---
title: "下半年對沖策略：高盛詳細説明了未來可能出現的棘手尾部風險"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/247869554.md"
description: "根據高盛的跨資產類別宏觀對沖團隊，目前市場正處於 “恰到好處” 的狀態。進入下半年，較高的估值和混合的宏觀數據指向短期內股票的負面不對稱，而尾部風險的下降使得回調的潛在可能性高於反彈的可能性"
datetime: "2025-07-09T18:42:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247869554.md)
  - [en](https://longbridge.com/en/news/247869554.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247869554.md)
generator: "portal-rs"
---

# 下半年對沖策略：高盛詳細説明了未來可能出現的棘手尾部風險

**The market is currently trading in a goldilocks regime**, according to Goldman's cross-asset class macro hedging team.

Moving into H2, elevated valuations & mixed macro data points to **negative asymmetry for Equities in the near team**, while the tail risk has declined the **potential for drawdowns is higher than the likelihood of a rally**.

### 相關股票

- [TAIL.US](https://longbridge.com/zh-HK/quote/TAIL.US.md)

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---
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