{"id":9311,"date":"2026-04-08T01:37:59","date_gmt":"2026-04-08T01:37:59","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9311"},"modified":"2026-04-08T01:38:03","modified_gmt":"2026-04-08T01:38:03","slug":"will-the-middle-east-conflict-drag-down-the-us-stock-market-three-supporting-factors-provide-the-answer","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/vi\/will-the-middle-east-conflict-drag-down-the-us-stock-market-three-supporting-factors-provide-the-answer\/","title":{"rendered":"Xung \u0111\u1ed9t Trung \u0110\u00f4ng li\u1ec7u c\u00f3 k\u00e9o ch\u1ee9ng kho\u00e1n M\u1ef9 \u0111i xu\u1ed1ng? Ba y\u1ebfu t\u1ed1 h\u1ed7 tr\u1ee3 cung c\u1ea5p c\u00e2u tr\u1ea3 l\u1eddi!"},"content":{"rendered":"

G\u1ea7n \u0111\u00e2y, gi\u1eefa nh\u1eefng lo ng\u1ea1i v\u1ec1 t\u00e1c \u0111\u1ed9ng ti\u1ec1m \u1ea9n c\u1ee7a c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb leo thang \u1edf Trung \u0110\u00f4ng \u0111\u1ed1i v\u1edbi ch\u1ee9ng kho\u00e1n M\u1ef9, nh\u1eefng c\u00e2u chuy\u1ec7n c\u1ef1c k\u1ef3 bi quan v\u1ec1 \u201cKho\u1ea3nh kh\u1eafc con s\u00f3i c\u1ee7a Willie\u201d \u0111\u00e3 gia t\u0103ng, trong \u0111\u00f3 nhi\u1ec1u ng\u01b0\u1eddi d\u1ef1 \u0111o\u00e1n ch\u1ee9ng kho\u00e1n M\u1ef9 s\u1ebd lao d\u1ed1c k\u1ecbch t\u00ednh, kh\u00f4ng \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3, ph\u1ea3n \u00e1nh s\u1ef1 s\u1ee5t gi\u1ea3m nhanh ch\u00f3ng c\u1ee7a nh\u00e2n v\u1eadt ho\u1ea1t h\u00ecnh. Tuy nhi\u00ean, nh\u00f3m nghi\u00ean c\u1ee9u c\u1ee7a ACE Markets, d\u1ef1a tr\u00ean vi\u1ec7c gi\u00e1m s\u00e1t to\u00e0n di\u1ec7n di\u1ec5n bi\u1ebfn \u0111\u1ecba ch\u00ednh tr\u1ecb, m\u00f4 h\u00ecnh th\u1ecb tr\u01b0\u1eddng l\u1ecbch s\u1eed, c\u00e1c nguy\u00ean t\u1eafc c\u01a1 b\u1ea3n v\u1ec1 ch\u1ee9ng kho\u00e1n M\u1ef9 v\u00e0 xu h\u01b0\u1edbng c\u1ed1t l\u00f5i c\u1ee7a ng\u00e0nh, tin r\u1eb1ng nh\u1eefng k\u1ef3 v\u1ecdng bi quan hi\u1ec7n t\u1ea1i \u0111\u00e3 b\u1ecb th\u1ed5i ph\u1ed3ng qu\u00e1 m\u1ee9c. Trong khi nh\u1eefng r\u1ee7i ro xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb v\u1eabn c\u1ea7n \u0111\u01b0\u1ee3c ch\u00fa \u00fd ch\u1eb7t ch\u1ebd, ch\u1ee9ng kho\u00e1n M\u1ef9 kh\u00f4ng \u1edf t\u00ecnh tr\u1ea1ng b\u1ea5p b\u00eanh v\u00e0 th\u1ecb tr\u01b0\u1eddng s\u1ee5p \u0111\u1ed5 kh\u00f4ng ph\u1ea3i l\u00e0 k\u1ebft qu\u1ea3 t\u1ea5t y\u1ebfu.<\/p>\n

T\u1eeb di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i, ngay c\u1ea3 khi b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb ti\u1ebfp t\u1ee5c leo thang \u1edf Trung \u0110\u00f4ng, s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh c\u1ee7a ch\u1ee9ng kho\u00e1n M\u1ef9 v\u1eabn t\u01b0\u01a1ng \u0111\u1ed1i d\u1ec5 qu\u1ea3n l\u00fd. D\u1eef li\u1ec7u t\u1eeb ACE Markets cho th\u1ea5y S&P 500 ch\u1ec9 gi\u1ea3m 7,4% so v\u1edbi m\u1ee9c \u0111\u1ec9nh tr\u01b0\u1edbc khi leo thang. S\u1ef1 tho\u00e1i lui n\u00e0y ch\u1ec9 l\u1edbn h\u01a1n m\u1ed9t ch\u00fat so v\u1edbi nh\u1eefng bi\u1ebfn \u0111\u1ed9ng b\u00ecnh th\u01b0\u1eddng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0o th\u00e1ng 5 n\u0103m 2019 v\u00e0 th\u00e1ng 4 n\u0103m 2018, c\u1ea3 hai \u0111\u1ec1u \u0111\u01b0\u1ee3c coi l\u00e0 nh\u1eefng giai \u0111o\u1ea1n bi\u1ebfn \u0111\u1ed9ng d\u1ec5 ti\u00eau h\u00f3a trong xu h\u01b0\u1edbng d\u00e0i h\u1ea1n c\u1ee7a ch\u1ee9ng kho\u00e1n M\u1ef9. M\u1eb7c d\u00f9 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u hi\u1ec7n nay \u0111\u00e3 khi\u1ebfn m\u1ed9t s\u1ed1 n\u01b0\u1edbc ch\u00e2u \u00c1 th\u1ef1c hi\u1ec7n vi\u1ec7c ph\u00e2n b\u1ed5 nhi\u00ean li\u1ec7u, m\u1ed9t s\u1ed1 \u00fd ki\u1ebfn \u200b\u200btr\u00ean th\u1ecb tr\u01b0\u1eddng v\u1eabn tin r\u1eb1ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u201cqu\u00e1 t\u1ef1 m\u00e3n\u201d. Tuy nhi\u00ean, theo quan \u0111i\u1ec3m c\u1ee7a ch\u00fang t\u00f4i, hi\u1ec7u su\u1ea5t n\u00e0y ch\u00ednh x\u00e1c l\u00e0 m\u1ed9t m\u1ee9c gi\u00e1 h\u1ee3p l\u00fd d\u1ef1a tr\u00ean c\u00e1c m\u00f4 h\u00ecnh l\u1ecbch s\u1eed v\u00e0 h\u1ed7 tr\u1ee3 c\u01a1 b\u1ea3n, thay v\u00ec s\u1ef1 l\u1ea1c quan m\u00f9 qu\u00e1ng.<\/p>\n

<\/a>\u0110\u00e1nh gi\u00e1 l\u1ecbch s\u1eed v\u1ec1 xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb: Chi\u1ebfn tranh kh\u00f4ng ph\u1ea3i l\u00e0 \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Hoa K\u1ef3 Th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng<\/strong><\/p>\n

ACE Markets \u0111\u00e3 ti\u1ebfn h\u00e0nh ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 hi\u1ec7u su\u1ea5t th\u1ecb tr\u01b0\u1eddng c\u1ee7a 30 s\u1ef1 ki\u1ec7n \u0111\u1ecba ch\u00ednh tr\u1ecb l\u1edbn tr\u00ean to\u00e0n c\u1ea7u k\u1ec3 t\u1eeb n\u0103m 1939. D\u1eef li\u1ec7u x\u00e1c nh\u1eadn r\u1eb1ng xung \u0111\u1ed9t qu\u00e2n s\u1ef1 v\u00e0 b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb hi\u1ebfm khi c\u00f3 t\u00e1c \u0111\u1ed9ng l\u00e2u d\u00e0i \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9. Sau nh\u1eefng s\u1ef1 ki\u1ec7n nh\u01b0 v\u1eady, m\u1ee9c gi\u1ea3m trung b\u00ecnh c\u1ee7a ch\u1ee9ng kho\u00e1n M\u1ef9 ch\u1ec9 l\u00e0 4% v\u00e0 nh\u00ecn chung ch\u00fang \u0111\u1ea1t \u0111\u01b0\u1ee3c s\u1ef1 ph\u1ee5c h\u1ed3i nhanh ch\u00f3ng. Logic c\u01a1 b\u1ea3n c\u1ed1t l\u00f5i c\u1ee7a m\u00f4 h\u00ecnh n\u00e0y n\u1eb1m \u1edf ch\u1ed7 n\u1ec1n t\u1ea3ng kinh t\u1ebf v\u00e0 c\u00f4ng nghi\u1ec7p trong n\u01b0\u1edbc c\u1ee7a Hoa K\u1ef3 hi\u1ebfm khi b\u1ecb \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp b\u1edfi c\u00e1c cu\u1ed9c chi\u1ebfn tranh \u1edf n\u01b0\u1edbc ngo\u00e0i. Ngay c\u1ea3 nh\u1eefng cu\u1ed9c chi\u1ebfn tranh k\u00e9o d\u00e0i nh\u01b0 Chi\u1ebfn tranh Vi\u1ec7t Nam v\u00e0 Chi\u1ebfn tranh Afghanistan, k\u1ebft th\u00fac b\u1eb1ng th\u1ea5t b\u1ea1i c\u1ee7a M\u1ef9, c\u0169ng kh\u00f4ng g\u00e2y thi\u1ec7t h\u1ea1i \u0111\u00e1ng k\u1ec3 cho c\u01a1 s\u1edf c\u00f4ng nghi\u1ec7p n\u1ed9i \u0111\u1ecba c\u1ee7a M\u1ef9. \u0110i\u1ec1u n\u00e0y v\u1ec1 c\u01a1 b\u1ea3n kh\u00e1c v\u1edbi t\u00ecnh h\u00ecnh \u1edf c\u00e1c qu\u1ed1c gia nh\u01b0 Anh, \u0110\u1ee9c v\u00e0 Nh\u1eadt B\u1ea3n trong Th\u1ebf chi\u1ebfn th\u1ee9 hai, n\u01a1i c\u00e1c ng\u00e0nh c\u00f4ng nghi\u1ec7p v\u00e0 th\u00e0nh ph\u1ed1 trong n\u01b0\u1edbc c\u1ee7a h\u1ecd b\u1ecb ph\u00e1 h\u1ee7y ho\u00e0n to\u00e0n.<\/p>\n

\"IMG_256\"<\/p>\n

H\u01a1n n\u1eefa, ph\u00e2n t\u00edch c\u1ee7a ch\u00fang t\u00f4i, k\u1ebft h\u1ee3p v\u1edbi nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng v\u1ed1n d\u00e0i h\u1ea1n c\u1ee7a UBS, x\u00e1c nh\u1eadn th\u00eam r\u1eb1ng b\u1ed1n th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng l\u1edbn \u0111\u00e3 t\u00e0n ph\u00e1 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n to\u00e0n c\u1ea7u trong th\u1ebf k\u1ef7 qua\u2014\u0110\u1ea1i suy tho\u00e1i, l\u1ec7nh c\u1ea5m v\u1eadn d\u1ea7u m\u1ecf 1973-1974, s\u1ef1 b\u00f9ng n\u1ed5 c\u1ee7a bong b\u00f3ng dot-com v\u00e0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u 2007-2009\u2014\u0111\u00e3 c\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng l\u1edbn h\u01a1n nhi\u1ec1u so v\u1edbi hai cu\u1ed9c Th\u1ebf chi\u1ebfn. Ch\u1ec9 nh\u1eefng qu\u1ed1c gia c\u00f3 n\u1ec1n t\u1ea3ng th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc b\u1ecb s\u1ee5p \u0111\u1ed5 mang t\u00ednh h\u1ec7 th\u1ed1ng m\u1edbi tr\u1ea3i qua nh\u1eefng c\u00fa s\u1ed1c t\u00e0n kh\u1ed1c tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n trong th\u1eddi chi\u1ebfn; v\u00ed d\u1ee5, gi\u00e1 tr\u1ecb th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Nga gi\u1ea3m m\u1ea1nh v\u1ec1 0 sau Th\u1ebf chi\u1ebfn th\u1ee9 nh\u1ea5t, v\u00e0 m\u1ee9c gi\u1ea3m th\u1ef1c t\u1ebf c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Nh\u1eadt B\u1ea3n l\u00ean t\u1edbi 96% sau Th\u1ebf chi\u1ebfn th\u1ee9 hai. \u0110\u00e1ng ch\u00fa \u00fd l\u00e0 sau khi M\u1ef9 t\u1ea5n c\u00f4ng Afghanistan n\u0103m 2001, th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9 ban \u0111\u1ea7u ph\u1ee5c h\u1ed3i trong th\u1eddi gian ng\u1eafn tr\u01b0\u1edbc khi r\u01a1i v\u00e0o t\u00ecnh tr\u1ea1ng suy gi\u1ea3m k\u00e9o d\u00e0i m\u1ed9t n\u0103m. Y\u1ebfu t\u1ed1 th\u00fac \u0111\u1ea9y c\u1ed1t l\u00f5i kh\u00f4ng ph\u1ea3i l\u00e0 b\u1ea3n th\u00e2n chi\u1ebfn tranh m\u00e0 l\u00e0 s\u1ef1 b\u00f9ng n\u1ed5 li\u00ean t\u1ee5c c\u1ee7a bong b\u00f3ng dot-com. \u0110i\u1ec1u n\u00e0y c\u0169ng kh\u1eb3ng \u0111\u1ecbnh ph\u00e2n t\u00edch c\u1ed1t l\u00f5i c\u1ee7a ACE Markets: y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh \u0111\u1ebfn di\u1ec5n bi\u1ebfn c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Hoa K\u1ef3 lu\u00f4n l\u00e0 nh\u1eefng thay \u0111\u1ed5i trong m\u00f4i tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 c\u00e1c nguy\u00ean t\u1eafc kinh t\u1ebf c\u01a1 b\u1ea3n, ch\u1ee9 kh\u00f4ng ph\u1ea3i b\u1ea3n th\u00e2n c\u00e1c s\u1ef1 ki\u1ec7n \u0111\u1ecba ch\u00ednh tr\u1ecb.<\/p>\n

T\u1ea5t nhi\u00ean, t\u00ecnh h\u00ecnh \u1edf Iran l\u00e0 duy nh\u1ea5t \u2013 eo bi\u1ec3n Hormuz v\u1eadn chuy\u1ec3n kho\u1ea3ng 1\/5 l\u01b0\u1ee3ng d\u1ea7u v\u1eadn chuy\u1ec3n c\u1ee7a th\u1ebf gi\u1edbi, v\u00e0 vi\u1ec7c phong t\u1ecfa tuy\u1ebfn \u0111\u01b0\u1eddng th\u1ee7y n\u00e0y s\u1ebd g\u00e2y ra s\u1ef1 thi\u1ebfu h\u1ee5t mang t\u00ednh h\u1ec7 th\u1ed1ng trong ngu\u1ed3n cung d\u1ea7u to\u00e0n c\u1ea7u. Trong khi gi\u00e1 d\u1ea7u giao ngay \u0111\u00e3 t\u0103ng \u0111\u00e1ng k\u1ec3, c\u00e1c nh\u00e0 giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u01b0\u01a1ng lai v\u1eabn \u0111ang \u0111\u1ecbnh gi\u00e1 gi\u00e1 s\u1ebd gi\u1ea3m t\u1eeb m\u1ee9c 111 USD\/th\u00f9ng hi\u1ec7n t\u1ea1i xu\u1ed1ng c\u00f2n 85 USD\/th\u00f9ng v\u00e0o cu\u1ed1i n\u0103m nay. Theo quan \u0111i\u1ec3m c\u1ee7a ch\u00fang t\u00f4i, m\u1ee9c gi\u00e1 n\u00e0y ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng h\u1ee3p l\u00fd t\u1eeb th\u1ecb tr\u01b0\u1eddng v\u1ec1 s\u1ef1 can thi\u1ec7p ch\u00ednh s\u00e1ch c\u1ee7a Hoa K\u1ef3: khi cu\u1ed9c b\u1ea7u c\u1eed gi\u1eefa nhi\u1ec7m k\u1ef3 \u0111ang \u0111\u1ebfn g\u1ea7n, c\u1eed tri M\u1ef9 c\u00f3 kh\u1ea3 n\u0103ng ch\u1ecbu \u0111\u1ef1ng c\u1ef1c k\u1ef3 th\u1ea5p \u0111\u1ed1i v\u1edbi gi\u00e1 d\u1ea7u cao v\u00e0 ch\u00ednh quy\u1ec1n Trump \u0111\u00e3 nhi\u1ec1u l\u1ea7n th\u1ec3 hi\u1ec7n s\u1ef1 quan t\u00e2m ch\u1eb7t ch\u1ebd c\u1ee7a m\u00ecnh \u0111\u1ebfn xu h\u01b0\u1edbng gi\u00e1 d\u1ea7u. Cho d\u00f9 \u0111\u00f3 l\u00e0 tri\u1ec3n khai qu\u00e2n \u0111\u1ed9i \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o an to\u00e0n cho c\u00e1c tuy\u1ebfn \u0111\u01b0\u1eddng v\u1eadn chuy\u1ec3n hay th\u00fac \u0111\u1ea9y m\u1ed9t th\u1ecfa thu\u1eadn h\u00f2a b\u00ecnh, c\u00e1c nh\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch \u0111\u1ec1u c\u00f3 nhi\u1ec1u \u0111\u1ed9ng l\u1ef1c \u0111\u1ec3 ki\u1ec1m ch\u1ebf s\u1ef1 t\u0103ng gi\u00e1 \u0111\u01a1n ph\u01b0\u01a1ng, k\u00e9o d\u00e0i c\u1ee7a gi\u00e1 d\u1ea7u.<\/p>\n

<\/a>C\u00e1c y\u1ebfu t\u1ed1 c\u01a1 b\u1ea3n v\u1ec1 thu nh\u1eadp t\u1ed1t h\u01a1n mong \u0111\u1ee3i t\u1ea1o th\u00e0nh t\u1ea5m \u0111\u1ec7m an to\u00e0n c\u1ed1t l\u00f5i cho ch\u1ee9ng kho\u00e1n M\u1ef9.<\/strong><\/p>\n

Kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i c\u1ee7a thu nh\u1eadp doanh nghi\u1ec7p l\u00e0 c\u01a1 s\u1edf h\u1ed7 tr\u1ee3 c\u01a1 b\u1ea3n c\u1ed1t l\u00f5i cho quan \u0111i\u1ec3m c\u1ee7a ACE Markets r\u1eb1ng kh\u00f4ng c\u1ea7n thi\u1ebft ph\u1ea3i bi quan qu\u00e1 m\u1ee9c \u0111\u1ed1i v\u1edbi ch\u1ee9ng kho\u00e1n M\u1ef9. Vi\u1ec7c theo d\u00f5i d\u1eef li\u1ec7u thu nh\u1eadp t\u1ea7n su\u1ea5t cao c\u1ee7a LSEG c\u1ee7a ch\u00fang t\u00f4i cho th\u1ea5y r\u1eb1ng k\u1ec3 t\u1eeb cu\u1ed9c \u0111\u00ecnh c\u00f4ng \u0111\u1ea7u ti\u00ean ch\u1ed1ng l\u1ea1i Iran, d\u1ef1 b\u00e1o thu nh\u1eadp \u0111\u1ed3ng thu\u1eadn cho c\u00e1c th\u00e0nh ph\u1ea7n c\u1ee7a S&P 500 trong 12 th\u00e1ng t\u1edbi kh\u00f4ng nh\u1eefng kh\u00f4ng \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh gi\u1ea3m xu\u1ed1ng do r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb ng\u00e0y c\u00e0ng leo thang m\u00e0 thay v\u00e0o \u0111\u00f3 c\u00f2n t\u0103ng ng\u01b0\u1ee3c l\u1ea1i xu h\u01b0\u1edbng. K\u1ef3 v\u1ecdng c\u1ee7a Ph\u1ed1 Wall v\u1ec1 thu nh\u1eadp tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu c\u1ee7a S&P 500 \u0111\u00e3 t\u0103ng t\u1ed5ng c\u1ed9ng 3,6%, \u0111\u00e1nh d\u1ea5u m\u1ee9c \u0111i\u1ec1u ch\u1ec9nh t\u0103ng ng\u1eafn h\u1ea1n nhanh nh\u1ea5t trong 5 n\u0103m. M\u1eb7c d\u00f9 c\u01b0\u1eddng \u0111\u1ed9 thay \u0111\u1ed5i m\u1ed9t ch\u00fat so v\u1edbi c\u00e1c ngu\u1ed3n d\u1eef li\u1ec7u kh\u00e1c, nh\u01b0ng t\u1ea5t c\u1ea3 ch\u00fang \u0111\u1ec1u cho th\u1ea5y xu h\u01b0\u1edbng t\u0103ng r\u00f5 r\u00e0ng.<\/p>\n

\"IMG_257\"<\/p>\n

Nh\u00ecn v\u00e0o c\u00e1c l\u0129nh v\u1ef1c kh\u00e1c nhau, ng\u00e0nh d\u1ea7u m\u1ecf, \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i t\u1eeb gi\u00e1 d\u1ea7u t\u0103ng, \u0111\u01b0\u01a1ng nhi\u00ean ch\u1ee9ng ki\u1ebfn \u200b\u200b\u200b\u200bs\u1ef1 gia t\u0103ng l\u1edbn nh\u1ea5t v\u1ec1 k\u1ef3 v\u1ecdng thu nh\u1eadp. Tuy nhi\u00ean, k\u1ef3 v\u1ecdng v\u1ec1 thu nh\u1eadp c\u1ee7a c\u00e1c ng\u00e0nh ti\u00eau th\u1ee5 d\u1ea7u kh\u00e1c nh\u01b0 h\u00f3a ch\u1ea5t, h\u00e0ng kh\u00f4ng v\u00e0 t\u00e0u du l\u1ecbch th\u1ef1c s\u1ef1 \u0111\u00e3 b\u1ecb \u1ea3nh h\u01b0\u1edfng \u1edf m\u1ed9t m\u1ee9c \u0111\u1ed9 n\u00e0o \u0111\u00f3. Nh\u01b0ng \u0111i\u1ec1u v\u01b0\u1ee3t qu\u00e1 mong \u0111\u1ee3i c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 k\u1ec3 t\u1eeb khi t\u00ecnh h\u00ecnh hi\u1ec7n t\u1ea1i leo thang, d\u1ef1 b\u00e1o thu nh\u1eadp cho t\u1ea5t c\u1ea3 c\u00e1c l\u0129nh v\u1ef1c c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Hoa K\u1ef3 \u0111\u00e3 \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh t\u0103ng l\u00ean, trong \u0111\u00f3 l\u0129nh v\u1ef1c c\u00f4ng ngh\u1ec7 th\u1eadm ch\u00ed c\u00f2n ghi nh\u1eadn m\u1ee9c t\u0103ng l\u1edbn nh\u1ea5t trong 4 tu\u1ea7n k\u1ec3 t\u1eeb khi c\u00f3 d\u1eef li\u1ec7u v\u00e0o n\u0103m 1995.<\/p>\n

\u0110\u1eb1ng sau th\u00e0nh t\u00edch t\u1ed1t h\u01a1n mong \u0111\u1ee3i n\u00e0y l\u00e0 kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i m\u1ea1nh m\u1ebd c\u1ee7a n\u1ec1n kinh t\u1ebf M\u1ef9. ACE Markets \u0111\u00e1nh gi\u00e1 d\u00f9 M\u1ef9 \u0111\u00e3 tr\u1edf th\u00e0nh n\u01b0\u1edbc xu\u1ea5t kh\u1ea9u r\u00f2ng n\u0103ng l\u01b0\u1ee3ng nh\u01b0ng gi\u00e1 d\u1ea7u cao v\u1eabn s\u1ebd c\u00f3 t\u00e1c \u0111\u1ed9ng nh\u1ea5t \u0111\u1ecbnh \u0111\u1ebfn t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf. Tuy nhi\u00ean, tr\u01b0\u1edbc khi b\u00f9ng n\u1ed5 v\u00f2ng xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb n\u00e0y, n\u1ec1n kinh t\u1ebf M\u1ef9 \u0111\u00e3 \u1edf trong ph\u1ea1m vi ho\u1ea1t \u0111\u1ed9ng m\u1ea1nh m\u1ebd, c\u00f3 kh\u00f4ng gian \u0111\u1ec7m d\u1ed3i d\u00e0o \u0111\u1ec3 h\u1ea5p th\u1ee5 t\u00e1c \u0111\u1ed9ng nh\u1eb9 c\u1ee7a gi\u00e1 d\u1ea7u t\u0103ng. Ngay c\u1ea3 v\u1edbi c\u00e1c cu\u1ed9c th\u1ea3o lu\u1eadn tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u1ec1 l\u1ea1m ph\u00e1t \u0111\u00ecnh tr\u1ec7, ch\u1eb3ng h\u1ea1n nh\u01b0 l\u1ea1m ph\u00e1t gia t\u0103ng v\u00e0 t\u0103ng tr\u01b0\u1edfng ch\u1eadm l\u1ea1i, c\u00e1c t\u1ed5 ch\u1ee9c ch\u00ednh th\u1ed1ng v\u1eabn ch\u01b0a \u0111\u01b0a suy tho\u00e1i kinh t\u1ebf v\u00e0o c\u00e1c k\u1ecbch b\u1ea3n d\u1ef1 b\u00e1o c\u01a1 b\u1ea3n c\u1ee7a h\u1ecd. \u0110\u00e2y l\u00e0 l\u00fd do c\u1ed1t l\u00f5i t\u1ea1i sao k\u1ef3 v\u1ecdng v\u1ec1 l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh t\u0103ng l\u00ean. Khi ch\u00fang t\u00f4i \u0111\u1ea1t \u0111\u01b0\u1ee3c s\u1ef1 \u0111\u1ed3ng thu\u1eadn v\u1edbi c\u00f4ng ty qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n to\u00e0n c\u1ea7u Tikehau Capital: n\u1ec1n kinh t\u1ebf to\u00e0n c\u1ea7u kh\u1edfi \u0111\u1ea7u n\u0103m m\u1edbi tr\u00ean n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc v\u00e0 ho\u00e0n to\u00e0n c\u00f3 kh\u1ea3 n\u0103ng h\u1ea5p th\u1ee5 \u0111\u1ee3t s\u1ed1c \u0111\u1ecba ch\u00ednh tr\u1ecb n\u00e0y. N\u1ebfu cu\u1ed9c kh\u1ee7ng ho\u1ea3ng c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t trong ng\u1eafn h\u1ea1n, n\u1ec1n kinh t\u1ebf v\u00e0 l\u1ee3i nhu\u1eadn doanh nghi\u1ec7p trong c\u1ea3 n\u0103m v\u1eabn \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd \u0111\u1ea1t \u0111\u01b0\u1ee3c k\u1ebft qu\u1ea3 \u1ed5n \u0111\u1ecbnh.<\/p>\n

<\/a>Tri\u1ec3n v\u1ecdng m\u1ea1nh m\u1ebd c\u1ee7a ng\u00e0nh AI ti\u1ebfp t\u1ee5c b\u00f9 \u0111\u1eafp cho nh\u1eefng b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb.<\/strong><\/p>\n

Nh\u1eefng k\u1ef3 v\u1ecdng l\u1ea1c quan v\u1ec1 s\u1ef1 ph\u00e1t tri\u1ec3n l\u00e2u d\u00e0i c\u1ee7a ng\u00e0nh AI l\u00e0 m\u1ed9t \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i kh\u00e1c h\u1ed7 tr\u1ee3 vi\u1ec7c \u0111\u1ecbnh gi\u00e1 ch\u1ee9ng kho\u00e1n M\u1ef9 hi\u1ec7n t\u1ea1i v\u00e0 \u0111\u00e2y c\u0169ng l\u00e0 ch\u1ee7 \u0111\u1ec1 ch\u00ednh m\u00e0 ACE Markets ti\u1ebfp t\u1ee5c theo d\u00f5i ch\u1eb7t ch\u1ebd. \u0110\u1ed9ng l\u1ef1c ch\u00ednh th\u00fac \u0111\u1ea9y \u0111\u1ee3t t\u0103ng tr\u01b0\u1edfng n\u00e0y c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Hoa K\u1ef3 l\u00e0 cu\u1ed9c c\u00e1ch m\u1ea1ng c\u00f4ng nghi\u1ec7p v\u00e0 chu k\u1ef3 m\u1edf r\u1ed9ng chi ti\u00eau v\u1ed1n do s\u1ef1 l\u1eb7p l\u1ea1i c\u1ee7a c\u00f4ng ngh\u1ec7 AI mang l\u1ea1i. Ngay c\u1ea3 trong b\u1ed1i c\u1ea3nh r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb ng\u00e0y c\u00e0ng leo thang, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn ti\u1ebfp t\u1ee5c \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o d\u00f2ng v\u1ed1n l\u1edbn v\u00e0o c\u00e1c l\u0129nh v\u1ef1c c\u1ed1t l\u00f5i li\u00ean quan \u0111\u1ebfn AI, ch\u1eb3ng h\u1ea1n nh\u01b0 trung t\u00e2m d\u1eef li\u1ec7u v\u00e0 chip cao c\u1ea5p. K\u1ef3 v\u1ecdng n\u00e0y cung c\u1ea5p h\u1ed7 tr\u1ee3 c\u01a1 c\u1ea5u d\u1ed3i d\u00e0o v\u00e0 s\u00e0n t\u00e2m l\u00fd cho th\u1ecb tr\u01b0\u1eddng.<\/p>\n

\"IMG_258\"<\/p>\n

S\u1ef1 bi\u1ebfn \u0111\u1ed9ng g\u1ea7n \u0111\u00e2y c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 th\u1ec3 hi\u1ec7n \u0111\u1ea7y \u0111\u1ee7 s\u1ee9c m\u1ea1nh \u0111\u1ecbnh gi\u00e1 c\u1ed1t l\u00f5i c\u1ee7a ch\u1ee7 \u0111\u1ec1 AI. M\u1ed9t b\u00e0i b\u00e1o do Google Research xu\u1ea5t b\u1ea3n v\u1ec1 c\u00f4ng ngh\u1ec7 n\u00e9n d\u1eef li\u1ec7u m\u1edbi, \u0111\u1ec1 xu\u1ea5t gi\u1ea3m nhu c\u1ea7u v\u1ec1 b\u1ed9 nh\u1edb ng\u1eafn h\u1ea1n \u0111\u1eaft ti\u1ec1n cho c\u00e1c m\u00f4 h\u00ecnh ng\u00f4n ng\u1eef l\u1edbn, \u0111\u00e3 khi\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty nh\u01b0 SanDisk, Seagate Technology, Micron Technology v\u00e0 Western Digital v\u1ed1n tr\u01b0\u1edbc \u0111\u00f3 t\u0103ng v\u1ecdt do nhu c\u1ea7u chip l\u01b0u tr\u1eef t\u1ed1c \u0111\u1ed9 cao t\u0103ng v\u1ecdt, \u0111\u00e3 lao d\u1ed1c. Theo quan \u0111i\u1ec3m c\u1ee7a ch\u00fang t\u00f4i, s\u1ef1 bi\u1ebfn \u0111\u1ed9ng n\u00e0y minh h\u1ecda ch\u00ednh x\u00e1c r\u1eb1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9 hi\u1ec7n r\u1ea5t nh\u1ea1y c\u1ea3m v\u1edbi s\u1ef1 l\u1eb7p l\u1ea1i c\u00f4ng ngh\u1ec7, thay \u0111\u1ed5i cung c\u1ea7u c\u0169ng nh\u01b0 tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n c\u1ee7a ng\u00e0nh AI. Ch\u1ee7 \u0111\u1ec1 AI v\u1eabn l\u00e0 bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i x\u00e1c \u0111\u1ecbnh xu h\u01b0\u1edbng c\u1ea5u tr\u00fac c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Hoa K\u1ef3 v\u00e0 s\u1ef1 ph\u00e1t tri\u1ec3n li\u00ean t\u1ee5c c\u1ee7a n\u00f3 s\u1ebd ti\u1ebfp t\u1ee5c mang l\u1ea1i ngu\u1ed3n v\u1ed1n gia t\u0103ng v\u00e0 h\u1ed7 tr\u1ee3 \u0111\u1ecbnh gi\u00e1 cho th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Hoa K\u1ef3.<\/p>\n

<\/a>C\u1ea3nh b\u00e1o r\u1ee7i ro \u0111u\u00f4i v\u00e0 \u0111\u00e1nh gi\u00e1 cu\u1ed1i c\u00f9ng<\/strong><\/p>\n

ACE Markets ph\u1ea3i ch\u1ec9 ra r\u1eb1ng hi\u1ec7u qu\u1ea3 c\u1ee7a ba l\u1ef1c l\u01b0\u1ee3ng h\u1ed7 tr\u1ee3 n\u00eau tr\u00ean d\u1ef1a tr\u00ean gi\u1ea3 \u0111\u1ecbnh c\u1ed1t l\u00f5i r\u1eb1ng \u201cxung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb \u1edf Trung \u0110\u00f4ng s\u1ebd k\u1ebft th\u00fac nhanh ch\u00f3ng\u201d. Nh\u1eadn \u0111\u1ecbnh n\u00e0y v\u1eabn c\u00f3 kh\u1ea3 n\u0103ng sai: n\u1ebfu Iran v\u00e0 M\u1ef9 kh\u00f4ng \u0111\u1ea1t \u0111\u01b0\u1ee3c th\u1ecfa thu\u1eadn v\u1ec1 c\u00e1c \u0111i\u1ec1u ki\u1ec7n h\u00f2a b\u00ecnh, n\u1ebfu Israel ti\u1ebfp t\u1ee5c leo thang xung \u0111\u1ed9t, ho\u1eb7c n\u1ebfu M\u1ef9 can thi\u1ec7p qu\u00e2n s\u1ef1 v\u00e0 b\u1ecb l\u00f4i k\u00e9o v\u00e0o m\u1ed9t cu\u1ed9c kh\u00e1ng c\u1ef1 k\u00e9o d\u00e0i, d\u1eabn \u0111\u1ebfn s\u1ef1 gi\u00e1n \u0111o\u1ea1n k\u00e9o d\u00e0i c\u1ee7a c\u00e1c tuy\u1ebfn \u0111\u01b0\u1eddng v\u1eadn chuy\u1ec3n v\u00f9ng V\u1ecbnh v\u00e0 th\u1eadm ch\u00ed l\u00e0 thi\u1ec7t h\u1ea1i kh\u00f4ng th\u1ec3 kh\u1eafc ph\u1ee5c \u0111\u1ed1i v\u1edbi c\u00e1c c\u01a1 s\u1edf s\u1ea3n xu\u1ea5t d\u1ea7u, th\u00ec th\u1ecb tr\u01b0\u1eddng n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u s\u1ebd ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi m\u1ed9t c\u00fa s\u1ed1c mang t\u00ednh h\u1ec7 th\u1ed1ng. Trong k\u1ecbch b\u1ea3n c\u1ef1c \u0111oan khi gi\u00e1 d\u1ea7u t\u0103ng v\u1ecdt l\u00ean 200 USD\/th\u00f9ng, ch\u1ee9ng kho\u00e1n M\u1ef9 v\u1eabn \u0111\u1ee9ng tr\u01b0\u1edbc nguy c\u01a1 \u0111i\u1ec1u ch\u1ec9nh \u0111\u00e1ng k\u1ec3.<\/p>\n

Cu\u1ed1i c\u00f9ng, \u201cKho\u1ea3nh kh\u1eafc Willie\u2019s Wolf\u201d \u0111\u01b0\u1ee3c th\u1ed5i ph\u1ed3ng qu\u00e1 m\u1ee9c c\u1ee7a th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i ch\u1ec9 \u0111\u01a1n thu\u1ea7n l\u00e0 m\u1ed9t k\u1ecbch b\u1ea3n c\u01a1 b\u1ea3n c\u00f3 x\u00e1c su\u1ea5t th\u1ea5p, c\u1ef1c k\u1ef3 r\u1ee7i ro, kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t k\u1ecbch b\u1ea3n c\u01a1 b\u1ea3n \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o. S\u1ef1 l\u1ea1c quan th\u1eadn tr\u1ecdng c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ed1i v\u1edbi ch\u1ee9ng kho\u00e1n M\u1ef9 \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi c\u00e1c m\u00f4 h\u00ecnh l\u1ecbch s\u1eed v\u1eefng ch\u1eafc, thu nh\u1eadp doanh nghi\u1ec7p t\u1ed1t h\u01a1n mong \u0111\u1ee3i v\u00e0 xu h\u01b0\u1edbng ph\u00e1t tri\u1ec3n d\u00e0i h\u1ea1n c\u1ee7a ng\u00e0nh AI; \u0111\u00f3 kh\u00f4ng ph\u1ea3i l\u00e0 s\u1ef1 theo \u0111u\u1ed5i m\u00f9 qu\u00e1ng v\u00f4 c\u0103n c\u1ee9. ACE Markets tin r\u1eb1ng giao d\u1ecbch theo c\u1ea3m x\u00fac do b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb th\u00fac \u0111\u1ea9y th\u01b0\u1eddng l\u00e0 nguy\u00ean nh\u00e2n c\u1ed1t l\u00f5i d\u1eabn \u0111\u1ebfn nh\u1eefng \u0111\u00e1nh gi\u00e1 sai l\u1ea7m tr\u00ean th\u1ecb tr\u01b0\u1eddng. Ch\u1ec9 th\u00f4ng qua vi\u1ec7c theo d\u00f5i d\u1eef li\u1ec7u to\u00e0n di\u1ec7n, xem x\u00e9t l\u1ecbch s\u1eed chuy\u00ean s\u00e2u v\u00e0 ph\u00e2n t\u00edch c\u01a1 b\u1ea3n nghi\u00eam ng\u1eb7t, ch\u00fang ta m\u1edbi c\u00f3 th\u1ec3 th\u00e2m nh\u1eadp v\u00e0o ti\u1ebfng \u1ed3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 n\u1eafm b\u1eaft ch\u00ednh x\u00e1c \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i c\u1ee7a gi\u00e1 t\u00e0i s\u1ea3n \u2014 \u0111\u00e2y l\u00e0 nguy\u00ean t\u1eafc nghi\u00ean c\u1ee9u \u0111\u1ea7u t\u01b0 nh\u1ea5t qu\u00e1n c\u1ee7a ch\u00fang t\u00f4i.<\/p>","protected":false},"excerpt":{"rendered":"

ACE Markets ph\u00e2n t\u00edch li\u1ec7u c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb c\u00f3 th\u1ec3 g\u00e2y ra s\u1ef1 s\u1ee5p \u0111\u1ed5 c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9 hay kh\u00f4ng, xem x\u00e9t c\u00e1c m\u00f4 h\u00ecnh l\u1ecbch s\u1eed, kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i thu nh\u1eadp v\u00e0 xu h\u01b0\u1edbng t\u0103ng tr\u01b0\u1edfng do AI th\u00fac \u0111\u1ea9y.<\/p>","protected":false},"author":1,"featured_media":9312,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[115],"tags":[673,672,674],"class_list":["post-9311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-geopolitical-risk-us-stocks","tag-us-stock-market-outlook-2026","tag-will-us-stocks-crash"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/comments?post=9311"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9311\/revisions"}],"predecessor-version":[{"id":9316,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9311\/revisions\/9316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media\/9312"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media?parent=9311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/categories?post=9311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/tags?post=9311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}