{"id":173756,"date":"2026-05-09T15:19:23","date_gmt":"2026-05-09T15:19:23","guid":{"rendered":"https:\/\/www.europesays.com\/ee\/173756\/"},"modified":"2026-05-09T15:19:23","modified_gmt":"2026-05-09T15:19:23","slug":"investorite-sonavarasse-on-taco-korvale-tulnud-ka-nacho-hormuzi-vaina-olukorda-vaadatakse-aina-murelikumalt-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ee\/173756\/","title":{"rendered":"Investorite s\u00f5navarasse on TACO k\u00f5rvale tulnud ka NACHO. Hormuzi v\u00e4ina olukorda vaadatakse aina murelikumalt"},"content":{"rendered":"

NACHO t\u00e4hendab lahti kirjutatuna \u201eNot A Chance Hormuz Opens\u201c. Ehk lihtsas t\u00f5lkes: \u201ePole mingit v\u00f5imalust, et Hormuzi v\u00e4in<\/a> avaneb.\u201c<\/p>\n

See \u00fcsna k\u00fc\u00fcniline akron\u00fc\u00fcm s\u00fcndis USA\u2013Iraani konflikti taustal ning on kiiresti muutunud Wall Streeti uueks turumantraks. Kui veel m\u00f5ni kuu tagasi uskusid investorid, et pinged L\u00e4his-Idas lahenevad kiiresti ja naftaturg stabiliseerub, siis n\u00fc\u00fcd hinnatakse \u00fcha enam v\u00f5imalust, et kriis venib pikaks ja m\u00f5jutab kogu maailmamajandust.<\/p>\n

Meenutame, et Hormuzi v\u00e4in pole lihtsalt j\u00e4rjekordne kitsas meretee. Sealt liigub l\u00e4bi ligi viiendik maailma meritsi transporditavast naftast ning m\u00e4rkimisv\u00e4\u00e4rne osa vedelgaasist. Lisaks on see v\u00e4ga oluline v\u00e4etise komponentide kanal. Alles n\u00fc\u00fcd saavad inimesed \u00fcle maailma aru, kui oluline see veeriba on – selle m\u00f5ju ulatub bensiinijaamadest kuni Euroopa t\u00f6\u00f6stuse ja lennupiletite hindadeni.<\/p>\n

Just seet\u00f5ttu on nafta hind viimastel p\u00e4evadel taas j\u00e4rsult t\u00f5usnud. Turud ei reageeri enam \u00fcksikutele raketir\u00fcnnakutele ega diplomaatilistele \u00e4hvardustele, vaid v\u00f5imalusele, et energiakriis<\/a> v\u00f5ib muutuda uueks normaalsuseks.<\/p>\n

V\u00f5itjad ja kaotajad<\/p>\n

NACHO-trade ei ole ametlik investeerimisstrateegia, vaid pigem turu kollektiivne meeleolu. Investorid ostavad energiatootjate aktsiaid, panustavad kallinevale naftale ning v\u00e4ldivad sektoreid, mis s\u00f5ltuvad odavast energiast. T\u00f5usu teevad naftafirmad, tankeriettev\u00f5tted ja LNG tootjad. Samal ajal on surve all lennufirmad, logistikaettev\u00f5tted ja Euroopa t\u00f6\u00f6stuskontsernid.<\/p>\n

Kuid NACHO m\u00f5ju ulatub energiaturust kaugemale. Kui energia kallineb, p\u00fcsib ka inflatsioon k\u00f5rgemal. See omakorda t\u00e4hendab, et keskpangad ei pruugi intresse langetada nii kiiresti, nagu investorid veel aasta alguses lootsid. Seet\u00f5ttu on uus Wall Streeti mantra tegelikult panus sellele, et kogu maailmamajandus siseneb taas kallima raha ja kallima energia perioodi.<\/p>\n

Olukorda muudab veel kummalisemaks see, et samal ajal pole aktsiaturud tervikuna kokku kukkunud. Tehnoloogia- ja AI-aktsiad j\u00e4tkavad t\u00f5usu ning osa investoritest k\u00e4itub justkui oleks korraga k\u00e4imas kaks t\u00e4iesti erinevat majandustsenaariumi: \u00fchelt poolt geopoliitiline energiakriis, teiselt poolt tehisintellekti eufooria.<\/p>\n

T\u00e4iesti uus m\u00f5tteviis<\/p>\n

Just see vastuolu ongi teinud NACHOst midagi enamat kui j\u00e4rjekordse Wall Streeti nalja. See v\u00e4ljendab investorite kasvavat tunnet, et maailm v\u00f5ib olla sisenemas ajastusse, kus kriisid ei l\u00f5pe enam kiiresti ning turud peavad \u00f5ppima elama pideva geopoliitilise pingega.<\/p>\n

Wall Street armastab selliseid l\u00fchendeid. Varem olid moes TINA (\u201eThere Is No Alternative\u201c), FOMO ja hiljuti ka TACO (\u201eTrump Always Chickens Out\u201c), mis viitas investorite usule, et Donald Trump taandub viimasel hetkel oma k\u00f5ige agressiivsematest \u00e4hvardustest. NACHO on aga m\u00e4rksa t\u00f5sisem s\u00f5num. Selle keskne idee on, et seekord ei pruugi keegi enam taganeda ega olukorda kiiresti kontrolli alla saada. See teeb turud n\u00e4rviliseks.<\/p>\n

Kuidas see lugu Sind end tundma pani? Saada Kommenteeri <\/a> Loe kommentaare (10)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"NACHO t\u00e4hendab lahti kirjutatuna \u201eNot A Chance Hormuz Opens\u201c. Ehk lihtsas t\u00f5lkes: \u201ePole mingit v\u00f5imalust, et Hormuzi v\u00e4in…\n","protected":false},"author":2,"featured_media":173105,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[26,27,37,33,35,20163,34,36,31,32,21,46527,28,29,13969,19,25,23,24,22,20,30,6819],"class_list":{"0":"post-173756","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eesti","8":"tag-breaking-news","9":"tag-breakingnews","10":"tag-ee","11":"tag-eesti","12":"tag-eesti-keel","13":"tag-energiakriis","14":"tag-estonia","15":"tag-estonian","16":"tag-featured-news","17":"tag-featurednews","18":"tag-headlines","19":"tag-hormuzi-vain","20":"tag-latest-news","21":"tag-latestnews","22":"tag-naftahind","23":"tag-news","24":"tag-populaarseimad-lood","25":"tag-top-stories","26":"tag-topstories","27":"tag-uldised-uudised","28":"tag-uudised","29":"tag-viimased-uudised","30":"tag-wall-street"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ee\/116545294479263128","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/posts\/173756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/comments?post=173756"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/posts\/173756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/media\/173105"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/media?parent=173756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/categories?post=173756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ee\/wp-json\/wp\/v2\/tags?post=173756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}