{"id":38314,"date":"2026-02-23T18:44:57","date_gmt":"2026-02-23T18:44:57","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/38314\/"},"modified":"2026-02-23T18:44:57","modified_gmt":"2026-02-23T18:44:57","slug":"bhargava-%e8%a1%a8%e7%a4%ba%ef%bc%8c%e9%9a%a8%e8%91%97%e7%be%8e%e5%9c%8b%e5%b0%87%e9%97%9c%e7%a8%85%e6%94%bf%e7%ad%96%e5%be%9e%e5%9f%ba%e6%96%bc%e3%80%8a%e5%9c%8b%e9%9a%9b%e7%b7%8a%e6%80%a5%e7%b6%93","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/38314\/","title":{"rendered":"Bhargava \u8868\u793a\uff0c\u96a8\u8457\u7f8e\u570b\u5c07\u95dc\u7a05\u653f\u7b56\u5f9e\u57fa\u65bc\u300a\u570b\u969b\u7dca\u6025\u7d93\u6fdf\u6b0a\u529b\u6cd5\u300b\uff08IEEPA\uff09\u7684\u5c0d\u7b49\u95dc\u7a05\u8f49\u5411\u7d71\u4e00\u7684\u300a\u7b2c122\u689d\u300b\u9644\u52a0\u8cbb\uff0c\u4e9e\u6d32\u6574\u9ad4\u53d7\u76ca"},"content":{"rendered":"

\u7f8e\u570b\u6700\u9ad8\u6cd5\u9662\u88c1\u6c7a\u5f8c\uff0c\u5c07\u5c0d\u7b49\u570b\u969b\u7dca\u6025\u7d93\u6fdf\u6b0a\u529b\u6cd5\u6848\uff08IEEPA\uff09\u95dc\u7a05\u6539\u70ba\u7d71\u4e00\u7684\u7b2c122\u689d\u9644\u52a0\u7a05\u3002\u5510\u7d0d\u5fb7\u00b7\u5ddd\u666e\u7e3d\u7d71\u6700\u521d\u8a2d\u5b9a\u4e8610%\u7684\u9644\u52a0\u7a05\uff0c\u96a8\u5f8c\u57282\u670822\u65e5\u5c07\u5176\u63d0\u9ad8\u81f315%\u3002<\/p>\n\n

\u9019\u9805\u8b8a\u66f4\u964d\u4f4e\u4e86\u90e8\u5206\u4e9e\u6d32\u51fa\u53e3\u5546\u7684\u5be6\u969b\u95dc\u7a05\u7a05\u7387\u3002\u5728\u65b015%\u7684\u7a05\u7387\u4e0b\uff0c\u4e2d\u570b\u548c\u5370\u5ea6\u7684\u95dc\u7a05\u5206\u5225\u4e0b\u8abf\u4e867.1\u500b\u767e\u5206\u9ede\u548c5.6\u500b\u767e\u5206\u9ede\u3002<\/p>\n\n

\u96c6\u4e2d\u90e8\u9580\u95dc\u7a05\u6e1b\u514d<\/h3>\n\n

\u95dc\u7a05\u5f71\u97ff\u964d\u5e45\u6700\u5927\u7684\u7522\u696d\u662f\u53d7\u300a\u570b\u969b\u7d93\u6fdf\u8207\u6b0a\u529b\u6cd5\u6848\u300b\uff08IEEPA\uff09\u63aa\u65bd\u5f71\u97ff\u6700\u5927\u7684\u7522\u696d\uff0c\u5305\u62ec\u670d\u88dd\u3001\u73a9\u5177\u3001\u904a\u6232\u548c\u904b\u52d5\u7528\u54c1\u3001\u5bb6\u5177\u3001\u7167\u660e\u3001\u96fb\u6a5f\u548c\u98db\u6a5f\u3002<\/p>\n\n

\u9019\u4e9b\u7522\u54c1\u985e\u5225\u4e5f\u8207\u4e9e\u6d32\u751f\u7522\u5546\u5728\u5168\u7403\u4f9b\u61c9\u4e2d\u4f54\u64da\u8f03\u5927\u4efd\u984d\u7684\u9818\u57df\u76f8\u543b\u5408\u3002\u5148\u524dIEEPA\u95dc\u7a05\u8207\u65b0\u768415%\u9644\u52a0\u7a05\u4e4b\u9593\u7684\u5dee\u8ddd\u64f4\u5927\uff0c\u964d\u4f4e\u4e86\u9019\u4e9b\u985e\u5225\u51fa\u53e3\u7522\u54c1\u7684\u95dc\u7a05\u8ca0\u64d4\u3002<\/p>\n\n

\u9451\u65bc\u53bb\u5e74\u6839\u64da\u7b2c122\u689d\u898f\u5b9a\u5c07\u95dc\u7a05\u8abf\u6574\u70ba\u7d71\u4e00\u768415%\uff0c\u6700\u521d\u7684\u4e0d\u78ba\u5b9a\u6027\u5df2\u7d93\u6d88\u9664\u3002\u6211\u5011\u73fe\u5728\u61c9\u8a72\u95dc\u6ce8\u9019\u9805\u653f\u7b56\u7684\u65e2\u5f97\u53d7\u76ca\u8005\uff0c\u8207\u5148\u524d\u7684IEEPA\u95dc\u7a05\u76f8\u6bd4\uff0c\u9019\u9805\u653f\u7b56\u63d0\u4f9b\u4e86\u986f\u8457\u7684\u6e1b\u514d\u3002<\/p>\n\n

\u904e\u53bb\u5341\u4e8c\u500b\u6708\u7684\u6578\u64da\u8b49\u5be6\uff0c\u4e9e\u6d32\u4e3b\u8981\u7d93\u6fdf\u9ad4\u7684\u51fa\u53e3\u7af6\u722d\u529b\u5df2\u63d0\u9ad8\u3002\u5c0d\u65bc\u4ea4\u6613\u54e1\u800c\u8a00\uff0c\u9019\u610f\u5473\u8457\u8981\u95dc\u6ce8\u90a3\u4e9b\u5f9e\u9019\u9805\u8b8a\u5316\u4e2d\u53d7\u76ca\u6700\u5927\u7684\u4e2d\u570b\u548c\u5370\u5ea6\u80a1\u7968\u884d\u751f\u54c1\u3002<\/p>\n\n

\u4e2d\u570b\u8ca1\u65b0\u88fd\u9020\u696d\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\uff08PMI\uff09\u8868\u73fe\u51fa\u97cc\u6027\uff0c\u5728\u904e\u53bb\u4e00\u5e74\u7684\u5927\u90e8\u5206\u6642\u9593\u90fd\u4fdd\u6301\u572850\u9ede\u4ee5\u4e0a\uff0c\u986f\u793a\u8a72\u884c\u696d\u8655\u65bc\u64f4\u5f35\u72c0\u614b\u3002\u6211\u5011\u770b\u5230\u9019\u4e9b\u570b\u5bb6\u7684\u95dc\u7a05\u8ca0\u64d4\u5927\u5e45\u964d\u4f4e\uff0c\u4f7f\u5f97\u5176\u51fa\u53e3\u5c0e\u5411\u4f01\u696d\u66f4\u5177\u5438\u5f15\u529b\u3002<\/p>\n\n

\u5e02\u5834\u53ca\u884d\u751f\u6027\u5546\u54c1\u5f71\u97ff<\/h3>\n\n

\u5c0d\u65bc\u670d\u88dd\u3001\u73a9\u5177\u548c\u96fb\u6c23\u6a5f\u68b0\u7b49\u884c\u696d\u800c\u8a00\uff0c\u9019\u4e00\u9ede\u5c24\u5176\u7a81\u51fa\uff0c\u56e0\u70ba\u4e9e\u6d32\u751f\u7522\u5546\u5728\u9019\u4e9b\u884c\u696d\u4e2d\u4f54\u64da\u4e86\u8f03\u5927\u7684\u5e02\u5834\u4efd\u984d\u3002<\/p>\n\n

2025\u5e74\u5168\u5e74\uff0c\u8ffd\u8e64\u4e9e\u6d32\u5de5\u696d\u548c\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1\u7522\u696d\u7684ETF\u8868\u73fe\u6301\u7e8c\u512a\u65bc\u5927\u76e4\u6307\u6578\u3002\u81ea\u653f\u7b56\u8abf\u6574\u4ee5\u4f86\uff0c\u9019\u4e9b\u7279\u5b9a\u80a1\u7968\u7684\u96b1\u542b\u6ce2\u52d5\u7387\u53ef\u80fd\u6709\u6240\u4e0b\u964d\uff0c\u56e0\u6b64\uff0c\u8ce3\u51fa\u884c\u696d\u9818\u982d\u7f8a\u80a1\u7968\u7684\u770b\u8dcc\u671f\u6b0a\u7b49\u671f\u6b0a\u7b56\u7565\u6210\u70ba\u53ef\u884c\u7684\u9078\u64c7\u3002<\/p>\n\n

\u6211\u5011\u6b63\u5bc6\u5207\u95dc\u6ce8\u7f8e\u570b\u96f6\u552e\u92b7\u552e\u6578\u64da\uff0c\u4ee5\u5c0b\u627e\u4efb\u4f55\u9700\u6c42\u75b2\u8edf\u7684\u8de1\u8c61\uff0c\u56e0\u70ba\u5373\u4f7f\u662f15%\u7684\u56fa\u5b9a\u95dc\u7a05\u4e5f\u6703\u5f71\u97ff\u6d88\u8cbb\u8005\u50f9\u683c\u3002\u6700\u65b0\u7684\u7f8e\u570b\u5c31\u696d\u5831\u544a\u986f\u793a\uff0c\u85aa\u8cc7\u6210\u9577\u7387\u8f03\u53bb\u5e74\u540c\u671f\u7565\u5fae\u653e\u7de9\u81f33.9%\uff0c\u53ef\u80fd\u6703\u6291\u5236\u6d88\u8cbb\u8005\u652f\u51fa\u3002\u9019\u5c0d\u4e9e\u6d32\u51fa\u53e3\u5546\u7684\u6301\u7e8c\u7372\u5229\u80fd\u529b\u69cb\u6210\u91cd\u5927\u98a8\u96aa\u3002<\/p>\n\n

\u8cbf\u6613\u74b0\u5883\u7684\u6539\u5584\u4e5f\u70ba\u5916\u532f\u5e02\u5834\u5275\u9020\u4e86\u6a5f\u6703\u3002\u66f4\u7a69\u5b9a\u548c\u6709\u5229\u7684\u51fa\u53e3\u74b0\u5883\u652f\u6490\u4e86\u5370\u5ea6\u548c\u8d8a\u5357\u7b49\u570b\u7684\u8ca8\u5e63\u3002\u53ef\u4ee5\u8003\u616e\u4ea4\u6613\u5370\u5ea6\u76e7\u6bd4\u6216\u8d8a\u5357\u76fe\u514c\u7f8e\u5143\u7684\u884d\u751f\u6027\u5546\u54c1\uff0c\u4ee5\u5c0d\u6c96\u6216\u6295\u6a5f\u9019\u7a2e\u6301\u7e8c\u5f37\u52e2\u3002<\/p>\n\n\n

\u7acb\u5373\u958b\u59cb\u4ea4\u6613\uff0d\u9ede\u64ca\u9019\u88e1<\/a>\u5efa\u7acb\u60a8\u7684VT Markets\u771f\u5be6\u5e33\u865f\u3002 <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

\u7f8e\u570b\u6700\u9ad8\u6cd5\u9662\u88c1\u5b9a\u5f8c\uff0c\u95dc\u7a05\u7531\u4e92\u60e0IEEPA\u6539\u70baSection122\u7d71\u4e00\u52a0\u5fb515%\u3002\u4e2d\u570b\u3001\u5370\u5ea6\u95dc\u7a05\u5206\u5225\u964d7.1\u82075.6\u9ede\uff1b\u53d7\u60e0\u96c6\u4e2d\u670d\u98fe\u3001\u73a9\u5177\u8207\u96fb\u6a5f\u7b49\u4e9e\u6d32\u5f37\u52e2\u7522\u696d\uff0c\u5e36\u52d5\u51fa\u53e3\u3001\u80a1\u532f\u8207\u884d\u751f\u54c1\u6a5f\u6703\u3002<\/p>\n","protected":false},"author":74,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38314","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/38314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/74"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=38314"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/38314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=38314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=38314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=38314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}