「美國優先」令華爾街跌落神壇
By Ken Fisher, Hong Kong Economic Journal, Thursday, August 7, 2025
自美國總統特朗普於4月2日推出不合邏輯的關稅措施以來，相關新聞接踵而至，令不確定性持續高企。 市場向來最恐懼持續攀升的高度不確定性，這會令企業按兵不動、投資意欲放緩、拖慢經濟增長──當下美國正是首當其衝。下文將詳述當前形勢的啟示，甚至指出如何從中獲利。 間接鼓勵他國貿易活動 股市向來最能準確反映中長 ...
Read MoreKen Fisher writes monthly, native language columns in major media organs around the world, including the New York Post in the United States; The Daily Telegraph in the United Kingdom; Denmark’s leading business newspaper, Børsen; Singapore’s The Business Times; Taiwan’s Business Weekly; Caixin—often called the “Bloomberg of China”; Israel’s Calcalist; South Korea’s largest business paper, Chosun Weekly Biz; Japan’s Diamond Weekly; Spain’s largest business website and newspaper, elEconomista; Saudi Arabia’s Al Eqtisadiah; Mexico’s El Financiero; Germany’s Focus Money; Canada’s most read newspaper, The Globe and Mail; Switzerland’s leading business paper, Handelszeitung; the Hong Kong Economic Journal; Argentina’s Infobae; Ireland’s Irish Independent; Belgium’s La Libre; the United Arab Emirates’ The National; France’s L’Opinion; Sweden’s Privata Affärer; Italy’s third-largest newspaper and number one business paper, Il Sole 24 Ore; the Netherlands’ largest newspaper, De Telegraaf; and Austria’s Trend. In total, his 25 unique columns span more countries in more total volume than any other columnist of any type ever.
Ken is perhaps best known for his "Portfolio Strategy" column in Forbes magazine, which ran from 1984 through 2016, making him the longest continuously running columnist in Forbes’ history.
Not all past forecasts were, nor future forecasts will be, as accurate as those presented here. Forecasts are Ken Fisher's personal forecasts of the overall market as published in Forbes and do not represent the performance of Fisher Investments. Past performance is no guarantee of future returns. Investing in securities involves the risk of loss.
By Ken Fisher, Hong Kong Economic Journal, Thursday, August 7, 2025
自美國總統特朗普於4月2日推出不合邏輯的關稅措施以來，相關新聞接踵而至，令不確定性持續高企。 市場向來最恐懼持續攀升的高度不確定性，這會令企業按兵不動、投資意欲放緩、拖慢經濟增長──當下美國正是首當其衝。下文將詳述當前形勢的啟示，甚至指出如何從中獲利。 間接鼓勵他國貿易活動 股市向來最能準確反映中長 ...
Read MoreBy Ken Fisher, Privata Affärer, Thursday, August 7, 2025
Är inflationsgnistan på väg att tändas igen? Den högre inflationen i juli väcker oro över en repris på 2022–2023 – eller åtminstone att Riksbanken dröjer med räntesänkningarna. Ingen fara. Kriget mot inflationen är över. Låt mig förklara.
Read MoreBy Ken Fisher, Handelszeitung, Tuesday, August 5, 2025
König Bargeld verliert seine Krone. Weil alle auf die «Sicherheit» der Schweiz setzen, steigt der Franken, und die SNB senkt die Zinsen wieder auf null. Halten Sie zu viel Bargeld?
Read MoreBy Ken Fisher, The National, Monday, August 4, 2025
Are stocks ignoring reality? Or gorging on empty calories of "TACO" (Trump Always Chickens Out) trading - or getting bloated from frothy meme stocks? Bears believe that since world stocks' rally quickly reversed 2025's early-year correction. The reality is way simpler: forward-looking stocks pre-priced a worst-case tariff scenario in the spring that never arrived. A better-than-feared world is now taking shape. In any bull market, that is all stocks need to rally.
Read MoreBy Ken Fisher, Business Times Singapore, Monday, August 4, 2025
Many investors say they do so ‘in case’ stocks tumble, but focusing on portfolio parts versus the whole is a dangerous mental error.
Read MoreBy Ken Fisher, L'Opinion, Thursday, July 31, 2025
Quel positionnement adopter à présent ? Après un fort rebond, le CAC 40 s’essouffle et les marchés mondiaux marquent le pas. L’inquiétude monte parmi les investisseurs : faut-il sortir du marché si on est déjà investi ? Ou, au contraire, y entrer si on est en retrait ?
Read MoreBy Ken Fisher, The Telegraph, Tuesday, July 29, 2025
With Bitcoin hitting repeated record highs this year amid optimism over “pro-crypto” Donald Trump, many want in. Crypto bulls dismiss Bitcoin’s early 2025 plunge as a temporary blip, with the subsequent rebound to new highs portending even bigger gains ahead.
But if you feel tempted to buy crypto, ask yourself a simple question: “Why should I own it?”
Read MoreBy Ken Fisher, Irish Independent, Monday, July 28, 2025
Winning the inflation war was never about dropping prices, just retarding their rise ahead. And, on that basis, globally victory is achieved. Irish house prices surged in June, rents rose 4.6pc year-on-year and food costs were also up - with meat surging a massive 22pc. All of this, and especially food price rises, feeds a lingering fear that Irish inflation is resurging - undermining faith in Finance Minister Paschal Donohoe's claims of lower 2025 inflation.
Read MoreBy Ken Fisher, Al Eqtisadiah, Monday, July 28, 2025
مع وصول البيتكوين لمستويات قياسية وسط التفاؤل حيال موقف الرئيس الأمريكي دونالد ترمب المؤيد للعملات الرقمية، يتزايد الإقبال على الاستثمار في هذه السوقولكن قبل القيام بذلك، اسأل نفسك: "لماذا يجب علي امتلاك العملات الرقمية؟" إليك أبرز الإيجابيات والسلبيات.
Read MoreBy Ken Fisher, elEconomista, Thursday, July 24, 2025
¿Cómo debemos actuar cuando los mercados recuperan el terreno que habían perdido en un retroceso anterior? Ante la falta de una tendencia clara en la bolsa española tras los nuevos máximos y el estancamiento de las bolsas mundiales, la inquietud no deja de crecer. Los que están dentro del mercado se preguntan si deberían salir de él y los que están fuera se cuestionan si ahora es el momento perfecto para invertir. Al margen de la coyuntura bursátil, lo que realmente debería guiar las decisiones de los inversores son sus objetivos y necesidades a largo plazo, y no en qué cota se sitúa un índice.
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