美關稅再難「突襲」全球市場
By Ken Fisher, Hong Kong Economic Journal, Thursday, April 2, 2026
撇開伊朗戰事不談,投資者仍為關稅「頭痕」,而香港作為中美貿易的關鍵樞紐,擔憂尤其明顯。皆因美國總統特朗普於美國最高法院裁決後,隨即對全球加徵10%關稅(當你閱讀本文時,稅率或已升至15%),其團隊亦正尋找其他避開法院裁決的理由。 如你有留意,筆者對2026年的預測並未有提及關稅對市場的影響。2月的法 ...
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; The Australian Financial Review; 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; France’s largest business newspaper, Les Echos; 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; the Hong Kong Economic Journal; Argentina’s Infobae; Ireland’s Irish Independent; Portugal’s Jornal de Negócios; 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; Austria’s Trend; and India’s Vijayavani In total, his 28 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, April 2, 2026
撇開伊朗戰事不談,投資者仍為關稅「頭痕」,而香港作為中美貿易的關鍵樞紐,擔憂尤其明顯。皆因美國總統特朗普於美國最高法院裁決後,隨即對全球加徵10%關稅(當你閱讀本文時,稅率或已升至15%),其團隊亦正尋找其他避開法院裁決的理由。 如你有留意,筆者對2026年的預測並未有提及關稅對市場的影響。2月的法 ...
Read MoreBy Ken Fisher, Il Sole 24 Ore, Wednesday, April 1, 2026
Nell’aprile 2025 la Banca Mondiale ha stimato i dazi Usa pari a una media del 28%. L’aggiornamento di gennaio ha ridotto tale valore al 17% e il dato continua a scendere. Sulla base delle entrate del 2025 sono inferiori al 10%
Read MoreBy Ken Fisher, L'Opinion, Wednesday, April 1, 2026
Au cours des neuf guerres liées à l’or noir depuis 1980, les cours du pétrole en dollars américains étaient plus élevés un mois après le début du conflit. Mais six et douze mois après le début du conflit ? Les cours avaient baissé de 4 % à 5 %
Read MoreBy Ken Fisher, The National, Tuesday, March 31, 2026
Everything about the war - oil pricing, the Strait of Hormuz's closure - it all fans fears wildly. Especially in the Gulf, which has been so heavily attacked. But proximity makes capital markets' perspective crucial. History clearly shows regional wars do not roil energy prices, the global economy or stock markets for long . Expect no different this time.
Read MoreBy Ken Fisher, Børsen, Monday, March 30, 2026
Vil en krig forårsage langsigtet kaos for oliepriserne og kæntre den globale økonomi og OMXC25? Se på de historiske data, før du går i panik. Det vil nemlig afsløre en chokerende kendsgerning: Regionale krige påvirker aldrig aktierne – eller oliepriserne – i lang tid. Så bevar roen.
Read MoreBy Ken Fisher, The Business Times, Monday, March 30, 2026
INCREDULOUS – that best describes responses to my bullish 2026 forecast. And that was before the Iran war sent fears into overdrive.
Read MoreBy Ken Fisher, Al Eqtisadiah, Monday, March 30, 2026
تتعدد المخاوف المتعلقة بالحروب بأشكال شتى. ولكن لا تقلق، فالحروب الإقليمية لا تزعزع استقرار الأسهم طويلاً. وينطبق الأمر ذاته على أسعار النفط. فإن المخاوف من أن يؤدي التصعيد إلى محو مكاسب مؤشر السوق المالية السعودية البالغة 4% منذ مطلع شهر مارس، أو الآمال بأن يؤدي ارتفاع أسعار النفط إلى دفع الأسهم السعودية للأعلى، كلاهما تقديران مبالغ فيهما.
Read MoreBy Ken Fisher, Vijayavani, Sunday, March 29, 2026
ಇರಾನ್ ಸಂಘರ್ಷ ಶೀಘ್ರದಲ್ಲೇ ಭಾರತದ ಆರ್ಥಿಕತೆಗೆ ಭಾರಿ ಹೊಡೆತ ನೀಡಬಹುದು ಎಂದು ಅನೇಕರು ಭಯಪಡುತ್ತಿದ್ದಾರೆ. ಆಮದು ತೈಲದ ಮೇಲೆಯೇ ಭಾರತ ಅವಲಂಬಿತವಾಗಿದೆ ಎಂಬುದು ನಿಮಗೆ ಗೊತ್ತಿದೆ. ಇದು ಬಿಕ್ಕಟ್ಟಾಗಲಿದೆಯೇ? ಖಂಡಿತ ಇಲ್ಲ. ನಿಶ್ಚಿಂತರಾಗಿರಿ. ಏಕೆಂದರೆ, ತೈಲ ಬೆಲೆಗಳು ಶೀಘ್ರದಲ್ಲೇ ಅತಿ ಕಡಿಮೆ ಬೆಲೆಗೆ ಇಳಿಯಲಿವೆ. ಇಂಧನ ಕೇಂದ್ರಿತ ಪ್ರಾದೇಶಿಕ ಸಂಘರ್ಷಗಳು ತೈಲ ಬೆಲೆಗಳ ಮೇಲೆ ಕೇವಲ ಕ್ಷಣಿಕ ಪರಿಣಾಮವನ್ನು ಮಾತ್ರ ಬೀರುತ್ತವೆ.
Read MoreBy Ken Fisher, elEconomista, Friday, March 27, 2026
Las reacciones a mis optimistas previsiones para 2026 tienen un denominador común: los "sí, pero". "Sí, pero ¿y el conflicto en Irán?". "Sí, pero las valoraciones están infladas". "Sí, pero ¿la fortaleza del euro no afectará a España?".
Read MoreBy Ken Fisher, Les Echos, Friday, March 27, 2026
Les commentateurs ne cessent de multiplier les avertissements quant au prochain événement voué à précipiter la France dans une récession. Pourtant, il existe un excellent indicateur qui démontre l'absence de récession, assure l'investisseur Ken Fisher.
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