{"id":32842,"date":"2025-04-05T16:28:02","date_gmt":"2025-04-05T20:28:02","guid":{"rendered":"https:\/\/www.chinesepress.com\/2025\/04\/05\/%e5%8c%97%e7%be%8e%e8%82%a1%e5%b8%82%e7%bb%a7%e7%bb%ad%e5%a4%a7%e8%b7%8c%ef%bc%8c%e5%8a%a0%e6%8b%bf%e5%a4%a7%e7%bb%8f%e6%b5%8e%e5%ad%a6%e5%ae%b6%ef%bc%9a%e8%b4%b8%e6%98%93%e6%88%98%e6%9c%80%e5%a4%9a\/"},"modified":"2025-04-05T16:28:02","modified_gmt":"2025-04-05T20:28:02","slug":"%e5%8c%97%e7%be%8e%e8%82%a1%e5%b8%82%e7%bb%a7%e7%bb%ad%e5%a4%a7%e8%b7%8c%ef%bc%8c%e5%8a%a0%e6%8b%bf%e5%a4%a7%e7%bb%8f%e6%b5%8e%e5%ad%a6%e5%ae%b6%ef%bc%9a%e8%b4%b8%e6%98%93%e6%88%98%e6%9c%80%e5%a4%9a","status":"publish","type":"post","link":"https:\/\/www.chinesepress.com\/pre\/archives\/32842","title":{"rendered":"\u5317\u7f8e\u80a1\u5e02\u7ee7\u7eed\u5927\u8dcc\uff0c\u52a0\u62ff\u5927\u7ecf\u6d4e\u5b66\u5bb6\uff1a\u8d38\u6613\u6218\u6700\u591a\u6301\u7eed\u516d\u4e2a\u6708"},"content":{"rendered":"

\u5468\u4e94\uff084\u67084\u65e5\uff09\uff0c\u5728\u4e2d\u56fd\u5ba3\u5e03\u5bf9\u7f8e\u56fd\u603b\u7edf\u7279\u6717\u666e\u4e0d\u65ad\u5347\u7ea7\u7684\u8d38\u6613\u6218\u91c7\u53d6\u4e86\u62a5\u590d\u6027\u5173\u7a0e\u63aa\u65bd\u4e4b\u540e\uff0c\u52a0\u62ff\u5927\u548c\u7f8e\u56fd\u8fde\u7eed\u7b2c\u4e8c\u5929\u4ee5\u5927\u8dcc\u6536\u76d8\u3002\u52a0\u62ff\u5927\u672c\u5730\u4e13\u5bb6\u9884\u6d4b\uff0c\u8fd9\u6b21\u8d38\u6613\u6218\u4e0d\u4f1a\u6301\u4e45\uff0c\u53ef\u80fd\u4f1a\u5728\u516d\u4e2a\u6708\u5185\u964d\u6e29\uff0c\u7136\u800c\u5bf9\u5e7f\u5927\u7684\u6295\u8d44\u8005\u6765\u8bf4\uff0c\u4ecd\u662f\u4e00\u4e2a\u76f8\u5f53\u5927\u7684\u6311\u6218\uff0c\u9700\u8981\u8c28\u614e\u6289\u62e9\u3002<\/p>\n

\n<\/figure>\n

\u636e\u672c\u5730\u82f1\u6587\u5a92\u4f53\u591a\u4f26\u591a\u661f\u62a5\u62a5\u9053\uff1a\u7ee7\u5468\u56db\u6807\u51c6\u666e\u5c14500\u6307\u6570\uff08S&P 500\uff09\u5f55\u5f97\u81ea2020\u5e74\u4ee5\u6765\u6700\u7cdf\u7cd5\u7684\u5355\u65e5\u8dcc\u5e45\u540e\uff0c\u672c\u5468\u4e94\uff084\u67084\u65e5\uff09\u5317\u7f8e\u80a1\u5e02\u4f9d\u65e7\u8868\u73b0\u4e0d\u4f73\u3002<\/p>\n

\u591a\u4f26\u591a\u8bc1\u5238\u4ea4\u6613\u6240S&P-TSX\u7efc\u5408\u6307\u6570\uff08S&P-TSX Composite Index\uff09\u4e0b\u8dcc4.6%\u6536\u76d8\u3002<\/p>\n

\u6807\u51c6\u666e\u5c14500\u6307\u6570\u4e0b\u8dcc\u4e864.2%\u3002\u7ebd\u7ea6\u7684\u9053\u743c\u65af\u6307\u6570\uff08Dow Jones\uff09\u8fd16%\u3002\u9053\u743c\u65af\u6307\u6570\u7ecf\u5386\u4e86\u5176\u6700\u7cdf\u7cd5\u7684\u5355\u65e5\u8868\u73b0\u4e4b\u4e00\uff0c\u4e0b\u8dcc5.5%\uff0c\u800c\u7eb3\u65af\u8fbe\u514b\u6307\u6570\u5219\u6536\u8dcc5.8%\u3002<\/p>\n

\u4e2d\u56fd\u79d1\u6280\u516c\u53f8\u963f\u91cc\u5df4\u5df4\u96c6\u56e2\uff08Alibaba Group\uff09\u7684\u80a1\u7968\u5728\u7f8e\u56fd\u5e02\u573a\u9886\u8dcc\uff0c\u8dcc\u5e45\u7ea6\u4e3a11%\u3002\u7531\u4e8e\u5168\u7403\u6cb9\u4ef7\u4e0b\u8dcc\uff0c\u52a0\u62ff\u5927\u5e02\u573a\u5219\u7531\u68ee\u79d1\u80fd\u6e90\u516c\u53f8\uff08Suncor Energy\uff09\u9886\u8dcc\uff0c\u8be5\u516c\u53f8\u5728\u4e2d\u5348\u4ea4\u6613\u65f6\u4e0b\u8dcc\u4e869%\u4ee5\u4e0a\u3002<\/p>\n

\u201c\u8003\u8651\u5230\u5e02\u573a\u7684\u5927\u5e45\u4e0b\u8dcc\uff0c\u8fd9\u65e0\u7591\u662f\u4ef6\u5927\u4e8b\uff0c\u201d\u897f\u5b89\u5927\u7565\u5927\u5b66\u91d1\u878d\u5b66\u6559\u6388\u798f\u65af\u7279\u8868\u793a\uff0c\u201c\u7279\u6717\u666e\u5173\u7a0e\u5f71\u54cd\u7684\u73b0\u5b9e\u6b63\u5728\u663e\u73b0\u3002\u201d\u5f53\u7136\uff0c\u672c\u5468\u7684\u8dcc\u5e45\u8fd8\u4e0d\u53ca\u5bfc\u81f4\u5927\u8427\u6761\u62161987\u5e74\u80a1\u707e\u524d\u7684\u6700\u5927\u8dcc\u5e45\uff0c\u4f46\u80a1\u4ef7\u66b4\u8dcc\u6b63\u5728\u5f15\u53d1\u4e00\u573a\u5173\u4e8e\u901a\u80c0\u3001\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\u751a\u81f3\u5168\u7403\u8870\u9000\u7684\u201c\u5b8c\u7f8e\u98ce\u66b4\u201d\u5f0f\u6050\u614c\u3002<\/p>\n

\u201c\u5982\u679c\u8ba9\u6211\u7528\u4e00\u4e2a\u8bcd\u603b\u7ed3\u80a1\u5e02\u5927\u8dcc\u7684\u9a71\u52a8\u56e0\u7d20\uff0c\u90a3\u5c31\u662f\u2018\u4e0d\u786e\u5b9a\u6027\u2019\uff0c\u201d\u798f\u65af\u7279\u8bf4\uff0c\u8fd9\u662f\u7279\u6717\u666e\u96be\u4ee5\u9884\u6d4b\u7684\u8d38\u6613\u653f\u7b56\uff0c\u53ca\u5176\u4ed6\u56fd\u5bb6\u7684\u53cd\u5236\u63aa\u65bd\uff0c\u6240\u5e26\u6765\u7684\u8d1f\u9762\u5f71\u54cd\uff0c\u201c\u8981\u8fc7\u4e00\u6bb5\u65f6\u95f4\uff0c\u6574\u4e2a\u5c40\u52bf\u624d\u80fd\u660e\u6717\u3002\u201d<\/p>\n

\u5317\u7f8e\u4ee5\u5916\u5730\u533a\uff0c\u4e9a\u6d32\u548c\u6b27\u6d32\u5e02\u573a\u672c\u5468\u4e5f\u4ee5\u4f4e\u70b9\u6536\u76d8\uff0c\u4e0d\u8fc7\u6709\u4e9b\u5e02\u573a\u8868\u73b0\u4f3c\u4e4e\u6bd4\u5176\u4ed6\u5e02\u573a\u8981\u597d\u3002<\/p>\n

\u7ee7\u5468\u56db\u51fa\u73b0\u7c7b\u4f3c\u8dcc\u5e45\u540e\uff0c\u5468\u4e94\u65e5\u672c\u65e5\u7ecf225\u6307\u6570\uff08Nikkei 225\uff09\u4e0b\u8dcc\u4e862.75%\uff1b\u4f26\u6566\u5bcc\u65f6100\u6307\u6570\uff08FTSE 100 Index\uff09\u4e0b\u8dcc\u4e86\u8fd15%\uff0c\u800c\u524d\u4e00\u5929\u4ec5\u4e0b\u8dcc\u4e861.6%\u3002<\/p>\n

\u5bf9\u4e8e\u80a1\u5e02\u7cdf\u7cd5\u7684\u8868\u73b0\uff0c\u7f8e\u56fd\u603b\u7edf\u7279\u6717\u666e\u89c6\u800c\u4e0d\u89c1\uff0c\u5e76\u7528\u6700\u65b0\u516c\u5e03\u7684\u52b3\u52a8\u529b\u5e02\u573a\u6570\u636e\u7ed9\u81ea\u5df1\u8fa9\u62a4\u3002\u8fd9\u4efd\u62a5\u544a\u663e\u793a3\u6708\u4efd\u7f8e\u56fd\u65b0\u589e\u4e8622.8\u4e07\u4e2a\u975e\u519c\u4e1a\u5c31\u4e1a\u5c97\u4f4d\u3002<\/p>\n

\u7279\u6717\u666e\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u5199\u9053\uff1a\u201c\u5c31\u4e1a\u6570\u636e\u5f88\u68d2\uff0c\u8fdc\u8d85\u9884\u671f\uff0c\u201d\u4ed6\u5199\u9053\uff0c\u201c\u8fd9\u5df2\u7ecf\u594f\u6548\u4e86\u3002\u575a\u6301\u4f4f\uff0c\u6211\u4eec\u4e0d\u4f1a\u8f93\u7684\uff01\u201d<\/p>\n

\u7136\u800c\uff0c\u6295\u8d44\u8005\u548c\u7ecf\u6d4e\u5b66\u5bb6\u5e76\u4e0d\u4e70\u8d26\u3002<\/p>\n

\u7f8e\u56fd\u6469\u6839\u5927\u901a\u516c\u53f8\uff08J.P. Morgan\uff09\u5c06\u7f8e\u56fd\u548c\u5168\u7403\u7ecf\u6d4e\u8870\u9000\u7684\u53ef\u80fd\u6027\u63d0\u9ad8\u5230\u4e8660%\u3002<\/p>\n

\u7f8e\u56fd\u8054\u90a6\u50a8\u5907\u59d4\u5458\u4f1a\uff08U.S. Federal Reserve\uff09\u4e3b\u5e2d\u9c8d\u5a01\u5c14\uff08Jerome Powell\uff09\u8b66\u544a\u79f0\uff0c\u7279\u6717\u666e\u7684\u5173\u7a0e\u653f\u7b56\u53ef\u80fd\u4f1a\u5bfc\u81f4\u7f8e\u56fd\u901a\u80c0\u4e0a\u5347\uff0c\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\u3002<\/p>\n

\u52a0\u62ff\u5927\u7684\u7ecf\u6d4e\u5b66\u5bb6\u4e5f\u7ed9\u51fa\u4e86\u76f8\u540c\u7684\u8b66\u544a\u3002<\/p>\n

\u6ee1\u94f6\uff08BMO\uff09\u9996\u5e2d\u7ecf\u6d4e\u5b66\u5bb6\u6ce2\u7279\uff08Douglas Porter\uff09\u8868\u793a\uff0c\u5173\u7a0e\u548c\u62a5\u590d\u6027\u5173\u7a0e\u662f\u4e0d\u53ef\u6301\u7eed\u7684\uff0c\u8d38\u6613\u6218\u5c06\u5728\u516d\u4e2a\u6708\u5185\u964d\u6e29\u3002<\/p>\n

\u4e0d\u8fc7\uff0c\u8fd9\u5df2\u7ecf\u8db3\u591f\u8ba9\u5e02\u573a\u9677\u5165\u66f4\u957f\u65f6\u95f4\u7684\u6df7\u4e71\u4e86\u3002<\/p>\n

\u201c\u5373\u4f7f\u8d38\u6613\u52a8\u8361\u6301\u7eed\u516d\u4e2a\u6708\uff0c\u5bf9\u5e02\u573a\u6765\u8bf4\u4e5f\u662f\u6f2b\u957f\u7684\u65f6\u95f4\uff0c\u201d\u6ce2\u7279\u5728\u5468\u4e94\u7684\u4e00\u4efd\u7814\u7a76\u62a5\u544a\u4e2d\u8868\u793a\u3002<\/p>\n

\u6ce2\u7279\u8868\u793a\uff0c\u5728\u7279\u6717\u666e\u6240\u8c13\u7684\u201c\u89e3\u653e\u65e5\u201d\uff08Liberation Day\uff09\u4e4b\u540e\uff0c\u7f8e\u56fd\u8fdb\u53e3\u5173\u7a0e\u7684\u5e73\u5747\u7a0e\u7387\u73b0\u5df2\u9ad8\u4e8e20\u4e16\u7eaa30\u5e74\u4ee3\u81ed\u540d\u662d\u8457\u7684\u300a\u65af\u7a46\u7279-\u970d\u5229\u5173\u7a0e\u6cd5\u300b\uff08Smoot-Hawley regime\uff09\uff0c\u800c\u5927\u591a\u6570\u7ecf\u6d4e\u5b66\u5bb6\u548c\u5386\u53f2\u5b66\u5bb6\u90fd\u8ba4\u4e3a\uff0c\u8be5\u6cd5\u6848\u662f\u5bfc\u81f430\u5e74\u4ee3\u7ecf\u6d4e\u5927\u8427\u6761\u7684\u4e3b\u8981\u8bf1\u56e0\u4e4b\u4e00\u3002<\/p>\n

\u6e29\u54e5\u534e\u6ce8\u518c\u8d22\u52a1\u987e\u95ee\u4f55\u51ef\u5229\uff08Kelly Ho\uff09\u5219\u8868\u793a\uff0c\u5979\u7406\u89e3\u4eba\u4eec\u5bf9\u5e02\u573a\u72b6\u51b5\u611f\u5230\u538b\u529b\uff0c\u4f46\u662f\u73b0\u5728\u8fd8\u4e0d\u662f\u5728\u6295\u8d44\u65b9\u9762\u505a\u51fa\u4efb\u4f55\u201c\u8349\u7387\u201d\u51b3\u5b9a\u7684\u65f6\u5019\u3002<\/p>\n

\u201c\u5bf9\u4e8e\u90a3\u4e9b\u6295\u8d44\u5f97\u5f53\u7684\u4eba\u6765\u8bf4\u2014\u2014\u8fd9\u5305\u62ec\u62e5\u6709\u591a\u5143\u5316\u7684\u6295\u8d44\u7ec4\u5408\u548c\u8d22\u52a1\u8ba1\u5212\uff0c\u90a3\u4e48\u4f60\u4e0d\u9700\u8981\u611f\u5230\u62c5\u5fe7\u201d\uff0c\u4f55\u51ef\u5229\u8bf4\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5468\u4e94\uff084\u67084\u65e5\uff09\uff0c\u5728\u4e2d\u56fd\u5ba3\u5e03\u5bf9\u7f8e\u56fd\u603b\u7edf\u7279\u6717\u666e\u4e0d\u65ad\u5347\u7ea7\u7684\u8d38\u6613\u6218\u91c7\u53d6\u4e86\u62a5\u590d\u6027\u5173\u7a0e\u63aa\u65bd\u4e4b\u540e\uff0c\u52a0\u62ff\u5927\u548c\u7f8e\u56fd\u8fde\u7eed\u7b2c\u4e8c\u5929\u4ee5\u5927\u8dcc\u6536\u76d8\u3002\u52a0\u62ff\u5927\u672c\u5730\u4e13\u5bb6\u9884\u6d4b\uff0c\u8fd9\u6b21\u8d38\u6613\u6218\u4e0d\u4f1a\u6301\u4e45\uff0c\u53ef\u80fd\u4f1a\u5728\u516d\u4e2a\u6708\u5185\u964d\u6e29\uff0c\u7136\u800c\u5bf9\u5e7f\u5927\u7684\u6295\u8d44\u8005…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[],"class_list":["post-32842","post","type-post","status-publish","format-standard","hentry","category-canada"],"_links":{"self":[{"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/posts\/32842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/comments?post=32842"}],"version-history":[{"count":0,"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/posts\/32842\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/media?parent=32842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/categories?post=32842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinesepress.com\/pre\/wp-json\/wp\/v2\/tags?post=32842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}