{"id":1833,"date":"2025-08-16T21:57:44","date_gmt":"2025-08-16T21:57:44","guid":{"rendered":"https:\/\/techanalysisnews.gr\/?p=1833"},"modified":"2026-08-08T21:48:27","modified_gmt":"2026-08-08T21:48:27","slug":"%e7%be%8e%e5%9b%bd%e5%b8%82%e5%9c%ba%e5%91%a8%e6%9c%9f","status":"publish","type":"post","link":"https:\/\/techanalysisnews.gr\/zh\/usa-market-cycle\/","title":{"rendered":"\u534e\u5c14\u8857\u7684\u6210\u719f\u5468\u671f\u662f\u5426\u5373\u5c06\u8fbe\u5230\u9876\u5cf0\uff1f ;"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"1833\" class=\"elementor elementor-1833\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a6e748 e-flex e-con-boxed e-con e-parent\" data-id=\"6a6e748\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-186e1e3 elementor-widget elementor-widget-html\" data-id=\"186e1e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\u5bcc\u8fbe\u5168\u7403\u5b8f\u89c2\u7ecf\u6d4e\u603b\u76d1\u5c24\u91cc\u6069\u00b7\u8482\u9ed8\uff08Jurrien Timmer\uff09\u8868\u793a\uff0c\u4f30\u503c\u548c\u76c8\u5229\u80fd\u529b\u5c06\u51b3\u5b9a\u5e02\u573a\u7684\u672a\u6765\u8d70\u52bf\u3002\n\n<!-- Elementor HTML Block: \u0391\u03bd\u03b1\u03bb\u03c5\u03c4\u03b9\u03ba\u03cc \u03ac\u03c1\u03b8\u03c1\u03bf \u03bc\u03b5 8 \u03b3\u03c1\u03b1\u03c6\u03ae\u03bc\u03b1\u03c4\u03b1 (lightbox) \u03b2\u03b1\u03c3\u03b9\u03c3\u03bc\u03ad\u03bd\u03bf \u03c3\u03c4\u03b1 \u03bb\u03cc\u03b3\u03b9\u03b1 \u03c4\u03bf\u03c5 Jurrien Timmer, \u03c3\u03b5 \u03c4\u03c1\u03af\u03c4\u03bf \u03c0\u03c1\u03cc\u03c3\u03c9\u03c0\u03bf. \u03a7\u03c9\u03c1\u03af\u03c2 \u03c4\u03af\u03c4\u03bb\u03bf. -->\n<style>\n  .jt-wrap{max-width:880px;margin:0 auto;padding:4px 0;line-height:1.9;font-family:system-ui,-apple-system,Segoe UI,Roboto,Helvetica,Arial,sans-serif;color:#111}\n  .jt-wrap p{margin:1rem 0}\n  .jt-wrap figure{margin:1.2rem 0}\n  .jt-wrap img{width:100%;height:auto;border-radius:10px;display:block}\n  .jt-wrap figcaption{font-size:.95rem;color:#555;margin-top:.45rem}\n  .jt-wrap em{font-style:normal;color:#222}\n<\/style>\n\n<article class=\"jt-wrap\" lang=\"el\">\n  <!-- \u03a0\u03c1\u03cc\u03bb\u03bf\u03b3\u03bf\u03c2: \u03c0\u03bf\u03b9\u03bf\u03c2 \u03b5\u03af\u03bd\u03b1\u03b9 \u03bf \u03b1\u03bd\u03b1\u03bb\u03c5\u03c4\u03ae\u03c2 & \u03c4\u03b9 \u03b5\u03be\u03b5\u03c4\u03ac\u03b6\u03b5\u03b9 -->\n  <p><strong><a href=\"https:\/\/www.linkedin.com\/in\/jurrien-timmer-fidelity\/\" target=\"_blank\" rel=\"noopener nofollow\">\u5c24\u91cc\u6069\u00b7\u8482\u9ed8<\/a><\/strong>, \uff0c\u5bcc\u8fbe\u6295\u8d44\uff08Fidelity Investments\uff09\u5168\u7403\u5b8f\u89c2\u7814\u7a76\u603b\u76d1\uff08Director of Global Macro\uff09\u3002\u4ed6\u8d1f\u8d23\u5206\u6790\u5168\u7403\u7ecf\u6d4e\u5468\u671f\u3001\u8d44\u4ea7\u4f30\u503c\u53ca\u8d44\u4ea7\u914d\u7f6e\u7b56\u7565\u3002<\/p>\n  \n  <p>\u5728\u672c\u4efd\u5206\u6790\u62a5\u544a\u4e2d\uff0c\u4f5c\u8005\u7ed3\u5408\u4e86\u5386\u53f2\u6570\u636e\u3001\u4f30\u503c\u6a21\u578b\u4ee5\u53ca\u80a1\u4e1c\u5206\u7ea2\u6570\u636e\uff0c\u4ee5\u9610\u660e\u5f53\u524d\u5e02\u573a\u6240\u5904\u7684\u4f4d\u7f6e\u4ee5\u53ca\u672a\u6765\u53ef\u80fd\u7684\u8d70\u52bf\u3002 \u5176\u6838\u5fc3\u89c2\u70b9\u662f\uff0c\u7f8e\u56fd\u5e02\u573a\u7684\u4e0a\u6da8\u5728\u5f88\u5927\u7a0b\u5ea6\u4e0a\u4ecd\u7531\u00ab\u4f30\u503c\u500d\u6570\u00bb\u9a71\u52a8\uff0c\u800c\u56fd\u9645\u53d1\u8fbe\u5e02\u573a\u5219\u6b63\u5728\u79ef\u805a\u4e0a\u6da8\u52a8\u80fd\u3002<\/p>\n\n  <!-- 1) \u03a0\u03bf\u03bb\u03c5\u03b5\u03c4\u03ae\u03c2 \u03c4\u03ac\u03c3\u03b7 & \u03c0\u03ce\u03c2 \u03c4\u03b5\u03bb\u03b5\u03b9\u03ce\u03bd\u03bf\u03c5\u03bd \u03bf\u03b9 \u03c5\u03c0\u03b5\u03c1-\u03ba\u03cd\u03ba\u03bb\u03bf\u03b9 -->\n  <p>\u4ed6\u6307\u51fa\uff0c\u81ea2009\u5e74\u4ee5\u6765\uff08\u6309\u4ed6\u7684\u7edf\u8ba1\uff09\uff0c\u7f8e\u56fd\u5e02\u573a\u4e00\u76f4\u5904\u4e8e\u957f\u671f\u4e0a\u6da8\u8d8b\u52bf\u4e2d\u3002\u73b0\u5728\u7684\u95ee\u9898\u5df2\u4e0d\u518d\u662f\u8fd9\u79cd\u8d8b\u52bf\u662f\u5426\u5b58\u5728\uff0c\u800c\u662f\u5b83\u5c06\u5982\u4f55\u6536\u573a\uff1a \u662f\u00ab\u5e73\u9759\u00bb\u8fd8\u662f\u00ab\u52a8\u8361\u00bb\u3002\u4ed6\u63d0\u9192\u9053\uff0c1982\u20132000\u5e74\u8fd9\u4e00\u65f6\u671f\u4ee5\u4e92\u8054\u7f51\u6ce1\u6cab\u7684\u7834\u706d\u800c\u8f70\u7136\u843d\u5e55\uff0c \u800c1949\u20131968\u5e74\u8fd9\u4e00\u65f6\u671f\u5219\u4ee5\u8f83\u4e3a\u5e73\u7a33\u7684\u65b9\u5f0f\u6536\u5b98\uff0c\u671f\u95f4\u51fa\u73b0\u4e86\u6e29\u548c\u7684\u65b0\u9ad8\uff0c\u4f46\u4fee\u6b63\u5e45\u5ea6\u5374\u8d8a\u6765\u8d8a\u5927\u3002\u4e0b\u56fe\u53cd\u6620\u4e86\u8fd9\u79cd\u6536\u5b98\u65b9\u5f0f\u7684\u5dee\u5f02\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_1.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"Secular Trends \u2013 \u03a0\u03bf\u03bb\u03c5\u03b5\u03c4\u03ae\u03c2 \u03c4\u03ac\u03c3\u03b7\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1aSecular Trends \u2013 \u591a\u5e74\u8d8b\u52bf\" data-rel=\"lightbox-image-0\" data-magnific_type=\"image\" data-rl_title=\"chart_1\" data-rl_caption=\"\" title=\"\u56fe\u8868_1\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_1.png\"\n           alt=\"\u957f\u671f\u8d8b\u52bf\uff1a\u5386\u53f2\u6f14\u53d8\u8f68\u8ff9\u53ca\u4e0a\u5347\u5468\u671f\u7684\u7ed3\u675f\u65b9\u5f0f\"\n           loading=\"lazy\" decoding=\"async\" fetchpriority=\"high\">\n    <\/a>\n    <figcaption>\u56fe1\u2014\u2014\u591a\u5e74\u725b\u5e02\u5468\u671f\u7ed3\u675f\u7684\u4e24\u79cd\u4e0d\u540c\u65b9\u5f0f\uff1a\u00ab\u5d29\u76d8\u00bb\uff08\u4e92\u8054\u7f51\u6ce1\u6cab\uff09\u4e0e\u5e73\u7a33\u8870\u9000\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 2) \u0391\u03bd\u03b1\u03bb\u03bf\u03b3\u03af\u03b1 \u03bc\u03b5 1960s & \u03c4\u03b9 \u03b4\u03b5\u03af\u03c7\u03bd\u03b5\u03b9 \u03c4\u03bf CAPE -->\n  <p>\u5230\u76ee\u524d\u4e3a\u6b62\uff0c\u5f53\u524d\u7684\u957f\u671f\u8d70\u52bf\u66f4\u8ba9\u4eba\u8054\u60f3\u523020\u4e16\u7eaa60\u5e74\u4ee3\uff0c\u800c\u975e90\u5e74\u4ee3\u672b\u3002\u5728\u6b64\uff0c\u8be5\u6a21\u578b\u5f15\u5165\u4e86 <strong>CAPE<\/strong> \u2014 \u7ecf\u5468\u671f\u8c03\u6574\u7684\u5e02\u76c8\u7387\uff0c\u5176\u4e2d\u6536\u76ca\u4ee5\u5341\u5e74\u5e73\u5747\u503c\u8ba1\u7b97\uff0c\u4ee5\u5e73\u6ed1\u5468\u671f\u6ce2\u52a8\u3002 \u5f53\u524d\u8f83\u9ad8\u7684\u4f30\u503c\uff08\u9ad8CAPE\uff09\u9884\u793a\u7740\u672a\u6765\u56de\u62a5\u7387\u5c06\u8d70\u4f4e\uff0c\u4f46\u5728\u8fbe\u5230\u5cf0\u503c\u4e4b\u524d\uff0c\u5f80\u5f80\u4f1a\u5148\u7ecf\u5386\u4e00\u6bb5\u52a0\u901f\u4e0a\u6da8\u7684\u9636\u6bb5\u3002 \u4ed6\u8868\u793a\uff0c\u8fd9\u79cd\u60c5\u51b5\u5f88\u53ef\u80fd\u5728\u672a\u6765\u51e0\u5e74\u5185\u53d1\u751f\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_2.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"CAPE Model \u2013 \u0395\u03ba\u03c4\u03af\u03bc\u03b7\u03c3\u03b7 \u03c0\u03bf\u03c1\u03b5\u03af\u03b1\u03c2\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1aCAPE\u6a21\u578b\u2014\u2014\u8d70\u52bf\u8bc4\u4f30\" data-rel=\"lightbox-image-1\" data-magnific_type=\"image\" data-rl_title=\"chart_2\" data-rl_caption=\"\" title=\"chart_2\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_2.png\"\n           alt=\"CAPE\u6a21\u578b\uff1a\u4f30\u503c\u4e0e\u672a\u6765\u6536\u76ca\u7387\u7684\u5173\u7cfb\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe\u88682\u2014\u2014CAPE\u4f5c\u4e3a\u4e2d\u957f\u671f\u56de\u62a5\u7684\u6307\u5f15\uff1a\u89c1\u9876\u524d\u53ef\u80fd\u51fa\u73b0\u52a0\u901f\u4e0a\u6da8\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 3) \u0399\u03c3\u03c4\u03bf\u03c1\u03b9\u03ba\u03ac \u03b1\u03bd\u03ac\u03bb\u03bf\u03b3\u03b1 & \u03c0\u03b1\u03bb\u03b9\u03bd\u03b4\u03c1\u03cc\u03bc\u03b7\u03c3\u03b7 -->\n  <p>\u5c3d\u7ba1\u8fd9\u8f6e\u725b\u5e02\u5df2\u6301\u7eed\u4e8616\u5e74\u4e4b\u4e45\uff0c \u4f461949\u20131968\u5e74\u548c1982\u20132000\u5e74\u8fd9\u4e24\u4e2a\u65f6\u671f\u7684\u5386\u53f2\u6570\u636e\u8868\u660e\uff0c\u53ef\u80fd\u8fd8\u6709\u51e0\u8f6e\u4e0a\u6da8\u884c\u60c5\uff0c\u6709\u671b\u521b\u4e0b\u65b0\u7684\u8fde\u7eed\u9ad8\u70b9\u3002 \u6839\u636e\u56de\u5f52\u7ebf\u5206\u6790\uff0c\u8fd9\u4e24\u4e2a\u6a21\u5f0f\u4e0e\u5f53\u524d\u8d70\u52bf\u9ad8\u5ea6\u543b\u5408\uff0c\u8fd9\u8fdb\u4e00\u6b65\u5370\u8bc1\u4e86\u8d85\u7ea7\u5468\u671f\u5c1a\u672a\u7ed3\u675f\u7684\u5224\u65ad\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_3.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"Secular Bull Market Analogs \u2013 \u039f\u03bc\u03bf\u03b9\u03cc\u03c4\u03b7\u03c4\u03b5\u03c2\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1a\u957f\u671f\u725b\u5e02\u7c7b\u6bd4\u2014\u2014\u76f8\u4f3c\u4e4b\u5904\" data-rel=\"lightbox-image-2\" data-magnific_type=\"image\" data-rl_title=\"chart_3\" data-rl_caption=\"\" title=\"\u56fe\u8868_3\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_3.png\"\n           alt=\"\u4e0e\u5f53\u524d\u8f68\u8ff9\u53ca\u56de\u5f52\u7ebf\u76f8\u6bd4\u7684\u5386\u53f2\u7c7b\u4f3c\u8d85\u5468\u671f\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe\u88683\u2014\u2014\u5f53\u524d\u8d70\u52bf\u4e0e\u5386\u53f2\u6a21\u5f0f\u00ab\u543b\u5408\u00bb\uff0c\u4e3a\u540e\u7eed\u8d70\u52bf\u7559\u6709\u4f59\u5730\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 4) \u0391\u03c0\u03cc \u03c4\u03b9\u03c2 \u0397\u03a0\u0391 \u03c3\u03c4\u03bf\u03bd \u03ba\u03cc\u03c3\u03bc\u03bf: \u03b1\u03c0\u03bf\u03c4\u03b9\u03bc\u03ae\u03c3\u03b5\u03b9\u03c2 & \u03b4\u03b9\u03b1\u03bd\u03bf\u03bc\u03ad\u03c2 -->\n  <p>\u591a\u5e74\u6765\uff0c\u7f8e\u56fd\u80a1\u5e02\u4e00\u76f4\u5360\u636e\u4e3b\u5bfc\u5730\u4f4d\uff0c\u800c\u7f8e\u56fd\u4ee5\u5916\u7684\u5e02\u573a\u867d\u7136\u770b\u4f3c\u4f30\u503c\u8f83\u4f4e\uff0c\u4f46\u5728\u57fa\u672c\u9762\u4e0a\u5374\u7f3a\u4e4f\u5b9e\u8d28\u6027\u7684\u50ac\u5316\u5242\u3002<\/p>\n\n  <p>\u8fd9\u79cd\u60c5\u51b5\u6700\u8fd1\u53d1\u751f\u4e86\u53d8\u5316\u2014\u2014\u81f3\u5c11\u5bf9\u4e8eMSCI EAFE\uff08\u6b27\u6d32\u3001\u6fb3\u5927\u62c9\u897f\u4e9a\u53ca\u8fdc\u4e1c\uff09\u6307\u6570\u6240\u6db5\u76d6\u7684\u53d1\u8fbe\u56fd\u9645\u5e02\u573a\u800c\u8a00\u662f\u5982\u6b64\uff0c\u8be5\u6307\u6570\u5305\u62ec\u82f1\u56fd\u3001 \u6cd5\u56fd\u3001\u5fb7\u56fd\u3001\u745e\u58eb\u3001\u897f\u73ed\u7259\u3001\u610f\u5927\u5229\u3001\u8377\u5170\u3001\u745e\u5178\u3001\u6fb3\u5927\u5229\u4e9a\u3001\u65e5\u672c\u3001\u9999\u6e2f\u548c\u65b0\u52a0\u5761\u7b49\u56fd\u5bb6\u3002<\/p>\n\n  <p><strong>2025\u5e747\u6708\uff1a<\/strong> MSCI USA\u6307\u6570\u7684\u8fdc\u671f\u5e02\u76c8\u7387\u4e3a22.5\u500d\uff0c5\u5e74\u80a1\u606f\u590d\u5408\u5e74\u589e\u957f\u7387\uff08CAGR\uff09\u4e3a6%\uff0c\u6d3e\u606f\u7387\u4e3a76%\u3002 MSCI EAFE\u6307\u6570\u7684\u6d3e\u606f\u7387\u540c\u6837\u4e3a77%\uff0c\u4f46\u5176\u80a1\u606f\u590d\u5408\u5e74\u589e\u957f\u7387\uff08CAGR\uff09\u66f4\u9ad8\uff0c\u8fbe\u523010%\uff0c\u5e02\u76c8\u7387\u5219\u4f4e\u5f97\u591a\uff0c\u4ec5\u4e3a14.5\u500d\u3002 \u53e6\u4e00\u65b9\u9762\uff0cMSCI EM\uff08\u65b0\u5174\u5e02\u573a\uff09\u6307\u6570\u6db5\u76d6\u4e86\u4e2d\u56fd\u3001\u5370\u5ea6\u3001 \u5df4\u897f\u3001\u53f0\u6e7e\u3001\u97e9\u56fd\u3001\u5357\u975e\u3001\u6c99\u7279\u963f\u62c9\u4f2f\u3001\u58a8\u897f\u54e5\u3001\u6cf0\u56fd\u548c\u5370\u5ea6\u5c3c\u897f\u4e9a\u7b49\u56fd\u5bb6\uff0c \u5176\u5e02\u76c8\u7387\u66f4\u4f4e\uff0c\u4e3a13.2\u500d\uff0c\u4f46\u80a1\u606f\u589e\u957f\u7387\u8f83\u5f31\uff085%\uff09\uff0c\u6d3e\u606f\u7387\u4e5f\u660e\u663e\u8f83\u4f4e\uff0846%\uff09\u3002<\/p>\n\n  <p>\u8be5\u6563\u70b9\u56fe\u5728\u7eb5\u8f74\u4e0a\u5c55\u793a\u4e86\u524d\u77bb\u5e02\u76c8\u7387\uff08\u80a1\u4ef7\u4e0e\u9884\u671f\u6536\u76ca\u4e4b\u6bd4\u2014\u2014\u5373\u6295\u8d44\u8005\u4e3a\u6bcf\u5355\u4f4d\u672a\u6765\u6536\u76ca\u652f\u4ed8\u7684\u91d1\u989d\uff09\uff0c\u5728\u6a2a\u8f74\u4e0a\u5c55\u793a\u4e86\u6d3e\u606f\u7387 \uff08\u901a\u8fc7\u80a1\u606f\u548c\u80a1\u7968\u56de\u8d2d\u8fd4\u8fd8\u7ed9\u80a1\u4e1c\u7684\u5229\u6da6\u6bd4\u4f8b\uff09\u8fdb\u884c\u5bf9\u6bd4\u3002\u6bcf\u4e2a\u6570\u636e\u70b9\u7684\u5927\u5c0f\u5bf9\u5e94\u4e8e\u5206\u7ea2\u76845\u5e74\u590d\u5408\u5e74\u589e\u957f\u7387\uff08CAGR\uff09\u3002 \u6839\u636e\u6298\u73b0\u73b0\u91d1\u6d41\u7406\u8bba\uff0c\u6700\u7ec8\u6d41\u5411\u80a1\u4e1c\u7684\u6536\u76ca\u2014\u2014\u5373\u6d3e\u606f\u2014\u2014\u6bd4\u516c\u53f8\u7684\u00ab\u6bdb\u00bb\u5229\u6da6\u66f4\u5177\u51b3\u5b9a\u6027\u610f\u4e49\u3002<\/p>\n\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_4.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"Global Valuation \u2013 USA, EAFE, EM\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1a\u5168\u7403\u4f30\u503c\u2014\u2014\u7f8e\u56fd\u3001EAFE\u3001\u65b0\u5174\u5e02\u573a\" data-rel=\"lightbox-image-3\" data-magnific_type=\"image\" data-rl_title=\"chart_4\" data-rl_caption=\"\" title=\"\u56fe\u8868_4\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_4.png\"\n           alt=\"\u5168\u7403\u4f30\u503c\uff1aMSCI\u7f8e\u56fd\u3001EAFE\u548c\u65b0\u5174\u5e02\u573a\u6307\u6570\u7684\u524d\u77bb\u5e02\u76c8\u7387\u548c\u6d3e\u606f\u7387\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe\u88684 \u2014 2025\u5e747\u6708\uff1a\u7f8e\u56fd\u5e02\u76c8\u738722.5\u500d\uff0c\u6d3e\u606f\u738776%\uff0c5\u5e74\u6d3e\u606f\u589e\u957f\u73876% \u00b7 EAFE 14.5\u500d\uff0c77%\uff0c10% \u00b7 \u65b0\u5174\u5e02\u573a 13.2\u500d\uff0c46%\uff0c5%\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 5) \u03a0\u03bf\u03cd \u03c5\u03c0\u03b5\u03c1\u03ad\u03c7\u03b5\u03b9 \u03b7 EAFE & \u03b3\u03b9\u03b1\u03c4\u03af \u03ad\u03c7\u03b5\u03b9 \u00ab\u03c4\u03b9\u03bc\u03ae \u03c3\u03c4\u03b1 2\/3\u00bb -->\n  <p>\u6839\u636e\u6570\u636e\uff0c\u9664\u7f8e\u56fd\u4ee5\u5916\u7684\u53d1\u8fbe\u5e02\u573a\uff08EAFE\uff09\u5728\u4f30\u503c\u4e0e\u57fa\u672c\u9762\u65b9\u9762\u4f3c\u4e4e\u66f4\u5177\u4f18\u52bf\u3002 \u4e0e\u7f8e\u56fd\u5e02\u573a\u76f8\u6bd4\uff0c\u8fd9\u4e9b\u5e02\u573a\u63d0\u4f9b\u4e86\u76f8\u4f3c\u751a\u81f3\u66f4\u5f3a\u52b2\u7684\u6536\u76ca\u589e\u957f\u52bf\u5934\uff0c\u4f46\u5e02\u76c8\u7387\u5374\u660e\u663e\u66f4\u4f4e\u3002<\/p>\n  \n  <p>\u5168\u7403\u80a1\u606f\u589e\u957f\u56fe\u8868\u663e\u793a\uff0c\u9664\u7f8e\u56fd\u4ee5\u5916\u7684\u53d1\u8fbe\u5e02\u573a\u5df2\u5448\u73b0\u51fa\u5f3a\u52b2\u52bf\u5934\uff0c\u65e0\u8bba\u662f\u5728\u80a1\u606f\u91d1\u989d\u8fd8\u662f\u5360\u5229\u6da6\u7684\u6bd4\u4f8b\u65b9\u9762\u5747\u662f\u5982\u6b64\u3002 \u6362\u8a00\u4e4b\uff0c\u76ee\u524d\u6295\u8d44\u8005\u53ea\u9700\u652f\u4ed8\u7f8e\u56fd\u80a1\u7968\u8981\u4ef7\u7684\u7ea6\u4e09\u5206\u4e4b\u4e8c\uff0c\u4fbf\u80fd\u83b7\u5f97\u76f8\u5f53\u2014\u2014\u751a\u81f3\u5728\u67d0\u4e9b\u60c5\u51b5\u4e0b\u66f4\u4f18\u2014\u2014\u7684\u57fa\u672c\u9762\u4ef7\u503c\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_5.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"Global Payout Growth \u2013 \u0386\u03bd\u03bf\u03b4\u03bf\u03c2 \u03c0\u03bb\u03b7\u03c1\u03c9\u03bc\u03ce\u03bd\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1a\u5168\u7403\u652f\u4ed8\u589e\u957f\u2014\u2014\u652f\u4ed8\u989d\u4e0a\u5347\" data-rel=\"lightbox-image-4\" data-magnific_type=\"image\" data-rl_title=\"chart_5\" data-rl_caption=\"\" title=\"\u56fe\u8868_5\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_5.png\"\n           alt=\"\u5168\u7403\u5206\u7ea2\u589e\u957f\uff1a\u53d1\u8fbe\u5e02\u573a\u80a1\u606f\u4e0e\u80a1\u7968\u56de\u8d2d\u53cc\u53cc\u4e0a\u5347\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe5\u2014\u2014\u53d1\u8fbe\u56fd\u9645\u5e02\u573a\u4e2d\u80a1\u606f\u6d3e\u53d1\u589e\u901f\u4e0e\u6d3e\u606f\u7387\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 6) \u0391\u03c0\u03cc \u03c4\u03bf\u03bd SPX 493 \u03c3\u03c4\u03b7 \u03b4\u03b9\u03b1\u03c3\u03c0\u03bf\u03c1\u03ac: \u03b3\u03b9\u03b1\u03c4\u03af \u03b2\u03bf\u03b7\u03b8\u03ac \u03b7 \u00abPeriodic Table\u00bb -->\n  <p>\u5168\u7403\u5e02\u573a\u7684\u6269\u5f20\u5bf9\u6295\u8d44\u8005\u548c\u57fa\u91d1\u7ecf\u7406\u800c\u8a00\u662f\u4e00\u4e2a\u79ef\u6781\u7684\u53d1\u5c55\uff1a\u5b83\u63d0\u4f9b\u4e86\u66f4\u5e7f\u6cdb\u7684\u9009\u62e9\uff0c\u5e76\u51cf\u5c11\u4e86\u5bf9\u7f8e\u56fd\u5c11\u6570\u51e0\u5bb6\u5927\u578b\u516c\u53f8\u7684\u4f9d\u8d56\u3002 \u8482\u9ed8\u8ba4\u4e3a\u8fd9\u4e00\u8d8b\u52bf\u5c06\u6301\u7eed\u4e0b\u53bb\uff0c\u6295\u8d44\u8005\u7684\u5173\u6ce8\u70b9\u5c06\u4eceSPX 493\u6216\u52a0\u6743\u6307\u6570\u7684\u8d70\u52bf\uff0c \u8f6c\u5411\u4e00\u79cd\u4fa7\u91cd\u4e8e\u5e02\u503c\u52a0\u6743\u7684\u6807\u666e500\u6307\u6570\u5e76\u540c\u6b65\u8fdb\u884c\u56fd\u9645\u591a\u5143\u5316\u7684\u7b56\u7565\u3002<\/p> \n  \n  <p>\u5728\u6b64\u80cc\u666f\u4e0b\uff0c \u00ab\u6295\u8d44\u56de\u62a5\u7387\u5468\u671f\u8868\u00bb\u8d77\u5230\u4e86\u76f4\u89c2\u63d0\u9192\u7684\u4f5c\u7528\uff0c\u5373\u56de\u62a5\u7387\u00ab\u9886\u5934\u7f8a\u00bb\u7ecf\u5e38\u66f4\u66ff\uff0c\u56e0\u6b64\u5206\u6563\u6295\u8d44\u4f9d\u7136\u81f3\u5173\u91cd\u8981\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart6.webp\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"Periodic Table of Investment Returns \u2013 \u0394\u03b9\u03b1\u03c6\u03bf\u03c1\u03bf\u03c0\u03bf\u03af\u03b7\u03c3\u03b7\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1a\u6295\u8d44\u56de\u62a5\u5143\u7d20\u5468\u671f\u8868\u2014\u2014\u8d44\u4ea7\u914d\u7f6e\" data-rel=\"lightbox-image-5\" data-magnific_type=\"image\" data-rl_title=\"chart6\" data-rl_caption=\"\" title=\"\u56fe\u88686\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart6.webp\"\n           alt=\"\u6295\u8d44\u56de\u62a5\u5468\u671f\u8868\uff1a\u56de\u62a5\u00ab\u51a0\u519b\u00bb\u7684\u66f4\u8fed\u4e0e\u5206\u6563\u6295\u8d44\u7684\u91cd\u8981\u6027\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe6\u2014\u2014\u00ab\u51a0\u519b\u00bb\u7684\u66f4\u8fed\u8bc1\u660e\u4e86\u5206\u914d\u7684\u56fd\u9645\u5206\u6563\u6027\u548c\u89c4\u8303\u6027\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 7) \u039f \u03ba\u03cd\u03ba\u03bb\u03bf\u03c2 \u03b1\u03c0\u03cc \u039f\u03ba\u03c4 2022: valuation-led -->\n  <p>\u5728\u7f8e\u56fd\u5e02\u573a\uff0c\u81ea2022\u5e7410\u6708\u7684\u5468\u671f\u6027\u4f4e\u70b9\u4ee5\u6765\uff0c\u4e0a\u6da8\u4e3b\u8981\u4f9d\u8d56\u4e8e\u4f30\u503c\uff1a \u6807\u666e500\u6307\u6570\u80a1\u4ef7\u4e0a\u6da8\u4e8684%\uff0c\u4f01\u4e1a\u76c8\u5229\u4ec5\u589e\u957f\u4e8618%\uff0c\u800c\u5e02\u76c8\u7387\u5219\u4e0a\u5347\u4e8648%\u3002<\/p>\n  \n  <p>\u4f30\u503c\u901a\u5e38\u4f1a\u9886\u5148\u4e8e\u672a\u676512\u81f324\u4e2a\u6708\uff0c\u56e0\u4e3a\u5e02\u573a\u4f1a\u00ab\u9884\u5148\u6298\u73b0\u00bb\u672a\u6765\u7684\u6536\u76ca\uff1b \u7136\u800c\uff0c\u5373\u4f7f\u572834\u4e2a\u6708\u540e\u4f30\u503c\u4ecd\u4fdd\u6301\u5728\u76c8\u5229\u6c34\u5e73\u4e4b\u4e0a\uff0c\u4e5f\u88ab\u89c6\u4e3a\u4e0d\u5bfb\u5e38\u3002\u8981\u5b9e\u73b0\u53ef\u6301\u7eed\u7684\u589e\u957f\uff0c\u73b0\u5728\u9700\u8981\u76c8\u5229\u65b9\u9762\u505a\u51fa\u66f4\u5b9e\u8d28\u6027\u7684\u8d21\u732e\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_7.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"The Market Cycle \u2013 \u0391\u03c0\u03cc \u039f\u03ba\u03c4 2022\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1a\u5e02\u573a\u5468\u671f\u2014\u2014\u81ea2022\u5e7410\u6708\u8d77\" data-rel=\"lightbox-image-6\" data-magnific_type=\"image\" data-rl_title=\"chart_7\" data-rl_caption=\"\" title=\"\u56fe\u8868_7\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_7.png\"\n           alt=\"\u5e02\u573a\u5468\u671f\uff1a\u80a1\u4ef7\u3001\u76c8\u5229\u548c\u5e02\u76c8\u7387\u5bf92022\u5e74\u4ee5\u6765\u4e0a\u6da8\u7684\u8d21\u732e\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe7\u2014\u20142022\u5e74\u540e\u7684\u591a\u5e74\u4e0a\u6da8\u8d8b\u52bf\u4e3b\u8981\u6e90\u4e8e\u5e02\u76c8\u7387\u7684\u6269\u5927\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- 8) \u039c\u03b5\u03c4\u03ac \u03c4\u03bf \u00abtariff tantrum\u00bb: \u03b3\u03b9\u03b1\u03c4\u03af \u03c5\u03c0\u03b5\u03c1\u03ad\u03b2\u03b7 \u03c4\u03bf \u03b5\u03be\u03c9\u03c4\u03b5\u03c1\u03b9\u03ba\u03cc (barbell) -->\n  <p>\u5c3d\u7ba1\u57284\u6708\u56e0\u62c5\u5fe7\u65b0\u5173\u7a0e\u5b9e\u65bd\u800c\u5f15\u53d1\u7684\u7a81\u53d1\u52a8\u8361\u4e4b\u540e\uff0c\u5e02\u573a\u53cd\u5f39\u52bf\u5934\u4ee4\u4eba\u5370\u8c61\u6df1\u523b\uff0c\u4f46\u56fd\u9645\u5e02\u573a\u7684\u6ce2\u52a8\u66f4\u4e3a\u5267\u70c8\u3002 \u8fd9\u8f6e\u4e0a\u6da8\u884c\u60c5\u7684\u6269\u5927\u4f7f\u5f97\u7f8e\u56fd\u5e02\u573a\u7684\u5927\u90e8\u5206\u677f\u5757\u88ab\u6392\u9664\u5728\u5916\uff0c\u6295\u8d44\u8005\u7684\u5173\u6ce8\u70b9\u8f6c\u5411\u4e86\u56fd\u9645\u80a1\u7968\u3002<\/p>\n  \n  <p>\u8482\u9ed8\u5c06\u5f53\u524d\u7684\u5e02\u573a\u72b6\u51b5\u6bd4\u4f5c\u00ab\u54d1\u94c3\u578b\u5e02\u573a\u00bb\uff1a \u4e00\u7aef\u662f\u4f30\u503c\u8f83\u9ad8\u7684\u7f8e\u56fd\u9ad8\u589e\u957f\u516c\u53f8\uff0c\u53e6\u4e00\u7aef\u5219\u662f\u56fd\u9645\u53d1\u8fbe\u5e02\u573a\uff0c\u540e\u8005\u63d0\u4f9b\u66f4\u5177\u5438\u5f15\u529b\u7684\u5e02\u76c8\u7387\u4ee5\u53ca\u4e0d\u65ad\u589e\u957f\u7684\u80a1\u606f\u3002<\/p>\n  <figure>\n    <a href=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_8.png\"\n       data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"jt-charts\"\n       data-elementor-lightbox-title=\"2025 YTD Performance \u2013 \u0395\u03ba\u03c4\u03cc\u03c2 \u0397\u03a0\u0391\" aria-label=\"\u6253\u5f00\u706f\u7bb1\uff1a2025\u5e74\u5e74\u521d\u81f3\u4eca\u8868\u73b0\u2014\u2014\u7f8e\u56fd\u4ee5\u5916\u5730\u533a\" data-rel=\"lightbox-image-7\" data-magnific_type=\"image\" data-rl_title=\"chart_8\" data-rl_caption=\"\" title=\"\u56fe\u8868_8\">\n      <img src=\"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/chart_8.png\"\n           alt=\"2025\u5e74\u5e74\u521d\u81f3\u4eca\uff1a\u5728\u201c\u5173\u7a0e\u98ce\u6ce2\u201d\u4e4b\u540e\uff0c\u56fd\u9645\u5e02\u573a\u8868\u73b0\u4f18\u4e8e\u7f8e\u56fd\u5e02\u573a\"\n           loading=\"lazy\" decoding=\"async\">\n    <\/a>\n    <figcaption>\u56fe\u88688\u2014\u2014\u5e74\u521d\u81f3\u4eca\u7684\u56de\u62a5\u7387\u51f8\u663e\u4e86\u8d44\u91d1\u6d41\u5411\u7f8e\u56fd\u4ee5\u5916\u5e02\u573a\u7684\u8f6c\u53d8\uff0c\u4ee5\u53ca\u6b64\u8f6e\u4e0a\u6da8\u5448\u73b0\u7684\u00ab\u54d1\u94c3\u578b\u00bb\u7ed3\u6784\u3002<\/figcaption>\n  <\/figure>\n\n  <!-- \u03a3\u03c5\u03bc\u03c0\u03ad\u03c1\u03b1\u03c3\u03bc\u03b1 & \u03b1\u03c0\u03bf\u03c0\u03bf\u03af\u03b7\u03c3\u03b7 -->\n  <p><strong>\u7ed3\u8bba\uff1a<\/strong> \u4e0a\u6da8\u8d8b\u52bf\u4f9d\u7136\u6301\u7eed\uff0c\u4f46\u5728\u7f8e\u56fd\uff0c\u4e0a\u6da8\u52a8\u529b\u4e3b\u8981\u6765\u81ea\u4f30\u503c\u6307\u6807\uff08\u4ef7\u683c\u500d\u6570\uff09\u7684\u4e0a\u5347\uff0c \u82e5\u6ca1\u6709\u76c8\u5229\u7684\u540c\u6b65\u589e\u957f\uff0c\u8fd9\u79cd\u6001\u52bf\u65e0\u6cd5\u65e0\u9650\u671f\u652f\u6491\u5e02\u573a\u3002 \u76f8\u6bd4\u4e4b\u4e0b\uff0c\u56fd\u9645\u53d1\u8fbe\u5e02\u573a\u517c\u5177\u66f4\u5177\u5438\u5f15\u529b\u7684\u4f30\u503c\u548c\u4e0d\u65ad\u589e\u957f\u7684\u80a1\u606f\u6d3e\u53d1\uff0c\u8fd9\u8fdb\u4e00\u6b65\u5f3a\u5316\u4e86\u589e\u52a0\u56fd\u9645\u6295\u8d44\u914d\u7f6e\u7684\u7b56\u7565\u3002<\/p>\n  \n  <p>\u00ab\u6760\u94c3\u00bb\u578b\u6295\u8d44\u7b56\u7565\u5c06\u8d44\u91d1\u5206\u914d\u5728\u4e24\u4e2a\u6781\u7aef\uff1a\u4e00\u65b9\u9762\u6295\u8d44\u4e8e\u7f8e\u56fd\u9ad8\u589e\u957f\u80a1\u7968\uff0c \u53e6\u4e00\u65b9\u9762\u5219\u6295\u8d44\u4e8e\u4f30\u503c\u66f4\u5177\u5438\u5f15\u529b\u4e14\u73b0\u91d1\u6d41\u5f3a\u52b2\u7684\u56fd\u9645\u80a1\u7968\uff0c\u4ece\u800c\u5728\u589e\u957f\u6f5c\u529b\u4e0e\u6536\u76ca\u7a33\u5b9a\u6027\u4e4b\u95f4\u5bfb\u6c42\u5e73\u8861\u3002<\/p>\n  <p style=\"font-size:.95rem;color:#666;margin-top:1.2rem\"><em>\u56fe\u8868\u53ca\u8bc4\u8bba\u6765\u6e90\uff1a\u5bcc\u8fbe\uff08Jurrien Timmer\uff09\u3002\u4ec5\u4f9b\u53c2\u8003\uff1b\u4e0d\u6784\u6210\u6295\u8d44\u5efa\u8bae\u3002<\/em><\/p>\n<\/article>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>\u5bcc\u8fbe\u5168\u7403\u5b8f\u89c2\u7ecf\u6d4e\u603b\u76d1\u5c24\u91cc\u6069\u00b7\u8482\u9ed8\uff08Jurrien Timmer\uff09\u8868\u793a\uff0c\u4f30\u503c\u548c\u76c8\u5229\u80fd\u529b\u5c06\u51b3\u5b9a\u5e02\u573a\u7684\u672a\u6765\u8d70\u52bf\u3002<\/p>","protected":false},"author":1,"featured_media":1835,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_angie_page":false,"page_builder":"","footnotes":""},"categories":[7],"tags":[73,71,74,72],"class_list":["post-1833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shares","tag-fidelity","tag-jurrien-timmer","tag-sp500","tag-72"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; | TechAnalysisNews<\/title>\n<meta name=\"description\" content=\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; \u039f Jurrien Timmer \u03c4\u03b7\u03c2 Fidelity \u03b1\u03bd\u03b1\u03bb\u03cd\u03b5\u03b9 \u03b1\u03c0\u03bf\u03c4\u03b9\u03bc\u03ae\u03c3\u03b5\u03b9\u03c2, \u03ba\u03b5\u03c1\u03b4\u03bf\u03c6\u03bf\u03c1\u03af\u03b1 \u03ba\u03b1\u03b9 \u03c4\u03bf \u03c4\u03b9 \u03c0\u03b5\u03c1\u03b9\u03bc\u03ad\u03bd\u03b5\u03b9 \u03c4\u03b9\u03c2 \u03b1\u03b3\u03bf\u03c1\u03ad\u03c2.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/techanalysisnews.gr\/zh\/\u7f8e\u56fd\u5e02\u573a\u5468\u671f\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; | TechAnalysisNews\" \/>\n<meta property=\"og:description\" content=\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; \u039f Jurrien Timmer \u03c4\u03b7\u03c2 Fidelity \u03b1\u03bd\u03b1\u03bb\u03cd\u03b5\u03b9 \u03b1\u03c0\u03bf\u03c4\u03b9\u03bc\u03ae\u03c3\u03b5\u03b9\u03c2, \u03ba\u03b5\u03c1\u03b4\u03bf\u03c6\u03bf\u03c1\u03af\u03b1 \u03ba\u03b1\u03b9 \u03c4\u03bf \u03c4\u03b9 \u03c0\u03b5\u03c1\u03b9\u03bc\u03ad\u03bd\u03b5\u03b9 \u03c4\u03b9\u03c2 \u03b1\u03b3\u03bf\u03c1\u03ad\u03c2.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/techanalysisnews.gr\/zh\/\u7f8e\u56fd\u5e02\u573a\u5468\u671f\/\" \/>\n<meta property=\"og:site_name\" content=\"TechAnalysisNews\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61579418510234&amp;sk=about\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-16T21:57:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-08T21:48:27+00:00\" \/>\n<meta name=\"author\" content=\"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"&lt;span data-no-translation&gt;&lt;\/span&gt;\" \/>\n<meta name=\"twitter:creator\" content=\"@TechAnalysiNews\" \/>\n<meta name=\"twitter:site\" content=\"@TechAnalysiNews\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 \u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/\"},\"author\":{\"name\":\"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#\\\/schema\\\/person\\\/5eb78f6958218c8be371d41b71d8add3\"},\"headline\":\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03bf \u03ce\u03c1\u03b9\u03bc\u03bf\u03c2 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c2 \u03c4\u03b7\u03c2 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 ;\",\"datePublished\":\"2025-08-16T21:57:44+00:00\",\"dateModified\":\"2026-08-08T21:48:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/image_1200x630_optimized.jpg\",\"keywords\":[\"Fidelity\",\"Jurrien Timmer\",\"S&amp;P500\",\"\u0397\u03a0\u0391\"],\"articleSection\":[\"\u039c\u0395\u03a4\u039f\u03a7\u0395\u03a3\"],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/\",\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/\",\"name\":\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; | TechAnalysisNews\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/image_1200x630_optimized.jpg\",\"datePublished\":\"2025-08-16T21:57:44+00:00\",\"dateModified\":\"2026-08-08T21:48:27+00:00\",\"description\":\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; \u039f Jurrien Timmer \u03c4\u03b7\u03c2 Fidelity \u03b1\u03bd\u03b1\u03bb\u03cd\u03b5\u03b9 \u03b1\u03c0\u03bf\u03c4\u03b9\u03bc\u03ae\u03c3\u03b5\u03b9\u03c2, \u03ba\u03b5\u03c1\u03b4\u03bf\u03c6\u03bf\u03c1\u03af\u03b1 \u03ba\u03b1\u03b9 \u03c4\u03bf \u03c4\u03b9 \u03c0\u03b5\u03c1\u03b9\u03bc\u03ad\u03bd\u03b5\u03b9 \u03c4\u03b9\u03c2 \u03b1\u03b3\u03bf\u03c1\u03ad\u03c2.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/zh\\\/usa-market-cycle\\\/#breadcrumb\"},\"inLanguage\":\"zh-Hans\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/usa-market-cycle\\\/#primaryimage\",\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/image_1200x630_optimized.jpg\",\"contentUrl\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/image_1200x630_optimized.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/zh\\\/usa-market-cycle\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/techanalysisnews.gr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03bf \u03ce\u03c1\u03b9\u03bc\u03bf\u03c2 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c2 \u03c4\u03b7\u03c2 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 ;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#website\",\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/\",\"name\":\"TANews\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/techanalysisnews.gr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#organization\",\"name\":\"TANews\",\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/techanalysisnews_preview_MAXI_1200x630.jpg\",\"contentUrl\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/techanalysisnews_preview_MAXI_1200x630.jpg\",\"width\":1200,\"height\":630,\"caption\":\"TANews\"},\"image\":{\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61579418510234&sk=about\",\"https:\\\/\\\/x.com\\\/TechAnalysiNews\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/#\\\/schema\\\/person\\\/5eb78f6958218c8be371d41b71d8add3\",\"name\":\"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Generated-image-1.jpg\",\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Generated-image-1.jpg\",\"contentUrl\":\"https:\\\/\\\/techanalysisnews.gr\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Generated-image-1.jpg\",\"caption\":\"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b\"},\"description\":\"\u03a0\u03b9\u03c3\u03c4\u03bf\u03c0\u03bf\u03b9\u03b7\u03bc\u03ad\u03bd\u03bf\u03c2 \u03a4\u03b5\u03c7\u03bd\u03b9\u03ba\u03cc\u03c2 \u0391\u03bd\u03b1\u03bb\u03c5\u03c4\u03ae\u03c2 (MSTA) \u03ba\u03b1\u03b9 \u03bf\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03cc\u03c2 \\\/ \u03b1\u03b8\u03bb\u03b7\u03c4\u03b9\u03ba\u03cc\u03c2 \u03c3\u03c5\u03bd\u03c4\u03ac\u03ba\u03c4\u03b7\u03c2 \u03bc\u03b5 \u03b5\u03be\u03b5\u03b9\u03b4\u03af\u03ba\u03b5\u03c5\u03c3\u03b7 \u03c3\u03c4\u03b9\u03c2 \u03b1\u03b3\u03bf\u03c1\u03ad\u03c2 \u03ba\u03b5\u03c6\u03b1\u03bb\u03b1\u03af\u03bf\u03c5, \u03c4\u03b1 \u03c3\u03c5\u03c3\u03c4\u03ae\u03bc\u03b1\u03c4\u03b1 \u03c3\u03c5\u03bd\u03b1\u03bb\u03bb\u03b1\u03b3\u03ce\u03bd \u03ba\u03b1\u03b9 \u03c4\u03b9\u03c2 \u03c3\u03c4\u03c1\u03b1\u03c4\u03b7\u03b3\u03b9\u03ba\u03ad\u03c2 trading. \u0391\u03c0\u03cc\u03c6\u03bf\u03b9\u03c4\u03bf\u03c2 \u03c4\u03bf\u03c5 \u03a4\u03bc\u03ae\u03bc\u03b1\u03c4\u03bf\u03c2 \u03a3\u03c4\u03b1\u03c4\u03b9\u03c3\u03c4\u03b9\u03ba\u03ae\u03c2 \u03c4\u03bf\u03c5 London School of Economics \u03ba\u03b1\u03b9 Finance \u03c4\u03bf\u03c5 ALBA Business School.\",\"sameAs\":[\"https:\\\/\\\/techanalysisnews.gr\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/michail-flampouraris-retsinas-msta-cfte-9264b413\\\/\"],\"url\":\"https:\\\/\\\/techanalysisnews.gr\\\/zh\\\/author\\\/flampouraris-michail\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u534e\u5c14\u8857\u662f\u5426\u6b63\u63a5\u8fd1\u5176\u5468\u671f\u7684\u9876\u5cf0\uff1f | TechAnalysisNews","description":"\u534e\u5c14\u8857\u662f\u5426\u6b63\u63a5\u8fd1\u5176\u5468\u671f\u7684\u9876\u5cf0\uff1f\u5bcc\u8fbe\u6295\u8d44\u7684Jurrien Timmer\u5bf9\u4f30\u503c\u3001\u76c8\u5229\u80fd\u529b\u4ee5\u53ca\u5e02\u573a\u524d\u666f\u8fdb\u884c\u4e86\u5206\u6790\u3002.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/techanalysisnews.gr\/zh\/\u7f8e\u56fd\u5e02\u573a\u5468\u671f\/","og_locale":"zh_CN","og_type":"article","og_title":"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; | TechAnalysisNews","og_description":"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03b7 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c5 \u03c4\u03b7\u03c2; \u039f Jurrien Timmer \u03c4\u03b7\u03c2 Fidelity \u03b1\u03bd\u03b1\u03bb\u03cd\u03b5\u03b9 \u03b1\u03c0\u03bf\u03c4\u03b9\u03bc\u03ae\u03c3\u03b5\u03b9\u03c2, \u03ba\u03b5\u03c1\u03b4\u03bf\u03c6\u03bf\u03c1\u03af\u03b1 \u03ba\u03b1\u03b9 \u03c4\u03bf \u03c4\u03b9 \u03c0\u03b5\u03c1\u03b9\u03bc\u03ad\u03bd\u03b5\u03b9 \u03c4\u03b9\u03c2 \u03b1\u03b3\u03bf\u03c1\u03ad\u03c2.","og_url":"https:\/\/techanalysisnews.gr\/zh\/\u7f8e\u56fd\u5e02\u573a\u5468\u671f\/","og_site_name":"TechAnalysisNews","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61579418510234&sk=about","article_published_time":"2025-08-16T21:57:44+00:00","article_modified_time":"2026-08-08T21:48:27+00:00","author":"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b","twitter_card":"summary_large_image","twitter_title":"<span data-no-translation><\/span>","twitter_creator":"@TechAnalysiNews","twitter_site":"@TechAnalysiNews","twitter_misc":{"\u4f5c\u8005":"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b","\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4":"7 \u5206"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/#article","isPartOf":{"@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/"},"author":{"name":"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b","@id":"https:\/\/techanalysisnews.gr\/#\/schema\/person\/5eb78f6958218c8be371d41b71d8add3"},"headline":"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03bf \u03ce\u03c1\u03b9\u03bc\u03bf\u03c2 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c2 \u03c4\u03b7\u03c2 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 ;","datePublished":"2025-08-16T21:57:44+00:00","dateModified":"2026-08-08T21:48:27+00:00","mainEntityOfPage":{"@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/"},"wordCount":94,"publisher":{"@id":"https:\/\/techanalysisnews.gr\/#organization"},"image":{"@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/#primaryimage"},"thumbnailUrl":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/image_1200x630_optimized.jpg","keywords":["Fidelity","Jurrien Timmer","S&amp;P500","\u0397\u03a0\u0391"],"articleSection":["\u039c\u0395\u03a4\u039f\u03a7\u0395\u03a3"],"inLanguage":"zh-Hans"},{"@type":"WebPage","@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/","url":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/","name":"\u534e\u5c14\u8857\u662f\u5426\u6b63\u63a5\u8fd1\u5176\u5468\u671f\u7684\u9876\u5cf0\uff1f | TechAnalysisNews","isPartOf":{"@id":"https:\/\/techanalysisnews.gr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/#primaryimage"},"image":{"@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/#primaryimage"},"thumbnailUrl":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/image_1200x630_optimized.jpg","datePublished":"2025-08-16T21:57:44+00:00","dateModified":"2026-08-08T21:48:27+00:00","description":"\u534e\u5c14\u8857\u662f\u5426\u6b63\u63a5\u8fd1\u5176\u5468\u671f\u7684\u9876\u5cf0\uff1f\u5bcc\u8fbe\u6295\u8d44\u7684Jurrien Timmer\u5bf9\u4f30\u503c\u3001\u76c8\u5229\u80fd\u529b\u4ee5\u53ca\u5e02\u573a\u524d\u666f\u8fdb\u884c\u4e86\u5206\u6790\u3002.","breadcrumb":{"@id":"https:\/\/techanalysisnews.gr\/zh\/usa-market-cycle\/#breadcrumb"},"inLanguage":"zh-Hans","potentialAction":[{"@type":"ReadAction","target":["https:\/\/techanalysisnews.gr\/usa-market-cycle\/"]}]},{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/techanalysisnews.gr\/usa-market-cycle\/#primaryimage","url":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/image_1200x630_optimized.jpg","contentUrl":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/image_1200x630_optimized.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/techanalysisnews.gr\/zh\/usa-market-cycle\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/techanalysisnews.gr\/"},{"@type":"ListItem","position":2,"name":"\u03a0\u03bb\u03b7\u03c3\u03b9\u03ac\u03b6\u03b5\u03b9 \u03bf \u03ce\u03c1\u03b9\u03bc\u03bf\u03c2 \u03ba\u03cd\u03ba\u03bb\u03bf\u03c2 \u03c4\u03b7\u03c2 Wall Street \u03c3\u03c4\u03b7\u03bd \u03ba\u03bf\u03c1\u03cd\u03c6\u03c9\u03c3\u03b7 \u03c4\u03bf\u03c5 ;"}]},{"@type":"WebSite","@id":"https:\/\/techanalysisnews.gr\/#website","url":"https:\/\/techanalysisnews.gr\/","name":"TANews","description":"","publisher":{"@id":"https:\/\/techanalysisnews.gr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/techanalysisnews.gr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-Hans"},{"@type":"Organization","@id":"https:\/\/techanalysisnews.gr\/#organization","name":"TANews","url":"https:\/\/techanalysisnews.gr\/","logo":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/techanalysisnews.gr\/#\/schema\/logo\/image\/","url":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/techanalysisnews_preview_MAXI_1200x630.jpg","contentUrl":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2025\/08\/techanalysisnews_preview_MAXI_1200x630.jpg","width":1200,"height":630,"caption":"TANews"},"image":{"@id":"https:\/\/techanalysisnews.gr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61579418510234&sk=about","https:\/\/x.com\/TechAnalysiNews"]},{"@type":"Person","@id":"https:\/\/techanalysisnews.gr\/#\/schema\/person\/5eb78f6958218c8be371d41b71d8add3","name":"\u7c73\u54c8\u4f0a\u5c14\u00b7\u5f17\u62c9\u5e03\u62c9\u91cc\u65af","image":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2026\/07\/Generated-image-1.jpg","url":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2026\/07\/Generated-image-1.jpg","contentUrl":"https:\/\/techanalysisnews.gr\/wp-content\/uploads\/2026\/07\/Generated-image-1.jpg","caption":"\u03a6\u039b\u0391\u039c\u03a0\u039f\u03a5\u03a1\u0391\u03a1\u0397\u03a3 \u039c\u0399\u03a7\u0391\u0397\u039b"},"description":"\u8ba4\u8bc1\u6280\u672f\u5206\u6790\u5e08\uff08MSTA\uff09\uff0c\u540c\u65f6\u62c5\u4efb\u8d22\u7ecf\/\u4f53\u80b2\u64b0\u7a3f\u4eba\uff0c\u4e13\u653b\u8d44\u672c\u5e02\u573a\u3001\u4ea4\u6613\u7cfb\u7edf\u53ca\u4ea4\u6613\u7b56\u7565\u3002 \u6bd5\u4e1a\u4e8e\u4f26\u6566\u653f\u6cbb\u7ecf\u6d4e\u5b66\u9662\uff08LSE\uff09\u7edf\u8ba1\u5b66\u7cfb\u53caALBA\u5546\u5b66\u9662\u91d1\u878d\u4e13\u4e1a\u3002","sameAs":["https:\/\/techanalysisnews.gr\/","https:\/\/www.linkedin.com\/in\/michail-flampouraris-retsinas-msta-cfte-9264b413\/"],"url":"https:\/\/techanalysisnews.gr\/zh\/author\/flampouraris-michail\/"}]}},"_links":{"self":[{"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/posts\/1833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/comments?post=1833"}],"version-history":[{"count":8,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/posts\/1833\/revisions"}],"predecessor-version":[{"id":7784,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/posts\/1833\/revisions\/7784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/media\/1835"}],"wp:attachment":[{"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/media?parent=1833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/categories?post=1833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techanalysisnews.gr\/zh\/wp-json\/wp\/v2\/tags?post=1833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}