鑻ョ編鑱斿偍杩囧害鏀剁揣骞跺鑷磋“閫€锛屾満鏋勯娴嬮噾浠峰洓瀛ｅ害杈?139缇庡厓

(相关资料图)

銆€銆€璁€斺€斿敖绠＄編鑱斿偍璁や负锛岀編鍥界殑閫氳儉鍦?025骞翠箣鍓嶄笉浼氬洖鍒扮洰鏍囨按骞筹紝鍒╃巼蹇呴』鏇翠箙淇濇寔鍦ㄨ緝楂樻按骞筹紝浣哤isdomTree鐨勪竴浠芥柊鐮旂┒鎶ュ憡璁や负锛岄€氳儉宸茬粡寰楀埌鎺у埗锛岃“閫€鐨勯闄╀粛鍦ㄤ笂鍗囥€?br />銆€銆€鏍规嵁WisdomTree鐨勬娲插ぇ瀹楀晢鍝佸拰瀹忚缁忔祹鐮旂┒涓荤Nitesh聽Shah鐨勮娉曪紝缇庤仈鍌ㄧ洰鍓嶇殑璺緞鍙兘杩滆秴鍏堕€氳儉鐩爣锛屽苟灏嗙編鍥界粡娴庡甫鍏ヨ“閫€銆?br />銆€銆€Shah鍦ㄦ渶鏂扮殑榛勯噾灞曟湜鎶ュ憡涓啓閬擄細鈥滃彲浠ヨ锛岀編鍥界殑閫氳儉姝ｅ湪澶у箙涓嬮檷銆傜劧鑰岋紝CPI璁＄畻涓檲鏃х殑浣忔埧鏁版嵁鎺╃洊浜嗙幇瀹炪€俉isdomTree璁＄畻鐨勫彟涓€绉嶉€氳儉鎸囨爣(鐢ㄥ疄鏃朵綇鎴挎寚鏍囦唬鏇夸綇鎴块€氳儉)鏄剧ず锛岀編鍥界殑鏁翠綋閫氳儉涓?.4%锛岃€屼笉鏄編鍥藉姵宸ョ粺璁″眬瀹樻柟鐨?.1%锛岃€屼娇鐢ㄥ疄鏃舵寚鏍囪绠楃殑鏍稿績閫氳儉涓?.1%锛屽嚑涔庝笌缇庤仈鍌ㄧ殑鐩爣閫氳儉瀹屽叏涓€鑷淬€傗€?br />銆€銆€Shah鎸囧嚭锛岀編鍥藉姵宸ョ粺璁″眬鐨勫畼鏂规姤鍛婁腑浣跨敤鐨勪綇鎴块€氳儉鎸囨爣鐩墠鍦ㄨ繃鍘?2涓湀閲屼负8%銆備粬琛ㄧず锛氣€滀絾鎴戜滑鐨勬浛浠ｆ寚鏍囨樉绀轰綇鎴夸环鏍间笂娑ㄤ簡0.5%銆傝繖涓崟涓€鍙橀噺鐨勫彉鍖栧皢鏋佸ぇ鍦版敼鍙樼編鑱斿偍鐨勯€氳儉鎻忚堪锛屽苟琛ㄦ槑缇庤仈鍌ㄥ簲璇ュ仠姝㈠姞鎭€傗€?center>500)this.width=500" align="center" hspace="10" vspace="10" rel="nofollow">浠栧紩鐢ㄤ簡缇庤仈鍌ㄦ渶鏂扮殑鐐归樀鍥撅紝璇ュ浘鏄剧ず锛岃仈閭﹀叕寮€甯傚満濮斿憳浼?FOMC)鎴愬憳浠嶉璁″皢杩涗竴姝ュ姞鎭€備粬璇达細鈥滆繖鍙兘浼氬仛寰楄繃鐏紝鎻愰珮浜嗙粡娴庤“閫€鐨勯闄┿€備竴鏃﹁€冭檻鍒版粸鍚庡洜绱狅紝蹇€熷姞鎭彲鑳戒細浜х敓宸ㄥぇ褰卞搷銆傗€?br />銆€銆€濡傛灉浠ユ敹鐩婄巼鏇茬嚎鍊掓寕鏉ヨ　閲忚“閫€椋庨櫓锛屼粬璁や负锛屽埌2024骞翠腑鏈燂紝缇庡浗缁忔祹闄峰叆琛伴€€鐨勫彲鑳芥€т负70%銆?br />銆€銆€Shah琛ㄧず锛氣€滅航绾﹁仈鍌ㄩ摱琛岀殑妯″瀷鍦ㄧ‘瀹氳繃鍘荤殑缁忔祹琛伴€€鏂归潰鏈夌潃鐩稿綋濂界殑璁板綍锛屽洜姝ゅ緢闅惧拷瑙嗚繖涓€璀﹀憡淇″彿銆傗€濅粬琛ュ厖绉帮紝闅忕潃琛伴€€椋庨櫓涓婂崌锛屾姇璧勮€呭簲灏嗛粍閲戣涓衡€滈槻寰℃€ц祫浜р€濄€?br />銆€銆€Shah浣跨敤WisdomTree鐨勯粍閲戝畾閲忔ā鍨嬫潵鐮旂┒鏈€杩戞帹鍔ㄩ噾浠风殑鍥犵礌銆備粬琛ㄧず锛氣€滄垜浠彲浠ョ湅鍒帮紝閫氳儉姝ｅ湪鏀剧紦锛屽洜姝ゅ閲戜环鐨勬敮鎾戜綆浜庡幓骞淬€傚榛勯噾鐨勬姇璧勮€呬汉姘旀湁鎵€鍥炲崌(浠ユ姇鏈轰粨浣嶈　閲?锛屽凡鍩烘湰瓒嬩簬绋冲畾銆傚€哄姟涓婇檺鐨勫欢闀匡紝浠ュ強灏忓瀷閾惰鍗辨満鐨勮繃鍘?杩勪粖娌℃湁浜х敓浠讳綍閲嶅ぇ鐨勭郴缁熸€у奖鍝?锛屽凡缁忓急鍖栦簡鎶曡祫鑰呭榛勯噾鐨勯渶姹傘€傗€?br />銆€銆€浣嗕粬琛ュ厖璇达紝涓?022骞寸浉姣旓紝缇庡厓鐨勪笅璺屾鍦ㄤ负榛勯噾鎻愪緵鏀拺銆?br />銆€銆€浠栧啓閬擄細鈥滄垜浠殑鍏辫瘑鏄牴鎹笓涓氱殑缁忔祹瀛﹀璋冩煡瀵归€氳儉銆佺編鍏冨拰缇庡€烘敹鐩婄巼棰勬祴鐨勫钩鍧囩湅娉曞緱鍑虹殑銆傚競鍦烘櫘閬嶉鏈燂紝閫氳儉灏嗙户缁笅闄?灏界楂樹簬缇庤仈鍌ㄧ殑鐩爣)锛岀編鍏冨皢璐€硷紝鍊哄埜鏀剁泭鐜囧皢缁х画涓嬮檷銆傚湪瀵归粍閲戜汉姘旀病鏈夊叡璇嗛娴嬬殑鎯呭喌涓嬶紝鎴戜滑闄嶄綆浜嗘姇鏈哄ご瀵革紝浠?023骞?鏈堟帴杩?8涓囩殑楂樹綅闄嶈嚦淇濆畧鐨?0涓囷紝鎺ヨ繎闀挎湡骞冲潎姘村钩銆傚鏋滅粡娴庤“閫€鎴栭噾铻嶉敊浣嶆垚涓虹幇瀹烇紝浠婂勾鐨勯闄╂樉鐒舵槸涓婅鐨勩€傗€?br />銆€銆€Shah鍐欓亾锛岀粡娴庤“閫€鍙兘浼氭帹楂橀粍閲戦渶姹傘€備粬璇达細鈥滃湪鏅亶鐨勬儏鍐典笅锛屽埌2024骞寸浜屽搴︼紝閲戜环灏嗚揪鍒?225缇庡厓/鐩庡徃锛屽埌2023骞寸鍥涘搴︼紝灏嗙獊鐮存鍓嶇殑鍘嗗彶鍚嶄箟楂樼偣(2020骞?鏈?鏃ョ殑2061缇庡厓/鐩庡徃)锛岃揪鍒?139缇庡厓/鐩庡徃銆傜劧鑰岋紝鎸夊疄闄呬环鍊艰绠楋紝杩欏苟娌℃湁杈惧埌1980骞?鏈堣揪鍒扮殑鍘嗗彶鏈€楂樻按骞筹紝浜嬪疄涓婃瘮杩欎竴姘村钩浣?4%銆傝€屼笖锛屾寜瀹為檯浠峰€艰绠楋紝浠嶆瘮2020骞寸殑楂樼偣浣?0%銆傗€?br />銆€銆€WisdomTree鐨勭湅娑ㄦ儏鍐电殑鍋囪鏄紝缇庤仈鍌ㄥ缁忔祹琛伴€€鐨勮抗璞℃劅鍒版媴蹇э紝骞惰浆鍚戞洿蹇檷鎭€備粬璇达細鈥滃鏋滅編鑱斿偍鍦?023骞寸瀛ｄ箣鍓嶅紑濮嬭揣甯佹墿寮狅紝鍊哄埜鏀剁泭鐜囧皢浼氫笅闄嶏紝鍋囪缇庤仈鍌ㄥ厛浜庢娲插ぎ琛屽拰鍏朵粬涓昏澶閲囧彇琛屽姩锛屾垜浠彲鑳戒細鐪嬪埌缇庡厓浼氫互鏇村揩鐨勯€熷害璐€笺€傛垜浠涓猴紝鐢变簬缇庤仈鍌ㄦ斁鏉捐揣甯佺姸鍐碉紝閫氳儉灏嗘瘮鏅亶棰勬湡鐨勬儏鍐垫洿涓哄己鍔层€傗€?br />銆€銆€Shah鍐欓亾锛屽鏋滆繖浜涜“閫€鎷呭咖鎴愪负鐜板疄锛岄粍閲戞湡璐у皢淇濇寔楂樹綅銆備粬璇达細鈥滃湪杩欑鎯呭喌涓嬶紝閲戜环鍙兘杈惧埌2490缇庡厓/鐩庡徃銆傝繖灏嗘瘮鍘嗗彶鍚嶄箟楂樼偣(2020骞?鏈堣揪鍒?楂樺嚭22%锛屼笌瀹為檯姘村钩澶ц嚧鐩稿悓銆備絾鏄紝杩欏皢姣?980骞磋揪鍒扮殑鍘嗗彶瀹為檯鏈€楂樻按骞充綆28%銆傗€?br />銆€銆€鍦⊿hah鐨勭湅璺屾儏鍐典笅锛岀編鑱斿偍杩囧害鏀剁揣鏀跨瓥锛孋PI璺岃嚦鍏剁洰鏍囨按骞充互涓嬭嚦1.8%銆備粬琛ㄧず锛氣€滅敱浜庤繃搴︾儹蹇冪殑缇庤仈鍌ㄨ窇璧簡鍏跺畠澶锛屽€哄埜鏀剁泭鐜囦笂鍗囷紝缇庡厓鍗囧€笺€傚敖绠℃垜浠壙璁よ繖绉嶆儏鍐典細澧炲姞琛伴€€椋庨櫓锛屽洜姝ゅ彲鑳藉榛勯噾鏈夊埄锛屽惛寮曟洿澶氭姇璧勮€呮妸榛勯噾浣滀负瀵瑰啿宸ュ叿锛屼絾涓轰簡鎼缓璐熼潰鍦烘櫙锛屾垜浠秷鍑忛粍閲戞湡璐х殑鎶曟満澶村鑷?涓囥€傗€濅粬琛ㄧず锛屽湪WisdomTree鏈€鎮茶鐨勬儏鍐典笅锛岄噾浠峰彲鑳借揪鍒?710缇庡厓/鐩庡徃锛屽洖鍒?022骞?1鏈堢殑姘村钩銆傗€?center>500)this.width=500" align="center" hspace="10" vspace="10" rel="nofollow">鐜拌揣榛勯噾鏃ョ嚎鍥?br />銆€銆€鍖椾含鏃堕棿8鏈?鏃?4:55锛岀幇璐ч粍閲戞姤1949.45缇庡厓/鐩庡徃 杩斿洖澶栨眹缃戦椤碉紝鏌ョ湅鏇村>>

关键词：