Aaron Back

2 weeks ago | cn.wsj.com | Aaron Back

黄金再次证明了自己作为应对金融动荡对冲工具的价值。但黄金的光芒也可能很快被另一种不那么受青睐的白银盖过。黄金再次证明了自己作为应对金融动荡对冲工具的价值。如果以史为鉴，那么金价这波涨势可能还有进一步上行空间。但黄金的光芒也可能很快被另一种不那么受青睐的贵金属盖过。黄金在投资界是一个有争议的话题，既有热情的拥护者，也不乏批评者。但冷静回顾历史记录可以得出这样一个明确的结论：虽然从长远来看，黄金的表现远逊于股票，但在市况不佳时，黄金也容易持续跑赢股票。白银的涨势也往往会在滞后一段时间后跟随黄金。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8立即订阅 热门文章热门视频

2 weeks ago | jp.wsj.com | Aaron Back

銀は金に遅れて上昇する傾向がある　金（ゴールド）はまたしても金融市場の混乱に対するヘッジとしての真価を発揮した。過去の例を見れば、上昇余地はまだあるかもしれない。だが金は間もなく、人気ではそれよりも劣る別の貴金属に輝きを奪われる可能性がある。　金を巡っては投資家の間で議論が絶えず、熱烈な支持者もいれば、価値を認めない向きもいる。しかし、過去のデータを冷静に見れば明確な結論が導き出される。金は超長期的には株式のリターンを大きく下回るものの、事態が悪化すると長期にわたって株式を上回る傾向がある。金に遅れながらも、銀も上昇することが多い。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8ウォール・ストリート・ジャーナル日本版今すぐ購読する Special Advertising Section アクセスランキング

2 weeks ago | wsj.com | Aaron Back

History suggests silver could follow gold’s riseGold has once again proven its mettle as a hedge against financial chaos. If history is any guide, the gains may have room to run further. But they could also soon be outshined by that other, less-adored precious metal. The yellow metal is a contentious subject in the investment community, with passionate advocates and detractors alike.

1 month ago | wsj.com | Aaron Back

The so-called narrowing of the Trump Administration’s tariffs plans for April 2 raises more questions than answers. It could even be a net negative for the economy. Markets are rallying Monday after Bloomberg and The Wall Street Journal reported over the weekend that the administration’s thinking on tariffs had shifted somewhat.

2 months ago | wsj.com | Aaron Back

It is perhaps unsurprising for investors that consumer sentiment has weakened sharply in recent weeks. Nonetheless, the preliminary March readings of the University of Michigan’s consumer survey raise multiple concerns. The headline consumer-sentiment reading fell sharply to 57.9, from 64.7 in February. That isn’t a shock given all the tariff headlines and stock selloffs lately. Markets didn’t react much early Friday, with equities still rebounding from Thursday’s losses.