{"id":14198,"date":"2020-09-07T10:29:47","date_gmt":"2020-09-07T02:29:47","guid":{"rendered":"https:\/\/\/?p=14198"},"modified":"2021-06-01T15:59:13","modified_gmt":"2021-06-01T07:59:13","slug":"what-merrill-lynch-investment-clock","status":"publish","type":"post","link":"https:\/\/\/what-merrill-lynch-investment-clock\/","title":{"rendered":"\u4ec0\u9ebc\u662f\u7f8e\u6797\u6295\u8cc7\u6642\u9418\uff1f(Merrill Lynch Investment Clock)\u5982\u4f55\u89c0\u5bdf\u666f\u6c23\u5faa\u74b0\u8abf\u6574\u8cc7\u7522\u914d\u7f6e\uff1f"},"content":{"rendered":"<!-- \/367108978\/Rich01_PC_up_728x90 -->\n\t<div class='div-gpt-ad-css' id='div-gpt-ad-1564472272479-0' style='width: 728px; height: 90px;'>\n\t  <script>\n\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1564472272479-0'); });\n\t  <\/script>\n\t<\/div><p><img decoding=\"async\" class=\"alignnone size-full wp-image-14199\" src=/index.html"https:\/\/\/wp-content\/uploads\/20200823164048_97.jpg\" alt=\"\u4ec0\u9ebc\u662f\u7f8e\u6797\u6295\u8cc7\u6642\u9418(Merrill Lynch Investment Clock)\uff1f\u5982\u4f55\u628a\u63e1\u666f\u6c23\u5faa\u74b0\u8abf\u6574\u8cc7\u7522\u914d\u7f6e\" width=\"960\" height=\"502\" \/><\/p>\n<p>\u7f8e\u6797\u8b49\u5238(Merrill Lynch)\u5275\u8fa6\u65bc1914\u5e74\uff0c\u66fe\u662f\u4e16\u754c\u6700\u5927\u7684\u8b49\u5238\u96f6\u552e\u5546\u8ddf\u6295\u8cc7\u9280\u884c\u4e4b\u4e00\uff0c\u7e3d\u90e8\u8a2d\u65bc\u7d10\u7d04\uff0c\u57282008\u5e74\u6642\u88ab\u7f8e\u570b\u9280\u884c\u4f75\u8cfc\u3002<\/p>\n<p>\u7f8e\u6797\u57282004\u5e74\u63d0\u51fa\u7684\u300c\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u300d(The Investment Clock)\u7406\u8ad6\uff0c<br \/>\n\u81f3\u4eca\u5df2\u7d93\u8d85\u904e10\u5e7e\u5e74\uff0c\u4f46\u4ecd\u662f\u5168\u7403\u5ee3\u70ba\u6d41\u50b3\u3001\u5f71\u97ff\u529b\u5de8\u5927\u7684\u6295\u8cc7\u7406\u8ad6\u4e4b\u4e00\u3002<\/p>\n<p>\u9019\u7bc7\u6587\u7ae0\u5e02\u5834\u5148\u751f\u4ecb\u7d39\u4ec0\u9ebc\u662f\u7f8e\u6797\u6295\u8cc7\u6642\u9418\uff0c\u5206\u70ba\u4ee5\u4e0b\u5e7e\u500b\u90e8\u5206\uff1a<\/p>\n<ol>\n<li><span style=\"font-size: 16px;\">\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u662f\u4ec0\u9ebc(Merrill Lynch Investment Clock)\uff1f<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u7f8e\u6797\u6295\u8cc7\u6642\u9418 \u7d93\u6fdf\u5faa\u74b0\u56db\u968e\u6bb5<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u7684\u56de\u6e2c\u7d50\u679c<\/span><\/li>\n<\/ol>\n<p><!--more--><\/p>\n<h2>\u7f8e\u6797\u6295\u8cc7\u6642\u9418(Merrill Lynch Investment Clock)\u662f\u4ec0\u9ebc\uff1f<\/h2>\n<p>\u7f8e\u6797\u6295\u8cc7\u6642\u9418(\u4e5f\u6709\u4e9b\u4eba\u7c21\u7a31 \u7f8e\u6797\u9418)\u662f\u4e00\u7a2e\u628a\u7d93\u6fdf\u9031\u671f\u3001\u8cc7\u7522\u53ca\u884c\u696d\u8f2a\u52d5\u4e32\u9023\u8d77\u4f86\u7684\u6295\u8cc7\u7406\u8ad6\uff0c<br \/>\n\u7531\u7f8e\u6797\u8b49\u5238\u65bc2004\u5e74\u767c\u8868\uff0c\u7814\u7a76\u5718\u968a\u752830\u591a\u5e74\u7684\u6578\u64da\u505a\u56de\u6e2c\uff0c<br \/>\n\u544a\u8a34\u6295\u8cc7\u4eba\u5728\u4e0d\u540c\u7684\u7d93\u6fdf\u9031\u671f\uff0c\u8cc7\u7522\u914d\u7f6e\u4e0d\u61c9\u8a72\u4e00\u6210\u4e0d\u8b8a\u3002<\/p>\n<p>\u8a72\u7406\u8ad6\u7528<a href=/index.html"https:\/\/\/what-is-gdp-vs-gnp\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u7d93\u6fdf\u6210\u9577\u7387(GDP)<\/a>\u53ca<a href=/index.html"https:\/\/\/blog-post_17-8\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u901a\u8ca8\u81a8\u8139\u7387(CPI)<\/a>\u4f86\u6c7a\u5b9a\u7d93\u6fdf\u9031\u671f\uff0c<br \/>\n\u5206\u70ba \u901a\u8ca8\u518d\u81a8\u8139(reflation)\u3001\u5fa9\u7526(recovery)\u3001\u904e\u71b1(overheat)\u3001\u6eef\u8139(stagflation) \u56db\u500b\u9031\u671f\u3002<\/p>\n<p>\u5728\u4e00\u500b\u5b8c\u6574\u7684\u9031\u671f\u7576\u4e2d\uff0c\u5404\u968e\u6bb5\u8868\u73fe\u6700\u597d(\u5831\u916c\/\u98a8\u96aa \u6700\u4f73)\u7684\u8cc7\u7522\u4e0d\u540c\uff0c<br \/>\n\u5047\u5982\u5faa\u74b0\u5f9e\u901a\u8ca8\u518d\u81a8\u8139reflation\u968e\u6bb5\u958b\u59cb\uff0c\u9996\u5148\u662f\u50b5\u5238\u7684\u6536\u76ca\u6700\u597d\uff0c\u63a5\u8457\u662f\u80a1\u7968\u3001\u7136\u5f8c\u662f\u5927\u5b97\u5546\u54c1\u3001\u6700\u5f8c\u5247\u662f\u73fe\u91d1\u3002<\/p>\n<p>\u56de\u6e2c\u7684\u7d50\u679c\u986f\u793a\uff0c\u96d6\u7136\u5404\u500b\u7d93\u6fdf\u9031\u671f\u6709\u4e0d\u540c\u7684\u7279\u6027\uff0c<br \/>\n\u4f46\u662f\u90fd\u5b58\u5728\u4e00\u5b9a\u7684\u5171\u901a\u6027\uff0c\u800c\u6295\u8cc7\u8005\u53ef\u4ee5\u7528\u9019\u4e9b\u5171\u901a\u6027\u4f86\u63d0\u5347\u5831\u916c\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-14200\" src=/index.html"https:\/\/\/wp-content\/uploads\/20200823165235_88.jpg\" alt=\"\u7f8e\u6797\u6295\u8cc7\u6642\u9418\" width=\"602\" height=\"536\" \/><\/p>\n<h2>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u7684\u7d93\u6fdf\u5faa\u74b0\u56db\u968e\u6bb5<\/h2>\n<p>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5c07\u7d93\u6fdf\u5206\u70ba\u56db\u500b\u968e\u6bb5\uff1a\u901a\u8ca8\u518d\u81a8\u8139\u3001\u5fa9\u7526\u3001\u904e\u71b1\u3001\u6eef\u8139\uff0c<br \/>\n\u6c7a\u5b9a\u56db\u500b\u968e\u6bb5\u7684\u91cd\u8981\u62d0\u9ede\u662f\u900f\u904e\u7d93\u6fdf\u6210\u9577\u548c\u901a\u81a8\u8b8a\u52d5\u7684\u65b9\u5411\u4f86\u6c7a\u5b9a\u3002<\/p>\n<p>\u901a\u5e38\u901a\u81a8\u7684\u8b8a\u52d5\u6703\u767c\u751f\u5728\u7d93\u6fdf\u6210\u9577\u4e4b\u5f8c\uff0c\u56e0\u70ba\u53ea\u6709\u7576\u5269\u9918\u7684\u751f\u7522\u529b\u5168\u90e8\u88ab\u4f7f\u7528\u5f8c\uff0c<br \/>\n\u901a\u81a8\u624d\u6703\u958b\u59cb\u767c\u751f\uff0c\u5728\u6bcf\u500b\u968e\u6bb5\u90fd\u5c0d\u61c9\u8457\u8868\u73fe\u8d85\u8d8a\u5927\u76e4\u7684\u8cc7\u7522\u985e\u5225\uff1a\u50b5\u5238\u3001\u80a1\u7968\u3001\u5927\u5b97\u5546\u54c1\u3001\u73fe\u91d1\u3002<\/p>\n<p>\u9996\u5148\u8981\u4f86\u8a8d\u8b584\u968e\u6bb5\u662f\u4ec0\u9ebc\uff0c\u7406\u89e3\u4ed6\u5011\u7684\u9032\u7a0b\u4ee5\u53ca\u9806\u5e8f\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-14201\" src=/index.html"https:\/\/\/wp-content\/uploads\/20200823165324_70.jpg\" alt=\"\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u7d93\u6fdf\u5faa\u74b0\u56db\u968e\u6bb5\" width=\"599\" height=\"455\" \/><\/p>\n<p><strong>1. \u901a\u8ca8\u518d\u81a8\u8139(reflation)<\/strong>\uff1a<\/p>\n<p>\u901a\u8ca8\u518d\u81a8\u8139\u662f\u6307\u653f\u5e9c\u64f4\u5927\u7522\u51fa\u3001\u523a\u6fc0\u6d88\u8cbb\u4e26\u6291\u5236\u901a\u8ca8\u7dca\u7e2e\u7684\u8ca1\u653f\u6216\u8ca8\u5e63\u653f\u7b56\uff0c<br \/>\n\u9019\u901a\u5e38\u767c\u751f\u5728\u4e00\u6bb5\u6642\u9593\u7684\u7d93\u6fdf\u4e0d\u78ba\u5b9a\u6216\u662f\u8870\u9000\u6642\uff0c\u5728\u9019\u500b\u968e\u6bb5\u7d93\u6fdf\u6210\u9577\u505c\u6eef\uff0c<br \/>\n\u904e\u5269\u7684\u751f\u7522\u529b\u53ca\u4e0b\u8dcc\u7684\u5927\u5b97\u7522\u54c1\u4f7f\u5f97\u901a\u81a8\u7387\u66f4\u4f4e\uff0c\u4f01\u696d\u7684\u7372\u5229\u4e0d\u4f73\u4e14\u5be6\u969b\u6536\u76ca\u4e0b\u964d\uff0c<br \/>\n\u592e\u884c\u964d\u4f4e\u77ed\u671f\u5229\u7387\u4f86\u523a\u6fc0\u7d93\u6fdf\u3002\u6b64\u6642<strong>\u50b5\u5238\u662f\u6700\u4f73\u9078\u64c7\u3002<\/strong><\/p>\n<p><strong>\u00a02. <\/strong><strong>\u5fa9\u7526(recovery)\uff1a<\/strong><\/p>\n<p>\u5728\u9019\u500b\u968e\u6bb5\uff0c\u5bec\u9b06\u7684\u653f\u7b56\u8d77\u4e86\u4f5c\u7528\uff0c<a href=/index.html"https:\/\/\/what-is-gdp-vs-gnp\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">GDP<\/a>\u6210\u9577\u52a0\u901f\uff0c\u7136\u800c\u901a\u81a8\u7387\u6301\u7e8c\u4e0b\u964d\uff0c<br \/>\n\u56e0\u70ba\u904e\u5269\u7684\u751f\u7522\u529b\u5c1a\u672a\u88ab\u4f7f\u7528\u5b8c\u3002\u4f01\u696d\u7372\u5229\u5927\u5e45\u4e0a\u5347\uff0c\u4f46\u592e\u884c\u4ecd\u4fdd\u6301\u8ca8\u5e63\u5bec\u9b06\u653f\u7b56\uff0c<br \/>\n\u50b5\u5238\u7684\u6b96\u5229\u7387\u4ecd\u4f4e\u3002\u6b64\u6642<strong>\u80a1\u7968\u662f\u6700\u4f73\u9078\u64c7<\/strong>\u3002<\/p>\n<p><strong>3. \u904e\u71b1(overheat)<\/strong>\uff1a<\/p>\n<p>\u5728\u9019\u500b\u968e\u6bb5\uff0c\u4f01\u696d\u7522\u80fd\u6210\u9577\u8da8\u7de9\uff0c\u958b\u59cb\u9762\u81e8\u7522\u80fd\u7684\u9650\u5236\uff0c\u901a\u81a8\u9010\u6f38\u589e\u6eab\uff0c<br \/>\n\u592e\u884c\u5347\u606f\u4ee5\u8abf\u63a7\u7d93\u6fdf\uff0c\u4f46GDP\u6210\u9577\u7387\u4ecd\u5728\u8da8\u52e2\u7dda\u4e4b\u4e0a\u3002<br \/>\n\u50b5\u5238\u7684\u8868\u73fe\u4e0d\u4f73\uff0c\u80a1\u7968\u7684\u6295\u5831\u7387\u53d6\u6c7a\u65bc\u7372\u5229\u7684\u589e\u9577\u53ca\u4f30\u503c\u8a55\u7d1a\u3002<br \/>\n\u6b64\u6642<strong>\u5927\u5b97\u5546\u54c1\u662f\u6700\u4f73\u9078\u64c7<\/strong>\u3002<\/p>\n<p><strong>4. \u6eef\u8139(stagflation)\uff1a<\/strong><\/p>\n<p>\u5728\u9019\u500b\u968e\u6bb5\uff0cGDP\u6210\u9577\u7387\u964d\u5230\u8da8\u52e2\u7dda\u4e0b\uff0c\u4f46\u662f\u901a\u81a8\u537b\u6301\u7e8c\u4e0a\u5347\uff0c<br \/>\n\u901a\u5e38\u9019\u7a2e\u72c0\u6cc1\u90e8\u5206\u539f\u56e0\u662f\u6b78\u56e0\u65bc\u77f3\u6cb9\u5371\u6a5f\u3002<\/p>\n<p>\u4f01\u696d\u7522\u80fd\u4e0b\u6ed1\uff0c\u70ba\u4e86\u4fdd\u6301\u7372\u5229\u800c\u63d0\u9ad8\u7522\u54c1\u50f9\u683c\uff0c\u5c0e\u81f4\u5de5\u8cc7\u4e0a\u6f32\uff0c<br \/>\n\u53ea\u6709\u7576\u5931\u696d\u7387\u5927\u5e45\u63d0\u9ad8\u624d\u80fd\u6253\u7834\u9019\u500b\u50f5\u5c40\u3002\u7b49\u901a\u81a8\u5230\u9054\u9ad8\u9ede\u5411\u4e0b\u5f8c\uff0c<br \/>\n\u592e\u884c\u624d\u80fd\u9032\u4e00\u6b65\u63a1\u53d6\u5bec\u9b06\u653f\u7b56\uff0c\u9019\u5c31\u9650\u5236\u4e86\u50b5\u5238\u5e02\u5834\u7684\u56de\u6eab\u8173\u6b65\uff0c<br \/>\n\u800c\u4f01\u696d\u7372\u5229\u7684\u4e0b\u964d\u4e5f\u4f7f\u5f97\u80a1\u7968\u8868\u73fe\u4e0d\u4f73\u3002\u6b64\u6642<strong>\u73fe\u91d1\u662f\u6700\u4f73\u9078\u64c7<\/strong>\u3002<\/p>\n<p>\u7f8e\u6797\u7684\u6295\u8cc7\u6642\u9418\u5c07\u7d93\u6fdf\u9031\u671f\u7684\u56db\u500b\u968e\u6bb5\u8207\u8cc7\u7522\u548c\u884c\u696d\u8f2a\u52d5\u4e32\u806f\u8d77\u4f86\uff0c<br \/>\n\u8a72\u6a21\u578b\u4e3b\u5f35\u6295\u8cc7\u7b56\u7565\u4e3b\u8981\u53d6\u6c7a\u65bc\u7d93\u6fdf\u6210\u9577\u548c\u901a\u8ca8\u81a8\u8139\u6240\u8655\u7684\u968e\u6bb5\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-14202\" src=/index.html"https:\/\/\/wp-content\/uploads\/20200823165527_61.jpg\" alt=\"\u6295\u8cc7\u6642\u9418\uff1a\u4e00\u500b\u7d93\u5178\u7684\u300c\u7e41\u69ae-\u856d\u689d\u300d\u9031\u671f\u59cb\u65bc\u5de6\u4e0b\u65b9\uff0c\u6cbf\u9806\u6642\u91dd\u65b9\u5411\u767c\u5c55\u6bcf\u968e\u6bb5\u7684\u8b8a\u63db\u53ef\u4ee5\u900f\u904e\u300c\u7522\u51fa\u7f3a\u53e3\u300d\u53ca\u300c\u901a\u81a8\u300d\u7684\u9ad8\u4f4e\u9ede\u4f86\u8b58\u5225\" width=\"600\" height=\"457\" \/><\/p>\n<h2>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u7684\u56de\u6e2c\u7d50\u679c<\/h2>\n<p>\u7f8e\u6797\u7814\u7a76\u5718\u968a\u70ba\u4e86\u9a57\u8b49\u4ed6\u5011\u7684\u6a21\u578b\uff0c\u56de\u6e2c\u4e861973\/04\u81f32004\/07\u7684\u6b77\u53f2\u6578\u64da\uff0c\u671f\u9593\u8d85\u904e30\u5e74\u3002<br \/>\n\u5f9e\u4e0b\u5716\u53ef\u4ee5\u770b\u51fa\uff0c\u7d93\u6fdf\u9031\u671f\u78ba\u5be6\u5b58\u5728\u3002(\u56db\u7a2e\u4e0d\u540c\u984f\u8272\u5340\u584a\u4ee3\u8868\u56db\u500b\u4e0d\u540c\u7684\u7d93\u6fdf\u5faa\u74b0\u968e\u6bb5)<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-14203\" src=/index.html"https:\/\/\/wp-content\/uploads\/20200823165637_98.jpg\" alt=\"\u904e\u53bb30\u5e74\u7684\u6b77\u53f2\u6578\u64da\u56de\u6e2c\u7d50\u679c\u986f\u793a\uff0c\u7d93\u6fdf\u9031\u671f\u78ba\u5be6\u5b58\u5728\" width=\"600\" height=\"451\" \/><\/p>\n<p>\u56de\u6e2c\u7684\u7d50\u679c\u986f\u793a\uff0c\u5728\u4e0d\u540c\u7684\u7d93\u6fdf\u5faa\u74b0\u968e\u6bb5\uff0c\u5404\u7a2e\u8cc7\u7522\u985e\u5225\u6703\u6709\u4e0d\u540c\u7684\u8868\u73fe\uff0c\u7e3d\u7d50\u4f86\u8aaa\uff1a<\/p>\n<ol>\n<li><span style=\"font-size: 16px;\"><strong>\u901a\u8ca8\u518d\u81a8\u8139\u968e\u6bb5\uff1a\u50b5\u5238\u6700\u4f73\uff0c\u5927\u5b97\u5546\u54c1\u6700\u5dee<\/strong><\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u5fa9\u7526\u968e\u6bb5\uff1a\u80a1\u7968\u6700\u4f73\uff0c\u5927\u5b97\u5546\u54c1\u6700\u5dee<\/strong><\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u904e\u71b1\u968e\u6bb5\uff1a\u5927\u5b97\u5546\u54c1\u6700\u4f73\uff0c\u50b5\u5238\u6700\u5dee<\/strong><\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u6eef\u8139\u968e\u6bb5\uff1a\u73fe\u91d1\u6700\u4f73\uff0c\u80a1\u7968\u6700\u5dee<\/strong><\/span><\/li>\n<\/ol>\n<h3>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u56de\u6e2c\u7d50\u679c\uff1a\u5404\u968e\u6bb5\u8cc7\u7522\u985e\u5225\u6bd4\u8f03<\/h3>\n<p>\u56de\u6e2c\u8cc7\u6599\u6642\u9593\uff1a1973\/04-2004\/07<\/p>\n<ul>\n<li><span style=\"font-size: 16px;\"><strong>\u50b5\u5238\uff1a<\/strong>\u7f8e\u6797\u7f8e\u570b\u50b5\u5238\u6307\u6578<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u80a1\u7968\uff1a<\/strong>\u6a19\u666e500\u6307\u6578<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u5927\u5b97\u5546\u54c1\uff1a<\/strong>\u9ad8\u76db\u5546\u54c1\u5168\u6536\u76ca\u6307\u6578<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u73fe\u91d1\uff1a<\/strong>3\u6708\u671f\u7f8e\u570b\u570b\u5eab\u5238<\/span><\/li>\n<\/ul>\n<p>\u5404\u8cc7\u7522\u985e\u5225\u7684\u6536\u76ca\u7387\uff1a<\/p>\n<p><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td colspan=\"5\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5404\u8cc7\u7522\u985e\u5225\u7684\u6536\u76ca\u7387&quot;}\">\n<h3 style=\"text-align: center;\"><strong>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5404\u8cc7\u7522\u985e\u5225\u7684\u6536\u76ca\u7387<\/strong><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8cc7\u7522&quot;}\"><strong>\u8cc7\u7522<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u50b5\u5238&quot;}\"><strong>\u50b5\u5238<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u80a1\u7968&quot;}\"><strong>\u80a1\u7968<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5927\u5b97\u5546\u54c1&quot;}\"><strong>\u5927\u5b97\u5546\u54c1<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u73fe\u91d1&quot;}\"><strong>\u73fe\u91d1<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u901a\u8ca8\u518d\u81a8\u8139&quot;}\">\u901a\u8ca8\u518d\u81a8\u8139<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:9.8}\"><span style=\"color: #ff0000;\">9.8<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:6.4}\">6.4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-11.9}\">-11.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:3.3}\">3.3<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5fa9\u7526&quot;}\">\u5fa9\u7526<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:7}\">7<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:19.9}\"><span style=\"color: #ff0000;\">19.9<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-7.9}\">-7.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:2.1}\">2.1<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u904e\u71b1&quot;}\">\u904e\u71b1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.2}\">0.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:6}\">6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:19.7}\"><span style=\"color: #ff0000;\">19.7<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.2}\">1.2<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6eef\u8139&quot;}\">\u6eef\u8139<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-1.9}\">-1.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-11.7}\">-11.7<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:28.6}\">28.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.3}\"><span style=\"color: #ff0000;\">-0.3<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6536\u76ca&quot;}\"><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:3.5}\">3.5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:6.1}\">6.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:5.8}\">5.8<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.5}\">1.5<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8aaa\u660e\uff1a\u5728\u6eef\u8139\u671f\u9593\uff0c\u5927\u5b97\u5546\u54c1\u670928.6%\u7684\u9ad8\u6536\u76ca\u7387\u4e3b\u8981\u662f\u53cd\u6620\u4e861970\u5e74\u4ee3\u7684\u77f3\u6cb9\u5371\u6a5f\uff0c\u4f46\u6392\u9664\u77f3\u6cb9\u7684\u50f9\u683c\u4e0a\u6f32\uff0c\u5176\u4ed6\u5927\u5b97\u5546\u54c1\u7684\u50f9\u683c\u662f\u4e0b\u6ed1\u7684\u3002\\r&quot;}\"><span style=\"font-size: 14px;\">\u8aaa\u660e\uff1a\u5728\u6eef\u8139\u671f\u9593\uff0c\u5927\u5b97\u5546\u54c1\u670928.6%\u7684\u9ad8\u6536\u76ca\u7387\u4e3b\u8981\u662f\u53cd\u6620\u4e861970\u5e74\u4ee3\u7684\u77f3\u6cb9\u5371\u6a5f\uff0c\u4f46\u6392\u9664\u77f3\u6cb9\u7684\u50f9\u683c\u4e0a\u6f32\uff0c\u5176\u4ed6\u5927\u5b97\u5546\u54c1\u7684\u50f9\u683c\u662f\u4e0b\u6ed1\u7684\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;\" colspan=\"5\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8cc7\u6599\u4f86\u6e90\uff1a\u7f8e\u6797\u8cc7\u7522\u914d\u7f6e\u5c0f\u7d44\uff0c\u5e02\u5834\u5148\u751f\u5718\u968a\u6574\u7406&quot;}\"><span style=\"font-size: 14px;\">\u8cc7\u6599\u4f86\u6e90\uff1a\u7f8e\u6797\u8cc7\u7522\u914d\u7f6e\u5c0f\u7d44\uff0c\u5e02\u5834\u5148\u751f\u5718\u968a\u6574\u7406<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u6b64\u5916\uff0c\u7814\u7a76\u5718\u968a\u4e5f\u9032\u884c\u4e86\u4e0d\u540c\u884c\u696d\u7684\u56de\u6e2c\uff0c\u7d50\u679c\u986f\u793a\u5728\u4e0d\u540c\u7684\u7d93\u6fdf\u5faa\u74b0\u968e\u6bb5\uff0c<br \/>\n\u5404\u884c\u696d\u5225\u6703\u6709\u4e0d\u540c\u7684\u8868\u73fe\uff0c\u7e3d\u7d50\u4f86\u8aaa\uff1a<\/p>\n<ol>\n<li><span style=\"font-size: 16px;\"><strong>\u901a\u8ca8\u518d\u81a8\u8139\u968e\u6bb5\uff1a\u6d88\u8cbb\u54c1\u3001\u91d1\u878d\u53ca\u91ab\u85e5\u8f03\u4f73\uff0c\u80fd\u6e90\u3001\u96fb\u4fe1\u8f03\u5dee<\/strong><\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u5fa9\u7526\u968e\u6bb5\uff1a\u96fb\u4fe1\u3001\u79d1\u6280\u3001\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1\u8f03\u4f73\uff0c\u91ab\u85e5\u3001\u80fd\u6e90\u8f03\u5dee<\/strong><\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u904e\u71b1\u968e\u6bb5\uff1a\u5de5\u696d\u3001\u79d1\u6280\u3001\u80fd\u6e90\u8f03\u4f73\uff0c\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1\u3001\u6750\u6599\u8f03\u5dee<\/strong><\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u6eef\u8139\u968e\u6bb5\uff1a\u91ab\u85e5\u3001\u516c\u7528\u4e8b\u696d\u3001\u80fd\u6e90\u8f03\u4f73\uff0c\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1\u3001\u79d1\u6280\u8f03\u5dee<\/strong><\/span><\/li>\n<\/ol>\n<h3><b>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u56de\u6e2c\u7d50\u679c\uff1a\u884c\u696d\u6536\u76ca\u6bd4\u8f03<\/b><\/h3>\n<p>\u56de\u6e2c\u8cc7\u6599\u6642\u9593\uff1a1973\/04-2004\/07<\/p>\n<p>\u5404\u884c\u696d\u7684\u6536\u76ca\u7387\uff1a<\/p>\n<p><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"147\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td colspan=\"5\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5404\u884c\u696d\u7684\u6536\u76ca\u7387&quot;}\">\n<h3 style=\"text-align: center;\"><strong>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5404\u884c\u696d\u7684\u6536\u76ca\u7387<\/strong><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8cc7\u7522&quot;}\"><strong>\u884c\u696d<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u901a\u8ca8\u518d\u81a8\u8139&quot;}\"><strong>\u901a\u8ca8\u518d\u81a8\u8139<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5fa9\u7526&quot;}\"><strong>\u5fa9\u7526<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u904e\u71b1&quot;}\"><strong>\u904e\u71b1<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6eef\u8139&quot;}\"><strong>\u6eef\u8139<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5fc5\u9700\u6d88\u8cbb\u54c1&quot;}\">\u5fc5\u9700\u6d88\u8cbb\u54c1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:13.3}\"><span style=\"color: #ff0000;\">13.3<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-3.1}\">-3.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.1}\">1.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:2.5}\">2.5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u91d1\u878d&quot;}\">\u91d1\u878d<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:11}\"><span style=\"color: #ff0000;\">11<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.4}\">1.4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-1.8}\">-1.8<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1.6}\">1.6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1&quot;}\">\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:8.9}\"><span style=\"color: #ff0000;\">8.9<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:3.8}\"><span style=\"color: #ff0000;\">3.8<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-5.8}\">-5.8<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-8.9}\">-8.9<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u91ab\u85e5&quot;}\">\u91ab\u85e5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:5.6}\">5.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.5}\">-4.5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:2.9}\">2.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:11.6}\"><span style=\"color: #ff0000;\">11.6<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6750\u6599&quot;}\">\u6750\u6599<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.5}\">0.5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-2.4}\">-2.4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-3.6}\">-3.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:2.1}\">2.1<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5de5\u696d&quot;}\">\u5de5\u696d<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.5}\">-4.5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.4}\">-0.4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:4.3}\"><span style=\"color: #ff0000;\">4.3<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:2.1}\">2.1<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u79d1\u6280&quot;}\">\u79d1\u6280<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.6}\">-4.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:3.3}\"><span style=\"color: #ff0000;\">3.3<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:4.7}\"><span style=\"color: #ff0000;\">4.7<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-12.5}\">-12.5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u516c\u7528\u4e8b\u696d&quot;}\">\u516c\u7528\u4e8b\u696d<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.7}\">-4.7<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-3.1}\">-3.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-3.2}\">-3.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:6.4}\"><span style=\"color: #ff0000;\">6.4<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u96fb\u4fe1&quot;}\">\u96fb\u4fe1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-10.2}\">-10.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:3.7}\"><span style=\"color: #ff0000;\">3.7<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.9}\">-0.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0}\">0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u80fd\u6e90&quot;}\">\u80fd\u6e90<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-12.8}\">-12.8<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-4.4}\">-4.4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:4.2}\"><span style=\"color: #ff0000;\">4.2<\/span><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:14.7}\"><span style=\"color: #ff0000;\">14.7<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;\" colspan=\"5\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8cc7\u6599\u4f86\u6e90\uff1a\u7f8e\u6797\u8cc7\u7522\u914d\u7f6e\u5c0f\u7d44\uff0c\u5e02\u5834\u5148\u751f\u5718\u968a\u6574\u7406&quot;}\"><span style=\"font-size: 14px;\">\u8cc7\u6599\u4f86\u6e90\uff1a\u7f8e\u6797\u8cc7\u7522\u914d\u7f6e\u5c0f\u7d44\uff0c\u5e02\u5834\u5148\u751f\u5718\u968a\u6574\u7406<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p>\u5e02\u5834\u5148\u751f\u63d0\u793a\uff1a\u4e5f\u6709\u90e8\u5206\u5c08\u5bb6\u5c0d\u65bc\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u6301\u53cd\u5411\u610f\u898b\u3002<\/p>\n<p>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u906d\u53d7\u6700\u5927\u7684\u6279\u8a55\u5c31\u662f\u7576\u7d93\u6fdf\u906d\u53d7\u5916\u90e8\u885d\u64ca\u6642\uff0c\u6240\u9810\u671f\u7684\u666f\u6c23\u5faa\u74b0\u5c31\u6703\u5931\u9748\uff0c\u7522\u751f\u8df3\u8e8d\u6216\u56de\u64fa\u7684\u72c0\u6cc1\uff0c\u4f8b\u59822008\u5e74\u91d1\u878d\u5371\u6a5f\u5f8c\uff0c\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u7684\u8cc7\u7522\u8f2a\u52d5\u6a21\u5f0f\u88ab\u6253\u4e82\uff0c\u57282009\u5e74\u521d\u89f8\u5e95\u5f8c\uff0c\u7f8e\u570b\u91d1\u878d\u5e02\u5834\u51fa\u73fe\u4e00\u6ce2\u9577\u671f\u7684\u80a1\u50b5\u96d9\u725b\u5c40\u52e2\uff0c\u4e14\u65bc\u6b64\u540c\u6642\uff0c\u5373\u4f7f\u7f8e\u570b\u7d93\u6fdf\u7531\u5fa9\u7526\u8d70\u5411\u5f37\u52c1\uff0c\u5927\u5b97\u5546\u54c1\u4ecd\u4e0d\u898b\u56de\u6696\u8a0a\u865f\u3002<br \/>\n2020\u5e74\u7a81\u5982\u5176\u4f86\u7684\u65b0\u51a0\u80ba\u708e\u4e5f\u5c07\u539f\u672c\u9032\u5165\u5fa9\u7526\u671f\u7684\u7d93\u6fdf\u53c8\u6253\u56de\u8870\u9000\uff0c\u4f46\u537b\u56e0\u70ba\u5404\u570b\u653f\u5e9c\u72c2\u6492\u71b1\u9322\uff0c\u8b93\u80a1\u5e02\u5448\u73fe\u975e\u7406\u6027\u6210\u9577\uff0c\u540c\u6642\u91d1\u50f9\u4e5f\u5275\u4e86\u6b77\u53f2\u65b0\u9ad8\uff0c\u9019\u4e9b\u90fd\u662f\u6c92\u6709\u8ddf\u8457\u6295\u8cc7\u6642\u9418\u7684\u65b9\u5411\u8d70\uff0c\u7121\u6cd5\u9810\u671f\u3002<br \/>\n\u63db\u53e5\u8a71\u8aaa\uff0c\u771f\u5be6\u7684\u7d93\u6fdf\u9031\u671f\u4e26\u975e\u6309\u7167\u968e\u6bb51234\u6309\u9806\u5e8f\u9032\u884c\uff0c\u800c\u662f\u6709\u6642\u6703\u8655\u65bc\u6a21\u7cca\u6216\u5012\u9000\u7684\u72c0\u614b\u3002<\/p><\/blockquote>\n<h2>\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u662f\u4ec0\u9ebc\uff1f<\/h2>\n<p>1. \u7f8e\u6797\u6295\u8cc7\u6642\u9418\u544a\u8a34\u6211\u5011\uff0c\u7d93\u6fdf\u9031\u671f\u78ba\u5be6\u5b58\u5728\uff0c\u4e14\u5404\u7d93\u6fdf\u9031\u671f\u5f37\u5f31\u7684\u7522\u696d\u4e0d\u540c\uff0c\u5404\u968e\u6bb5\u91cd\u9ede\u6574\u7406\u5982\u4e0b\uff1a<\/p>\n<p><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"163\" \/><\/colgroup>\n<tbody>\n<tr>\n<td colspan=\"6\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5404\u968e\u6bb5\u91cd\u9ede&quot;}\">\n<h3 style=\"text-align: center;\"><strong>\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u5404\u968e\u6bb5\u91cd\u9ede<\/strong><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u968e\u6bb5&quot;}\"><strong>\u968e\u6bb5<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7d93\u6fdf\u6210\u9577&quot;}\"><strong>\u7d93\u6fdf\u6210\u9577<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u901a\u8ca8\u81a8\u8139&quot;}\"><strong>\u901a\u8ca8\u81a8\u8139<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6700\u4f73\u8cc7\u7522\u985e\u5225&quot;}\"><strong>\u6700\u4f73\u8cc7\u7522\u985e\u5225<\/strong><\/td>\n<td style=\"text-align: center;\" colspan=\"2\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6700\u4f73\u884c\u696d\u985e\u5225&quot;}\"><strong>\u6700\u4f73\u884c\u696d\u985e\u5225<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u901a\u8ca8\u518d\u81a8\u8139&quot;}\">\u901a\u8ca8\u518d\u81a8\u8139<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2193&quot;}\">\u2193<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2193&quot;}\">\u2193<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u50b5\u5238&quot;}\">\u50b5\u5238<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u9632\u79a6\u6027\u6210\u9577\u578b\u80a1&quot;}\">\u9632\u79a6\u6027\u6210\u9577\u578b\u80a1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6d88\u8cbb\u54c1\u3001\u91d1\u878d\u3001\u91ab\u85e5&quot;}\">\u6d88\u8cbb\u54c1\u3001\u91d1\u878d\u3001\u91ab\u85e5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5fa9\u7526&quot;}\">\u5fa9\u7526<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2191&quot;}\">\u2191<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2193&quot;}\">\u2193<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u80a1\u7968&quot;}\">\u80a1\u7968<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u9031\u671f\u6027\u6210\u9577\u578b\u80a1&quot;}\">\u9031\u671f\u6027\u6210\u9577\u578b\u80a1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u96fb\u4fe1\u3001\u79d1\u6280\u3001\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1&quot;}\">\u96fb\u4fe1\u3001\u79d1\u6280\u3001\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u904e\u71b1&quot;}\">\u904e\u71b1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2191&quot;}\">\u2191<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2191&quot;}\">\u2191<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5927\u5b97\u5546\u54c1&quot;}\">\u5927\u5b97\u5546\u54c1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u9031\u671f\u6027\u50f9\u503c\u578b\u80a1&quot;}\">\u9031\u671f\u6027\u50f9\u503c\u578b\u80a1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u5de5\u696d\u3001\u79d1\u6280\u3001\u80fd\u6e90&quot;}\">\u5de5\u696d\u3001\u79d1\u6280\u3001\u80fd\u6e90<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6eef\u8139&quot;}\">\u6eef\u8139<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2193&quot;}\">\u2193<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u2191&quot;}\">\u2191<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u73fe\u91d1&quot;}\">\u73fe\u91d1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u9632\u79a6\u6027\u50f9\u503c\u578b\u80a1&quot;}\">\u9632\u79a6\u6027\u50f9\u503c\u578b\u80a1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u91ab\u85e5\u3001\u516c\u7528\u4e8b\u696d\u3001\u80fd\u6e90&quot;}\">\u91ab\u85e5\u3001\u516c\u7528\u4e8b\u696d\u3001\u80fd\u6e90<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;\" colspan=\"6\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8cc7\u6599\u6574\u7406\uff1aMr.Market\u5e02\u5834\u5148\u751f&quot;}\"><span style=\"font-size: 14px;\">\u8cc7\u6599\u6574\u7406\uff1aMr.Market\u5e02\u5834\u5148\u751f<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>2. \u7f8e\u6797\u6295\u8cc7\u6642\u9418\u7c21\u55ae\u6613\u61c2\uff0c\u4f46\u56e0\u70ba\u5b83\u662f\u4e8b\u5f8c\u56de\u9867\u770b\u6b77\u53f2\u6578\u64da\uff0c\u5f80\u5f80\u662f\u4e8b\u5f8c\u4e0b\u7d50\u8ad6\uff0c\u800c\u96e3\u4ee5\u7528\u4f86\u4e8b\u524d\u9810\u8b66\u3002<br \/>\n\u5c0d\u6295\u8cc7\u4eba\u4f86\u8aaa\uff0c\u6700\u96e3\u7684\u662f\u5224\u65b7\u76ee\u524d\u8655\u65bc\u54ea\u500b\u968e\u6bb5\u4ee5\u53ca\u5224\u65b7\u9031\u671f\u7684\u8f49\u6298\u9ede\uff0c\u800c\u7a81\u767c\u4e8b\u4ef6\u5f80\u5f80\u9084\u6703\u7834\u58de\u4e86\u539f\u672c\u5faa\u74b0\u7684\u6b21\u5e8f\u3002<\/p>\n<p>\u5373\u4f7f\u5982\u6b64\uff0c\u7f8e\u6797\u6295\u8cc7\u6642\u9418\u4ecd\u662f\u8cc7\u7522\u914d\u7f6e\u6642\u91cd\u8981\u7684\u53c3\u8003\u5de5\u5177\uff0c\u4e86\u89e3\u5176\u7cbe\u9ad3\u6703\u6709\u52a9\u65bc\u6295\u8cc7\u7684\u5224\u65b7\u3002<\/p>\n<p>\u5b83\u544a\u8a34\u6211\u5011\u6c92\u6709\u4efb\u4f55\u4e00\u7a2e\u8cc7\u7522\u985e\u5225\u662f\u6c38\u9060\u53ef\u4ee5\u7372\u5229\u7684\uff0c\u6240\u4ee5\u505a\u597d\u591a\u5143\u5316\u7684\u8cc7\u7522\u914d\u7f6e\u4ecd\u662f\u964d\u4f4e\u98a8\u96aa\u7684\u6700\u597d\u8fa6\u6cd5\u3002<\/p>\n<blockquote><p>\u5e02\u5834\u5148\u751f\u5c0d\u65bc\u666f\u6c23\u9031\u671f\u7684\u770b\u6cd5\uff1a<\/p>\n<p>\u6211\u89ba\u5f97\u6709\u500b\u5927\u524d\u63d0\u8981\u7406\u89e3\u518d\u65bc\uff0c\u666f\u6c23\u662f\u666f\u6c23\uff0c\u80a1\u50f9\u662f\u80a1\u50f9\u3002\u666f\u6c23\u53cd\u61c9\u73fe\u5728\u548c\u904e\u53bb\u7684\u7d93\u6fdf\uff0c\u4f46\u50f9\u683c\u5247\u662f\u53cd\u61c9\u672a\u4f86\u9810\u671f\u3002<br \/>\n\u7d93\u6fdf\u9031\u671f\u7684\u78ba\u5b58\u5728\uff0c\u4f46\u9019\u4e0d\u4ee3\u8868\u4eba\u5011\u7684\u9810\u671f\u6703\u8ddf\u7d93\u6fdf\u7684\u9031\u671f\u4e00\u81f4\uff0c<br \/>\n\u63db\u53e5\u8a71\u8aaa\uff0c\u50f9\u683c\u662f\u50f9\u683c\uff0c\u7d93\u6fdf\u9031\u671f\u662f\u7d93\u6fdf\u9031\u671f\uff0c\u5169\u8005\u6709\u95dc\uff0c\u4f46\u4e26\u975e\u7d55\u5c0d\u3002\u6c38\u9060\u8981\u8a18\u5f97\u4f60\u73fe\u5728\u662f\u5728\u770b\u7d93\u6fdf\uff0c\u9084\u662f\u5728\u770b\u50f9\u683c\uff0c\u9019\u662f\u5169\u56de\u4e8b\u3002<\/p>\n<p>\u6211\u662f\u8a8d\u540c\u7d93\u6fdf\u662f\u6709\u9031\u671f\u6027\uff0c\u4e5f\u8a8d\u540c\u50f9\u683c\u6709\u9031\u671f\u6027\u3002<br \/>\n\u4f46\u9019\u8ddf\u6211\u5011\u80fd\u6293\u5230\u5b83\u662f\u5169\u56de\u4e8b\uff0c\u6211\u5011\u4e5f\u8a31\u80fd\u7565\u70ba\u4e86\u89e3\u7d93\u6fdf\u7684\u5468\u671f\uff0c\u4f46\u6211\u5011\u5f88\u96e3\u628a\u63e1\u4eba\u5fc3\u5c0d\u672a\u4f86\u9810\u671f\u7684\u8b8a\u5316\u3002<\/p>\n<p>\u9019\u4e5f\u662f\u70ba\u4ec0\u9ebc\uff0c\u5728\u4e0d\u540c\u7d93\u6fdf\u9031\u671f\u770b\u6cd5\u6642\uff0c\u6211\u5011\u4e5f\u90fd\u53ea\u6703\u300c\u8abf\u6574\u8cc7\u7522\u914d\u7f6e\u300d\uff0c\u800c\u975e\u300c\u91cd\u62bc\u55ae\u4e00\u8cc7\u7522\u300d\uff0c<br \/>\n\u56e0\u70ba\uff0c\u90a3\u4e5f\u90fd\u53ea\u662f\u4e00\u7a2e\u731c\u6e2c\u6027\u8cea\u7684\u770b\u6cd5\u800c\u5df2\u3002<\/p>\n<p>\u6700\u5f8c\u5982\u679c\u9084\u4e0d\u719f\u8cc7\u7522\u914d\u7f6e\uff0c\u5efa\u8b70\u95b1\u8b80\u6587\u7ae0\uff1a<a href=/index.html"https:\/\/\/how-asset-allocation-1\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u4ec0\u9ebc\u662f\u8cc7\u7522\u914d\u7f6e\uff1f<\/a><\/p><\/blockquote>\n\n<p>\u984d\u5916\u5206\u4eab\u5e7e\u7bc7\u6587\u7ae0\uff1a<\/p>\n<p>1. <a href=/index.html"https:\/\/\/unconventional-success-book\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u6709\u4e00\u5957\u6700\u597d\u7684\u8cc7\u7522\u914d\u7f6e\u7b56\u7565\u55ce\uff1f<\/a><\/p>\n<p>2. <a href=/index.html"https:\/\/\/what-asset-rebalancing\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u8cc7\u7522\u914d\u7f6e\u518d\u5e73\u8861\u662f\u4ec0\u9ebc\uff1f\u8a72\u600e\u9ebc\u505a\uff1f<\/a><\/p>\n<p>3.\u00a0<a href=/index.html"https:\/\/\/us-stocks-broker-choose\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u7f8e\u80a1\u5238\u5546\u958b\u6236\u6bd4\u8f03(\u80a1\u7968ETF\u3001\u50b5\u5238ETF)<\/a><\/p>\n<p>4.\u00a0<a href=/index.html"https:\/\/\/fund-cnyes-mrmarket\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u57fa\u91d1\u958b\u6236\u300b\u6700\u65b0\u624b\u7e8c\u8cbb\u512a\u60e0\u63a8\u85a6<\/a><\/p>\n<p>5.\u00a0<a href=/index.html"https:\/\/\/fund-cnyes-mrmarket\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u53f0\u80a1\u80a1\u7968\/ETF\u300b\u6700\u65b0\u958b\u6236\u5238\u5546\u512a\u60e0\u63a8\u85a6<\/a><\/p>\n\u5c08\u6b04\u4f5c\u8005\uff1a\u725f\u5747\u4fde\u3000\u4e3b\u7de8\uff1a\u5e02\u5834\u5148\u751f\n<p><strong><span style=\"font-size: 20px;\">\u52a0\u5165\u5e02\u5834\u5148\u751fFB\u793e\u5718\uff0c\u5145\u5be6\u66f4\u591a\u7406\u8ca1\u597d\u77e5\u8b58<\/span><\/strong><\/p>\r\n<p>50\u6b72\u4e4b\u524d\u60f3\u9000\u4f11\u4e00\u5b9a\u8981\u61c2\u7406\u8ca1\uff0c<br \/>\u89e3\u6c7a\u6295\u8cc7\u7684\u7169\u60f1\uff01<\/p>\r\n<p><a href=/index.html"https:\/\/bit.ly\/2NTBOAv\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\"><img decoding=\"async\" class=\"alignnone size-full wp-image-7106\" src=/index.html"https:\/\/\/wp-content\/uploads\/20190824195036_69.gif\" alt=\"\" width=\"687\" height=\"243\" \/><\/a><\/p>\r\n<p>\u6700\u8fd1\u5e02\u5834\u5148\u751f\u958b\u4e86\u4e00\u5802\u7684\u300c<strong>\u7528\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41<\/strong>\u300d\u6559\u5b78\u8ab2\u7a0b\uff0c<br \/>\u9019\u5802\u8ab2\u7a0b\u6703\u5f9e\u57fa\u790e\u5165\u9580\u3001\u8cc7\u6599\u67e5\u8a62\u5230\u5be6\u969b\u64cd\u4f5c\uff0c<br \/>\u6559\u4f60\u5b78\u6703\u5efa\u7acb\u4e00\u500b\u7a69\u5b9a\u7684\u5168\u7403ETF\u6295\u8cc7\u7d44\u5408\uff0c\u76ee\u524d\u7d2f\u7a4d\u5df2\u7d93\u6709\u5c07\u8fd11100\u4f4d\u540c\u5b78\u4e0a\u8ab2\u3002<\/p>\r\n<p>\u7dda\u4e0a\u8ab2\u7a0b\u300b<a href=/index.html"http:\/\/bit.ly\/2FV3hPc\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41\u7dda\u4e0a\u8ab2\u7a0b\u9023\u7d50<\/a><\/p>\n<p><br \/><strong><span style=\"color: #ff0000;\">\u5982\u679c\u89ba\u5f97\u9019\u7bc7\u6587\u7ae0\u6709\u5e6b\u52a9\uff0c<\/span><\/strong><br \/><strong><span style=\"color: #ff0000;\">\u5e6b\u6211\u6309\u500b\u8b9a\uff0c\u5206\u4eab\u7d66\u66f4\u591a\u4eba\u770b\u5230\uff0c\u8b1d\u8b1d\uff01<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u6797\u8b49\u5238(Merrill Lynch)\u5275\u8fa6\u65bc1914\u5e74\uff0c\u66fe\u662f\u4e16\u754c\u6700\u5927\u7684\u8b49\u5238\u96f6\u552e\u5546\u8ddf\u6295\u8cc7\u9280\u884c\u4e4b\u4e00\uff0c\u7e3d\u90e8\u8a2d\u65bc\u7d10\u7d04\uff0c [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14199,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[155],"tags":[312,842,843],"table_tags":[],"modified_by":"Sammi","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/\/wp-content\/uploads\/20200823164048_97.jpg","jetpack-related-posts":[{"id":49421,"url":"https:\/\/\/copper-gold-ratio\/","url_meta":{"origin":14198,"position":0},"title":"\u9285\u91d1\u6bd4\u662f\u4ec0\u9ebc\uff1f\u70ba\u4ec0\u9ebc\u548c\u666f\u6c23\u5faa\u74b0\u6709\u95dc\uff1f","author":"Vivianwu","date":"2023-03-20","format":false,"excerpt":"\u5728\u8ac7\u5230\u7e3d\u9ad4\u7d93\u6fdf\u7684\u6642\u5019\uff0c\u9285\u91d1\u6bd4\u662f\u4e00\u500b\u6642\u5e38\u6703\u88ab\u62ff\u4f86\u7576\u4f5c\u5224\u65b7\u666f\u6c23\u52d5\u5411\u7684\u6307\u6a19\u3002 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4x"},"classes":[]},{"id":40612,"url":"https:\/\/\/%ef%bd%97hat-is-credit-cycle\/","url_meta":{"origin":14198,"position":1},"title":"\u4fe1\u8cb8\u9031\u671f\u662f\u4ec0\u9ebc\uff1f\u5c0d\u7d93\u6fdf\u8207\u6295\u8cc7\u4eba\u7684\u5f71\u97ff\u6709\u54ea\u4e9b\uff1f","author":"Sandy","date":"2022-09-17","format":false,"excerpt":"\u4fe1\u8cb8\u63a7\u5236\u4e86\u8ca8\u5e63\u7e3d\u91cf\uff0c\u4e0d\u4f46\u6703\u5f71\u97ff\u80a1\u5e02\u3001\u623f\u5e02\uff0c\u4e5f\u6703\u5f71\u97ff\u7269\u50f9\u3001\u532f\u7387\u7b49\uff0c\u5c0d\u4e5f\u7d93\u6fdf\u6709\u91cd\u5927\u7684\u5f71\u97ff\u3002 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2x"},"classes":[]},{"id":28634,"url":"https:\/\/\/what-is-cyclical-stocks\/","url_meta":{"origin":14198,"position":2},"title":"\u666f\u6c23\u5faa\u74b0\u80a1\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u5224\u65b7\u666f\u6c23\u5faa\u74b0\u80a1\u7684\u8cb7\u8ce3\u9ede","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2022-01-22","format":false,"excerpt":"\u7d93\u6fdf\u5faa\u74b0\u6703\u6709\u64f4\u5f35\u3001\u7dca\u7e2e\u7684\u4e0d\u540c\u6642\u671f\uff0c\u800c\u548c\u7d93\u6fdf\u5468\u671f\u8b8a\u5316\u6709\u95dc\u7684\u80a1\u7968\u7a31\u70ba\u666f\u6c23\u5faa\u74b0\u80a1\uff0c 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