{"id":88507,"date":"2020-10-28T11:13:07","date_gmt":"2020-10-28T00:13:07","guid":{"rendered":"https:\/\/xiongmaotimes.com\/?p=88507"},"modified":"2020-10-28T11:13:07","modified_gmt":"2020-10-28T00:13:07","slug":"%e4%b8%ad%e5%9b%bd%e4%b8%8e%e5%8d%8e%e5%b0%94%e8%a1%97%e5%8a%a0%e5%bc%ba%e8%81%94%e7%b3%bb","status":"publish","type":"post","link":"https:\/\/xiongmaotimes.com\/?p=88507","title":{"rendered":"\u4e2d\u56fd\u4e0e\u534e\u5c14\u8857\u52a0\u5f3a\u8054\u7cfb"},"content":{"rendered":"<p>\u3010\u718a\u732b\u65f6\u62a5\u8baf\u3011\u4e0d\u4e45\u524d\uff0c\u4e2d\u56fd\u9ad8\u7ea7\u91d1\u878d\u5b98\u5458\u4e0e\u534e\u5c14\u8857\u7684\u94f6\u884c\u5bb6\u5750\u4e0b\u6765\u53ec\u5f00\u4e86\u4e00\u573a\u7535\u8bdd\u4f1a\u8bae\u3002\u6b64\u524d\u4e00\u5929\uff0c\u7f8e\u56fd\u603b\u7edf\u5510\u7eb3\u5fb7\u2022\u7279\u6717\u666e(Donald 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Sachs)\u3001\u6469\u6839\u5927\u901a\u548c\u6469\u6839\u58eb\u4e39\u5229(Morgan Stanley)\u3002\u4e24\u5468\u524d\u4e3e\u884c\u7684\u6b64\u6b21\u4f1a\u8bae\u539f\u8ba1\u5212\u4eca\u5e744\u6708\u5728\u534e\u76db\u987f\u4e3e\u884c\uff0c\u4f46\u56e0\u65b0\u51a0\u75ab\u60c5\u63a8\u8fdf\u3002<\/p>\n<p>\u7f8e\u65b9\u4e0e\u4f1a\u8005\u8868\u793a\uff0c\u4ed6\u4eec\u5df2\u660e\u786e\u544a\u8bc9\u4e2d\u65b9\u4e0e\u4f1a\u8005\uff0c\u7279\u6717\u666e\u717d\u52a8\u7684\u53cd\u534e\u60c5\u7eea\u5177\u6709\u5e7f\u6cdb\u57fa\u7840\uff0c\u800c\u4e14\u5373\u4f7f\u4ed6\u5728\u4e0b\u6708\u7684\u5927\u9009\u4e2d\u8d25\u7ed9\u4e54\u2022\u62dc\u767b(Joe Biden)\uff0c\u8fd9\u79cd\u60c5\u7eea\u4e5f\u4e0d\u4f1a\u6d88\u5931\u3002<\/p>\n<p>\u4e2d\u56fd\u5b98\u5458\u79c1\u4e0b\u8868\u793a\uff0c\u4ed6\u4eec\u53ea\u662f\u5728\u52a0\u901f\u4e00\u9879\u7740\u773c\u4e8e\u672c\u56fd\u5e02\u573a\u9700\u6c42\u7684\u957f\u671f\u8bae\u7a0b\u3002<\/p>\n<p>\u4e0e\u4f1a\u8005\u8868\u793a\uff0c\u6b64\u6b21\u5706\u684c\u4f1a\u8bae\u5305\u62ec\u6280\u672f\u6027\u5e02\u573a\u6539\u9769\u548c\u66f4\u5e7f\u6cdb\u4e2d\u7f8e\u5173\u7cfb\u7684\u8ba8\u8bba\u3002\u6f14\u8bb2\u5609\u5bbe\u5305\u62ec\u6fb3\u5927\u5229\u4e9a\u524d\u603b\u7406\u3001\u6c49\u5b66\u5bb6\u9646\u514b\u6587(Kevin Rudd)\uff0c\u4ee5\u53ca\u7f8e\u56fd\u524d\u603b\u7edf\u5df4\u62c9\u514b\u2022\u5965\u5df4\u9a6c(Barack Obama)\u7684\u4e9a\u6d32\u5b89\u5168\u95ee\u9898\u987e\u95ee\u6770\u5f17\u91cc\u2022\u5df4\u5fb7(Jeffrey Bader)\u3002<\/p>\n<p>\u4e00\u4f4d\u4e0d\u613f\u5177\u540d\u7684\u4e2d\u56fd\u653f\u5e9c\u9ad8\u7ea7\u5b98\u5458\u8868\u793a\uff0c\u6269\u5927\u91d1\u878d\u5f00\u653e\u5c06\u6709\u52a9\u4e8e\u76d1\u7ba1\u673a\u6784\u5e94\u5bf9\u91cd\u5927\u6311\u6218\u3002\u8fd9\u4e9b\u6311\u6218\u5305\u62ec\u56fd\u5185\u8bb8\u591a\u516c\u53f8\u6cbb\u7406\u4e0d\u4f73\u3001\u91d1\u878d\u884c\u4e1a\u7f3a\u4e4f\u521b\u65b0\u4ee5\u53ca\u76d1\u7ba1\u5236\u5ea6\u4e0d\u5b8c\u5584\u3002\u8fd9\u540d\u5b98\u5458\u8bf4\uff1a\u201c\u6211\u4eec\u5e0c\u671b\u5f15\u5165\u5916\u56fd\u53c2\u4e0e\u8005\u5c06\u6709\u52a9\u4e8e\u89e3\u51b3\u8fd9\u4e9b\u95ee\u9898\u3002\u201d<\/p>\n<p>\u524d\u8ff0\u57fa\u91d1\u7ba1\u7406\u516c\u53f8\u9ad8\u7ba1\u8865\u5145\u79f0\uff0c\u8fd9\u4e9b\u76ee\u6807\u3001\u4ee5\u53ca\u5317\u4eac\u65b9\u9762\u63d0\u9ad8\u4eba\u6c11\u5e01\u4f5c\u4e3a\u50a8\u5907\u8d27\u5e01\u76f8\u5bf9\u4e8e\u7f8e\u5143\u7684\u5438\u5f15\u529b\u7684\u957f\u671f\u76ee\u6807\uff0c\u201c\u4ec5\u4ec5\u4f9d\u9760\u4e2d\u56fd\u592e\u884c\u662f\u4e0d\u53ef\u80fd\u5b9e\u73b0\u7684\u2014\u2014\u5b83\u9700\u8981\u50cf\u6469\u6839\u5927\u901a\u3001\u8d1d\u83b1\u5fb7\u548c\u5148\u950b\u96c6\u56e2(Vanguard)\u8fd9\u6837\u7684\u516c\u53f8\u624d\u80fd\u6210\u529f\u3002\u201d<\/p>\n<p>\u5728\u4e2d\u56fd\u4e4b\u5916\uff0c\u4eba\u6c11\u5e01\u4ec5\u5360\u592e\u884c\u50a8\u5907\u76843%\u5de6\u53f3\uff0c\u800c\u7f8e\u5143\u3001\u6b27\u5143\u548c\u65e5\u5143\u5206\u522b\u5360\u523062%\u300120%\u548c5.7%\u3002<\/p>\n<p>\u4ece\u5916\u56fd\u6295\u8d44\u8005\u7684\u89d2\u5ea6\u770b\uff0c\u4e2d\u56fd\u503a\u5238\u5e02\u573a\u5df2\u53d8\u5f97\u5927\u5230\u4e0d\u5bb9\u5ffd\u89c6\uff0c\u5c24\u5176\u662f\u8003\u8651\u5230\u5b83\u80fd\u4f9b\u66f4\u9ad8\u7684\u6536\u76ca\u7387\u3002<\/p>\n<p>20\u5e74\u6765\uff0c\u4e2d\u56fd\u5728\u5cb8\u503a\u5238\u5e02\u573a\u589e\u957f\u4e8660\u500d\uff0c\u8fbe\u5230\u7ea614\u4e07\u4ebf\u7f8e\u5143\uff0c\u8d85\u8fc7\u65e5\u672c\u6210\u4e3a\u5168\u7403\u7b2c\u4e8c\u5927\u503a\u5238\u5e02\u573a\u3002\u4f46\u5916\u56fd\u6295\u8d44\u8005\u6301\u6709\u91cf\u4f9d\u7136\u4e0d\u8db3\u3002\u6469\u6839\u8d44\u4ea7\u7ba1\u7406(JPMorgan Asset Management)\u4f30\u8ba1\uff0c\u8fd1\u5e74\u6765\u6d77\u5916\u6295\u8d44\u8005\u6240\u6301\u5728\u5cb8\u653f\u5e9c\u503a\u5238\u6bd4\u4f8b\u5df2\u4ece2%\u5347\u81f39%\uff0c\u4f46\u4ecd\u8fdc\u4f4e\u4e8e\u5916\u56fd\u6295\u8d44\u8005\u5728\u4e9a\u6d32\u5176\u4ed6\u5e02\u573a\u901a\u5e38\u6301\u6709\u768415%\u81f330%\u3002<\/p>\n<p>\u4e0a\u6708\uff0c\u4e2d\u56fd\u653f\u5e9c\u503a\u5238\u88ab\u7eb3\u5165\u5168\u7403\u6700\u91cd\u8981\u7684\u503a\u5238\u6307\u6570\u4e4b\u4e00\uff0c\u4e3a\u7ea61400\u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\u6d41\u5165\u94fa\u5e73\u4e86\u9053\u8def\u3002<\/p>\n<p>\u5b89\u672c\u6807\u51c6\u6295\u8d44\u7ba1\u7406(Aberdeen Standard Investments)\u56fa\u5b9a\u6536\u76ca\u4e3b\u7ba1\u4e9a\u5f53\u2022\u9ea6\u51ef\u5e03(Adam 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