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总结
《卫报》等媒体在展望2026年全球经济时指出，过去一年在增长与通胀之间呈现不寻常的拉扯，进入新一年需重点关注AI热潮是否出现泡沫与回调，以及其对股市估值与企业融资情绪的影响。与此同时，若全球增长意外走强，通胀风险可能再度抬头，促使美联储在降息路径上更谨慎甚至维持高利率，从而牵动债券收益率、美元与大宗商品价格，并使美国经济前景面临更多不确定性。
正文
From the AI bubble to Fed fears: the global economic outlook for 2026 The Guardian Last year's odd economy in five charts, and what to watch for in 2026 AP News Stronger Global Growth Could Reignite Inflation Risks in 2026 Barron's Profiting From 3 Dismal Trends In 2026 Seeking Alpha The U.S. economy is facing no shortage of worries as it heads into 2026 MarketWatch
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