{"id":264885,"date":"2019-05-06T21:20:19","date_gmt":"2019-05-07T04:20:19","guid":{"rendered":"https:\/\/nai500.com\/?p=264885"},"modified":"2019-05-06T21:20:19","modified_gmt":"2019-05-07T04:20:19","slug":"%e5%8d%83%e9%87%91%e9%9b%a3%e8%b2%b7%e7%89%b9%e6%9c%97%e6%99%ae%e5%ba%95%ef%bc%9a%e8%b2%bf%e6%98%93%e6%8e%a8%e6%96%87%e5%b0%8d%e7%be%8e%e8%82%a1%e8%b5%b0%e5%8b%a2%e7%9a%84%e5%bd%b1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2019\/05\/%e5%8d%83%e9%87%91%e9%9b%a3%e8%b2%b7%e7%89%b9%e6%9c%97%e6%99%ae%e5%ba%95%ef%bc%9a%e8%b2%bf%e6%98%93%e6%8e%a8%e6%96%87%e5%b0%8d%e7%be%8e%e8%82%a1%e8%b5%b0%e5%8b%a2%e7%9a%84%e5%bd%b1\/","title":{"rendered":"\u5343\u91d1\u96e3\u8cb7\u201c\u7279\u6717\u666e\u5e95\u201d\uff1a\u8cbf\u6613\u63a8\u6587\u5c0d\u7f8e\u80a1\u8d70\u52e2\u7684\u5f71\u97ff"},"content":{"rendered":"<p>2018\u5e743\u6708\u8cbf\u6613\u6230\u5553\u52d5\u4ee5\u4f86\uff0c\u7f8e\u570b\u7e3d\u7d71\u7279\u6717\u666e\u5df2\u7d93\u767c\u5e03\u6216\u8f49\u767c\u6578\u5341\u689d\u6709\u95dc\u8cbf\u6613\u7684\u63a8\u7279\u3002\u5118\u7ba1\u6bcf\u6b21\u5167\u5bb9\u90fd\u4e0d\u76e1\u76f8\u540c\uff0c\u4f46\u7f8e\u80a1\u7684\u53cd\u61c9\u4f3c\u4e4e\u7e3d\u9075\u5f9e\u4e86\u4e00\u500b\u6a21\u5f0f\uff1a\u5148\u662f\u9a5a\u5687\uff0c\u7e7c\u800c\u4f01\u7a69\uff0c\u6700\u5f8c\u5728\u6284\u5e95\u8cc7\u91d1\u7684\u63a8\u52d5\u4e0b\u7e7c\u7e8c\u4e0a\u653b\u3002\u6578\u64da\u986f\u793a\uff0c\u8cbf\u6613\u6230\u4ee5\u4f86\uff0c\u7f8e\u80a1\u5df2\u7d93\u4e0a\u6f328%\uff0c\u5e77\u4e14\u6bcf\u6b21\u201c\u8cbf\u6613\u63a8\u201d\u767c\u5e03\u4e00\u5468\u5f8c\uff0c\u80a1\u5e02\u5747\u8655\u4e8e\u4e0a\u6f32\u72c0\u614b\u3002<\/p>\n<p>\u9019\u4e00\u6a21\u5f0f\u4e5f\u5ef6\u7e8c\u81f3\u672c\u5468\u4e00\u3002\u5468\u672b\uff0c\u7279\u6717\u666e\u9023\u767c\u5169\u689d\u63a8\u7279\uff0c\u5168\u7403\u80a1\u5e02\u61c9\u8072\u4e0b\u632b\u3002\u6a19\u666e500\u6307\u6578\uff08SPX\uff09\u4eca\u5929\u958b\u76e4\u4e5f\u4e00\u5ea6\u4e0b\u8dcc1.6%\uff0c\u4f46\u76e4\u4e2d\u7a69\u6b65\u4e0a\u884c\u3002\u7b56\u7565\u5e2b\u4e00\u81f4\u8868\u614b\u7a31\uff0c\u9694\u591c\u7684\u4e0b\u8dcc\u4e0d\u904e\u662f\u5e02\u5834\u518d\u6b21\u5275\u9020\u7684\u4e00\u6b21\u8cb7\u5165\u6a5f\u6703\u3002Fundstrat Global Advisors\u7b56\u7565\u5e2bTom Lee\u5c31\u6307\u51fa\uff0c\u5373\u4f7f\u9762\u81e8\u4e2d\u7f8e\u8cbf\u6613\u885d\u64ca\u5373\u5c07\u5347\u7d1a\u7684\u98a8\u96aa\uff0c\u80a1\u5e02\u4e0b\u8abf\u5e45\u5ea6\u4e5f\u4e0d\u662f\u5f88\u5927\u3002\u4ed6\u5011\u9810\u8a08\u57fa\u91d1\u5c07\u8d81\u4f4e\u8cb7\u5165\u3002<\/p>\n<p>\u5c31\u5728\u4e0a\u5468\uff0c\u7f8e\u80a1\u525b\u525b\u5275\u51fa\u6b77\u53f2\u9ad8\u9ede\uff0c\u5c0d\u4e8e\u591a\u982d\u4f86\u8aaa\uff0c\u9019\u6b21\u56de\u8abf\u5c31\u662f\u8cb7\u5165\u6a5f\u6703\u3002\u7a76\u5176\u539f\u56e0\uff0c\u7f8e\u570b\u7d93\u6fdf\u4ecd\u7136\u5f3a\u5065\uff0c\u7f8e\u806f\u5132\u5df2\u91cb\u653e\u51fa\u66ab\u7de9\u52a0\u606f\u7684\u4fe1\u865f\uff0c\u4f01\u696d\u76c8\u5229\u4e5f\u597d\u4e8e\u9810\u671f\u3002\u5728\u904e\u53bb\u9577\u90541\u5e74\u7684\u8cbf\u6613\u885d\u7a81\u4e2d\uff0c\u4ee5\u4e0a\u7a2e\u7a2e\u5229\u597d\u4e0d\u540c\u7a0b\u5ea6\u90fd\u5c0d\u80a1\u5e02\u8d77\u5230\u4e86\u95dc\u9375\u652f\u6491\u7684\u4f5c\u7528\uff0c\u9019\u4e5f\u89e3\u91cb\u4e86\u6b64\u524d\u6709\u95dc\u8cbf\u6613\u554f\u984c\u7684\u63a8\u7279\u7232\u4ec0\u9ebd\u80fd\u591f\u69cb\u6210\u8cb7\u5165\u6a5f\u6703\u3002<\/p>\n<p>\u5177\u9ad4\u4f86\u770b\uff0c2018\u5e743\u6708\uff0c\u7279\u6717\u666e\u767c\u63a8\u7a31\u6253\u8d0f\u8cbf\u6613\u6230\u201c\u8f15\u800c\u6613\u8209\u201d\uff0c\u7f8e\u80a1\u96a8\u5373\u5927\u8dcc\uff0c\u4f46\u6b64\u5f8c\u53cd\u5f48\u5e77\u6536\u6f320.5%\u30026\u6708\uff0c\u7279\u6717\u666e\u62d2\u7d55\u7c3d\u7f72G7\u806f\u5408\u8072\u660e\u5e77\u767c\u63a8\u62b1\u6028\u52a0\u62ff\u5927\u7e3d\u7406\u7279\u9b6f\u591a\u6709\u95dc\u95dc\u7a05\u554f\u984c\u7684\u8868\u614b\uff0c\u7f8e\u80a1\u7121\u52d5\u4e8e\u8877\uff0c\u4e0b\u4e00\u500b\u4ea4\u6613\u65e5\u4e0a\u6f320.1%\u3002<\/p>\n<p>9\u67081\u65e5\uff0c\u80a1\u5e02\u6536\u8dcc\uff0c\u6b64\u524d\u7279\u6717\u666e\u767c\u5e03\u201c\u7121\u5354\u8b70\u63a8\u7279\u201d\uff0c\u7a31\u672a\u8207\u52a0\u62ff\u5927\u7c3d\u7f72\u8cbf\u6613\u5354\u8b70\u3002\u80a1\u5e02\u6b64\u5f8c4\u5929\u4e0b\u8dcc\uff0c\u4f46\u6a19\u666e500\u6307\u6578\u63a5\u4e0b\u4f86\u5169\u5468\u7e7c\u7e8c\u4e0a\u6f32\uff0c\u5e77\u4e14\u9084\u57289\u670820\u65e5\u5275\u51fa\u7d00\u9304\u300212\u670824\u65e5\uff0c\u7f8e\u80a1\u89f8\u5e95\uff0c\u6b64\u5f8c\u80a1\u5e02\u5728\u4e2d\u7f8e\u8cbf\u6613\u8ac7\u5224\u7684\u6a02\u89c0\u671f\u5f85\u4e0b\u5553\u52d5\u53cd\u5f48\u884c\u60c5\u30021\u6708\u672b\uff0c\u6a19\u666e500\u6307\u6578\u4e0a\u6f320.9%\uff0c\u6b64\u524d\u7279\u6717\u666e\u767c\u63a8\u7a31\uff0c\u5728\u201c\u90e8\u5206\u9577\u671f\u5b58\u5728\u4e14\u66f4\u96e3\u5316\u89e3\u7684\u77db\u76fe\u7372\u5f97\u89e3\u51b3\u4e4b\u524d\u201d\uff0c\u4e2d\u7f8e\u5169\u570b\u4e0d\u6703\u7c3d\u7f72\u5354\u8b70\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2018\u5e743\u6708\u8cbf\u6613\u6230\u5553\u52d5\u4ee5\u4f86\uff0c\u7f8e\u570b\u7e3d\u7d71\u7279\u6717\u666e\u5df2\u7d93\u767c\u5e03\u6216\u8f49\u767c\u6578\u5341\u689d\u6709\u95dc\u8cbf\u6613\u7684\u63a8\u7279\u3002\u5118\u7ba1\u6bcf\u6b21\u5167\u5bb9\u90fd\u4e0d\u76e1\u76f8\u540c\uff0c\u4f46\u7f8e\u80a1 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":264882,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[194],"tags":[],"class_list":["post-264885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized_zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/264885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=264885"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/264885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/264882"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=264885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=264885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=264885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}