwezvakawanda ndiyo nzira itsva iyo mabhizimusi makuru aakatora munguva yematambudziko emari muna 2008, izvo zvinoreva kuti hakuna mhemberero yezvakaitika zvemigumisiro yekufambisa mumashure.
Asi muchirevo, kuderedzwa kwekutengesa kwezvinhu kunotapudza kudiwa kwehurumende uye kuderedzwa kwekudiwa kunozoguma nemutengo wakaderera, uchifunga kuti zvimwe zvose zvinotariswa zvakaenzana. Mubvunzo mukuru ndihukuru hwekutengesa kwemari.
Izvo zvinokonzerwa nehurumende yeStart Reserve yekuwedzera kwehuwandu hwehupfumi ndiyo yaiva ye-120-based point yekuchera muhutano huripo mugore ra2013 iyo yakaderedza kushaya kwehuwandu nehuwandu hwehuwandu hwehuwandu hwehuwandu hwehupfumi hwehutano hwehutachiona hunokwana 1.25 kubva muzana uye huwandu hwekuwedzera kwehutano hwakakonzerwa nehupfumi hwehutachiona hwe 0.5 Panguva imwecheteyo, tsvakurudzo inoratidza kuti chirongwa ichi chingave chakawedzera mitengo yeUnited States kusvika 11 kusvika ku15 kubva muzana uye yakaderedza dhora rakashanda shanduro yehuwandu ne4,5 kusvika ku5 kubva muzana.
Mashoko akanaka kuvashambadziri ndeokuti kushandura mapurogiramu aya hazvizogoni kuchinja zvachose izvo zvinowanikwa. Nhamba ye tapering yakawanda zvikuru kudarika muyero we inflationary period, apo central bank balance sheets dzinogona kuramba dzichigadzikana zvikuru kupfuura dambudziko risati rasvika. Bhizimusi guru rakange rave rakajeka kuti ritaurire zvakajeka zvirongwa zvaro zvekudzivisa "Taper Tantrum" yakaitika muna 2013, izvo zvinoreva kuti kutora kungatove kwakatengeswa mumusika.
Hedging Strategies for Investors
Izvi zvinotarisirwa kuti zvive zvisinganzwisisiki pakutanga, asi vatengi vanogona kugadzirisa mabheti avo vachishandisa nzira dzakasiyana-siyana.
Imwe nzira yekugadzirisa kuti nzvimbo yako yepodfolio yakanyatsosiyana, iyo inobatsira kugadzirisa migumisiro yekutengesa mumusika chero ipi zvayo. Semuenzaniso, 2013 Taper Tantrum yakaguma nekudonha kwakakosha mumatengo ehurumende yehupfumi uye spike yakasimba muzvibereko. Migumisiro yacho yaingova yenguva pfupi, asi vatengesi vaive vakasiyana-siyana mune mamwe makirasi ezvimwe zvikwereti zvakadai semabatanidzwa emakambani kana mabhizimisi emakambani akabuda angave akawedzera kusungirirwa.
Vashandi vanogonawo kuvhara mapepati avo vachirwisana nekuderera zvakanyanya vachishandisa zvisarudzo kana zvimwe zvigadzirwa zvemari. Somuenzaniso, muteresi angatenga nguva yakareba kwenguva yakaisa S & P 500 kana vachidavira kuti mumusika uri pangozi gore rinouya kubva pamabasa ekufambisa. Izvi zvinowedzera kuwana ruzivo rwakakosha kana S & P 500 inotsika pasi, iyo inofanira kubatsira kubvisa chero kurasikirwa kupi zvese mumahombekiti epanguva yakafanana mune imwe nhamba.
Pakupedzisira, vatengesi vanogona kutarisa kusarudzwa kwavo kwekugadziriswa kwekushandisa kushandisa bond ladders, iyo inoshandiswa kugadzirisa kudiwa kwehuwandu hwehuwandu. Nzira iri nyore yekusimudza zvikwereti kana iwe usati uri wekodzero yakakosha yekukweretesa ndeyekutenga bhanhire rekushandura-yezvekutengesa mari (ETFs) iyo inobata chikamu chemahofisi ezvisungo zvakasiyana-siyana izvo zvakaderedza nguva uye zvibereko.
The Bottom Line
Vashandi vemunyika yose vanofanira kunge vachiziva kuti mazhinji emabanki makuru epasi pose anotanga kuwedzera kutenga zvinhu. Kunyange zvazvo kuwedzerwa hakuzogadziri zvizere zviwanikwa zvinokonzerwa nehuwandu hwekugadzirisa, zvinogona kunge zvisinganzwisisi pasi kudzvinyirira pamatengo edzimba, zvichienderana nehuwandu hwekutengesa. Dzimwe hupfumi hungave huri pangozi kupfuura vamwe vakapiwa kusiyana kwemaitiro avanozivisa zvirongwa zvekugadzira.