\u5728\u53c3\u8b70\u9662\u63a8\u9032\u4e00\u9805\u81e8\u6642\u8a08\u756b\u4ee5\u91cd\u555f\u653f\u5e9c\u5f8c\uff0c\u516c\u50b5\u6b96\u5229\u7387\u4e0a\u5347\u3001\u80a1\u5e02\u4e0a\u6f32\uff0c\u5f15\u767c\u4e00\u6ce2\u5ee3\u6cdb\u7684\u98a8\u96aa\u504f\u597d\u56de\u5347\uff0c\u727d\u52d5\u907f\u96aa\u8cc7\u7522\u8d70\u5f31\u3002\u90a3\u65af\u9054\u514b\u4e0a\u6f32 1.27%\uff0cS&P 500 \u4e0a\u6f32 0.74%\uff0c\u5e03\u862d\u7279\u539f\u6cb9\u6500\u5347\u81f3\u7d04\u6bcf\u6876 64 \u7f8e\u5143\u3002\u9019\u9805\u5c07\u653f\u5e9c\u6a5f\u69cb\u8cc7\u91d1\u5ef6\u7e8c\u81f3 2026 \u5e74 1 \u6708 30 \u65e5\u7684\u63d0\u6848\u5c1a\u672a\u6210\u70ba\u6cd5\u5f8b\uff0c\u4f46\u50b5\u5238\u5e02\u5834\u5df2\u5728\u91cd\u65b0\u5b9a\u50f9\u505c\u64fa\u98a8\u96aa\uff0c\u4ee5\u53ca\u66f4\u9806\u66a2\u7d93\u6fdf\u6578\u64da\u6d41\u8207\u806f\u90a6\u904b\u4f5c\u6062\u5fa9\u7684\u5c55\u671b\u3002<\/p>\n
\u7f8e\u570b\u53f2\u4e0a\u6700\u9577\u7684\u653f\u5e9c\u505c\u64fa\uff0c\u76ee\u524d\u70ba\u6b62\u5df2\u9577\u9054 40 \u5929\uff0c\u539f\u672c\u662f\u516c\u50b5\u7684\u7a69\u5b9a\u9806\u98a8\u3002\u96a8\u8457\u4ea4\u6613\u54e1\u958b\u59cb\u5b9a\u50f9\u8f03\u70ba\u6e05\u6670\u7684\u77ed\u671f\u6210\u9577\u8def\u5f91\u8207\u8f03\u5c11\u7684\u653f\u7b56\u8ff7\u9727\uff0c\u60c5\u52e2\u9006\u8f49\u3002\u6307\u6a19\u6b96\u5229\u7387\u6cbf\u66f2\u7dda\u5168\u9762\u8d70\u9ad8\uff0c\u9577\u7aef\u8868\u73fe\u76f8\u5c0d\u843d\u5f8c\uff0c\u56e0\u98a8\u96aa\u504f\u597d\u6539\u5584\u8207\u907f\u96aa\u8cb7\u76e4\u6e1b\u5f31\u3002\u6b64\u4e00\u8d70\u52e2\u662f\u5178\u578b\u7684\u505c\u64fa\u907f\u96aa\u89e3\u9664\uff1a\u5728\u50f5\u5c40\u671f\u9593\u8cb7\u5165\u9577\u50b5\u7684\u6295\u8cc7\u4eba\u6b63\u8f49\u56de\u80a1\u7968\u8207\u4fe1\u7528\u5e02\u5834\uff0c\u671f\u8ca8\u6301\u5009\u4ea6\u50be\u5411\u718a\u9661\u5316\uff0c\u56e0\u91cd\u555f\u6a5f\u7387\u4e0a\u5347\u3002iShares 20+ Year Treasury Bond ETF\uff08TLT\uff09\u96a8\u8457\u9577\u671f\u516c\u50b5\u50f9\u683c\u4e0b\u8dcc\u800c\u8d70\u4f4e\u3002\u7e3d\u7d50\u4f86\u770b\uff0c\u5e02\u5834\u4f01\u5716\u8d8a\u904e\u653f\u5e9c\u7671\u7613\uff0c\u8f49\u5411\u6b63\u5e38\u5316\u7684\u884c\u4e8b\u66c6\u8207\u8cc7\u91d1\u74b0\u5883\u3002<\/p>\n
\u80a1\u7968\u8207\u80fd\u6e90\u5e02\u5834\u50b3\u9054\u51fa\u540c\u6a23\u7684\u8a0a\u606f\u3002\u79d1\u6280\u80a1\u9818\u6f32\uff0c\u90a3\u65af\u9054\u514b\u4e0a\u6f32 1.27%\uff0cS&P 500 \u4e0a\u6f32 0.74%\u3002\u8f03\u9ad8\u7684\u9577\u671f\u6b96\u5229\u7387\u63d0\u632f\u9280\u884c\u6de8\u5229\u606f\u5dee\u7684\u9810\u671f\uff0c\u589e\u6dfb\u5faa\u74b0\u6027\u8272\u5f69\u3002\u6cb9\u50f9\u5ef6\u7e8c\u8fd1\u671f\u5f37\u52e2\uff0c\u5e03\u862d\u7279\u539f\u6cb9\u7d04\u4e0a\u6f32 0.71% \u81f3 64.08 \u7f8e\u5143\u5de6\u53f3\uff0c\u53d7\u5e02\u5834\u89e3\u8b80\u70ba\u904b\u4f5c\u4e2d\u7684\u653f\u5e9c\u53ef\u652f\u6301\u4fe1\u5fc3\u3001\u65c5\u884c\u8207\u80fd\u6e90\u9700\u6c42\u3002\u96a8\u8457\u6b96\u5229\u7387\u5dee\u64f4\u5927\uff0c\u7f8e\u5143\u5c0d\u4e3b\u8981\u8ca8\u5e63\u4fdd\u6301\u5f37\u52e2\u3002\u5e02\u5834\u8a0a\u606f\u4e00\u81f4\uff1a\u505c\u64fa\u51fa\u8def\u964d\u4f4e\u5c3e\u90e8\u98a8\u96aa\uff0c\u91cb\u653e\u81ea\u806f\u90a6\u6a5f\u69cb\u9650\u5236\u904b\u4f5c\u4ee5\u4f86\u7d2f\u7a4d\u7684\u58d3\u6291\u6d3b\u52d5\u3002<\/p>\n
\u53c3\u8b70\u9662\u7684\u7a0b\u5e8f\u6027\u6b65\u9a5f\u5c1a\u975e\u7d42\u9ede\u3002\u4ecd\u9700\u53c3\u8b70\u9662\u6700\u7d42\u901a\u904e\u3001\u773e\u8b70\u9662\u6295\u7968\u4ee5\u53ca\u7e3d\u7d71 Trump \u7c3d\u7f72\u3002\u653f\u6cbb\u6469\u64e6\u4ecd\u5728\uff1a\u53c3\u8b70\u9662\u5c11\u6578\u9ee8\u9818\u8896 Chuck Schumer \u6295\u7968\u53cd\u5c0d\u6b64\u6848\uff0c\u5176\u9ee8\u5167\u6279\u8a55\u8005\u5df2\u5c0d\u9818\u5c0e\u5c64\u65bd\u58d3\u3002\u8a72\u63d0\u6848\u5305\u542b\u5c0d\u806f\u90a6\u50f1\u54e1\u5728 1 \u6708 30 \u65e5\u524d\u907f\u514d\u89e3\u96c7\u7684\u4fdd\u969c\uff0c\u4e26\u4fdd\u969c\u8ecd\u4e8b\u8207\u6587\u8077\u4eba\u54e1\u7684\u8ffd\u6eaf\u85aa\u8cc7\uff0c\u9019\u662f\u5de5\u6703\u7684\u512a\u5148\u4e8b\u9805\u3002\u6848\u4e2d\u4ea6\u627f\u8afe\u5728 12 \u6708\u5c31\u5ef6\u9577 Affordable Care Act \u88dc\u8cbc\u9032\u884c\u8868\u6c7a\uff0c\u9019\u9805\u76ee\u4f7f\u5f97\u7968\u6578\u52d5\u614b\u66f4\u8907\u96dc\u3002\u5e02\u5834\u6b63\u5728\u63d0\u9ad8\u4ea4\u6613\u9054\u6210\u7684\u6a5f\u7387\uff0c\u4f46\u4e26\u975e\u78ba\u5b9a\u3002\u9019\u7a2e\u7d30\u5fae\u5dee\u7570\u5c0d\u65bc\u5229\u7387\u8207\u98a8\u96aa\u8cc7\u7522\u7684\u4efb\u4f55\u5f8c\u7e8c\u8d70\u52e2\u90fd\u5f88\u91cd\u8981\u3002<\/p>\n
\u653f\u5e9c\u91cd\u555f\u5c07\u6062\u5fa9\u5df2\u88ab\u5ef6\u9072\u6216\u53d7\u5a01\u8105\u7684\u91cd\u8981\u5831\u544a\u767c\u5e03\uff0c\u6539\u5584\u806f\u6e96\u6703\u8207\u6295\u8cc7\u4eba\u7684\u80fd\u898b\u5ea6\u3002\u505c\u64fa\u5df2\u7d93\u64fe\u4e82\u822a\u7a7a\u65c5\u884c\u3001\u57f7\u6cd5\u8207\u516c\u5712\u904b\u4f5c\uff0c\u524a\u5f31\u5bb6\u5ead\u4fe1\u5fc3\uff0c\u4e26\u885d\u64ca\u9760\u8fd1\u806f\u90a6\u6a5f\u95dc\u7684\u670d\u52d9\u696d\u6d3b\u52d5\u3002\u7d93\u6fdf\u5b78\u5bb6\u8b66\u544a\uff0c\u82e5\u4e2d\u65b7\u6301\u7e8c\uff0c\u7b2c\u56db\u5b63 GDP \u53ef\u80fd\u8f49\u70ba\u8ca0\u6210\u9577\uff1b\u77ed\u671f\u89e3\u6c7a\u5c07\u964d\u4f4e\u8a72\u98a8\u96aa\uff0c\u4e26\u628a\u7126\u9ede\u62c9\u56de\u57fa\u672c\u8d70\u52e2\u3002\u96a8\u8457\u6578\u64da\u6062\u5fa9\u4e0a\u7dda\u8207\u8ca1\u653f\u904b\u4f5c\u6b63\u5e38\u5316\uff0c\u5229\u7387\u89c0\u5bdf\u8005\u5c07\u91cd\u65b0\u805a\u7126\u65bc\u901a\u81a8\u8207\u52de\u52d5\u5e02\u5834\u6578\u64da\uff0c\u800c\u975e\u653f\u6cbb\u908a\u7de3\u5c0d\u5cd9\u3002\u5982\u679c\u6210\u9577\u5c55\u73fe\u97cc\u6027\u4e14\u671f\u9650\u6ea2\u916c\u56de\u5347\uff0c\u9019\u4e00\u8f49\u5411\u6709\u5229\u65bc\u9577\u7aef\u66f4\u9ad8\u7684\u6b96\u5229\u7387\u3002<\/p>\n
\u9664\u4e86\u60c5\u7dd2\u9762\uff0c\u4f9b\u7d66\u9762\u4e5f\u504f\u5411\u5229\u7a7a\u4e45\u671f\u3002\u653f\u5e9c\u6062\u5fa9\u904b\u4f5c\u610f\u5473\u8457\u7a69\u5b9a\u7684\u767c\u884c\u91cf\uff0c\u6295\u8cc7\u4eba\u5c07\u518d\u6b21\u9700\u8981\u5728\u7121\u505c\u64fa\u9644\u5e36\u689d\u4ef6\u4e0b\u6d88\u5316\u5927\u898f\u6a21\u7684\u62cd\u8ce3\u3002\u671f\u9650\u6ea2\u916c\u76ee\u524d\u4ecd\u4f4e\u65bc\u9577\u671f\u5e38\u614b\uff0c\u7576\u653f\u7b56\u4e0d\u78ba\u5b9a\u6027\u4e0b\u964d\u4e14\u6210\u9577\u6ce2\u52d5\u6027\u4e0a\u5347\u6642\uff0c\u671f\u9650\u6ea2\u916c\u5f80\u5f80\u64f4\u5927\uff0c\u63a8\u5347\u9577\u671f\u6b96\u5229\u7387\uff0c\u5373\u4fbf\u9810\u671f\u4e2d\u7684 Fed \u8def\u5f91\u672a\u8b8a\u3002\u82e5\u6cb9\u50f9\u7dad\u6301\u6f32\u52e2\u4e14\u901a\u81a8\u9810\u671f\uff08breakeven\uff09\u4e0a\u63da\uff0c\u5c07\u5c0d\u540d\u76ee\u6b96\u5229\u7387\u69cb\u6210\u984d\u5916\u63a8\u529b\u3002\u4eca\u65e5\u7684\u8d70\u52e2\u770b\u4f86\u662f\u907f\u96aa\u89e3\u9664\u8207\u5c0d\u5e74\u5e95\u524d\u66f4\u5927\u91cf\u4f9b\u7d66\u7684\u4e00\u7a2e\u9ede\u982d\u3002\u52a0\u4e0a\u7cfb\u7d71\u6027\u518d\u52a0\u78bc\u4e14\u50f9\u683c\u52d5\u80fd\u8f49\u5f37\uff0c\u9664\u975e\u653f\u6cbb\u5c40\u52e2\u74e6\u89e3\uff0c\u5426\u5247\u5341\u5e74\u671f\u6b96\u5229\u7387\u7684\u6700\u5c0f\u963b\u529b\u8def\u5f91\u8da8\u5411\u4e0a\u884c\u3002<\/p>\n
\u4e7e\u6de8\u7684\u91cd\u555f\u5c07\u5728\u7279\u5b9a\u80a1\u7968\u4e2d\u7522\u751f\u9023\u9396\u6548\u61c9\u3002\u822a\u7a7a\u8207\u65c5\u904a\u985e\u80a1\u53d7\u76ca\u65bc\u6a5f\u5834\u5e72\u64fe\u6e1b\u5c11\u8207 TSA \u4eba\u54e1\u6062\u5fa9\u7de8\u5236\u3002\u806f\u90a6\u627f\u5305\u5546\u8207\u570b\u9632\u4e3b\u627f\u5305\u5546\u5c07\u80fd\u91cd\u555f\u5de5\u4f5c\u4e26\u958b\u5177\u62d6\u6b20\u5e33\u55ae\uff0c\u6709\u52a9\u65bc\u73fe\u91d1\u6d41\u6062\u5fa9\u3002\u91cd\u5ea6\u4f9d\u8cf4\u806f\u90a6\u54e1\u5de5\u793e\u5340\u7684\u96f6\u552e\u8207\u9910\u98f2\u696d\u96a8\u8457\u8ffd\u6eaf\u85aa\u8cc7\u5230\u4f4d\u53ef\u80fd\u8fce\u4f86\u6eab\u548c\u7684\u6d88\u8cbb\u53cd\u5f48\u3002\u7ba1\u7406\u5f0f\u91ab\u7642\u5247\u5c6c\u8b8a\u6578\uff1a\u627f\u8afe\u5728 12 \u6708\u5c31\u5ef6\u9577 Affordable Care Act \u88dc\u8cbc\u6295\u7968\uff0c\u4f7f\u4fdd\u96aa\u696d\u9762\u81e8\u653f\u7b56\u4e0d\u78ba\u5b9a\u6027\uff0c\u5c07\u5bc6\u5207\u95dc\u6ce8\u3002\u9280\u884c\u559c\u6b61\u9661\u5ced\u5316\u7684\u5229\u7387\u66f2\u7dda\uff1b\u5c0d\u5229\u7387\u654f\u611f\u7684\u516c\u7528\u4e8b\u696d\u53ef\u80fd\u843d\u5f8c\u3002\u5728\u6cd5\u6848\u7c3d\u7f72\u524d\uff0c\u9019\u4e9b\u90fd\u4e0d\u662f\u4fdd\u8b49\uff0c\u4f46\u5e02\u5834\u5df2\u958b\u59cb\u671d\u6709\u5229\u65b9\u5411\u50be\u659c\u3002<\/p>\n
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