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alt=\"\"\/><\/figure>\n\n<p>\u6211\u4eec\u8fd8\u53ef\u4ee5\u63a2\u8ba8\u5f53\u9009\u5019\u9009\u4eba\u6216\u5176\u6240\u5c5e\u653f\u515a\u662f\u5426\u4f1a\u5f71\u54cd\u80a1\u5e02\u8868\u73b0\u3002 CFRA\u9996\u5e2d\u6295\u8d44\u7b56\u7565\u5e08\u8428\u59c6\u00b7\u65af\u6258\u74e6\u5c14\uff08Sam Stovall\uff09\u9488\u5bf9\u516d\u79cd\u653f\u6cbb\u683c\u5c40\u8fdb\u884c\u4e86\u5e02\u573a\u8868\u73b0\u5206\u6790\uff1a\u5305\u62ec\u767d\u5bab\u4e0e\u56fd\u4f1a\u7531\u540c\u4e00\u653f\u515a\u638c\u63a7\u7684\u201c\u7edf\u4e00\u653f\u5e9c\u201d\u6a21\u5f0f\u3001\u56fd\u4f1a\u7531\u4e0d\u540c\u653f\u515a\u63a7\u5236\u800c\u767d\u5bab\u7531\u5355\u4e00\u653f\u515a\u638c\u63a7\u7684\u5c40\u9762\uff0c\u4ee5\u53ca\u767d\u5bab\u4e0e\u56fd\u4f1a\u7531\u5bf9\u7acb\u653f\u515a\u9886\u5bfc\u7684\u60c5\u51b5\u3002 \u5728\u5404\u79cd\u653f\u6cbb\u683c\u5c40\u4e2d\uff0c\u5f53\u6c11\u4e3b\u515a\u4eba\u5165\u4e3b\u767d\u5bab\u4e14\u56fd\u4f1a\u7531\u4e0d\u540c\u653f\u515a\u63a7\u5236\u65f6\uff0c\u80a1\u5e02\u5f80\u5f80\u8868\u73b0\u6700\u4e3a\u5f3a\u52b2\u3002\u5176\u6b21\u8868\u73b0\u6700\u4f73\u7684\u60c5\u51b5\u662f\u6c11\u4e3b\u515a\u603b\u7edf\u4e0e\u5171\u548c\u515a\u63a7\u5236\u7684\u56fd\u4f1a\u5e76\u5b58\u3002\u4e0b\u56fe\u5c55\u793a\u4e86\u5728\u8fd9\u4e9b\u4e0d\u540c\u653f\u6cbb\u60c5\u666f\u4e0b\u80a1\u5e02\u7684\u5386\u53f2\u8868\u73b0\u3002    <\/p>\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/finalto.com\/wp-content\/uploads\/2024\/01\/graph-blog-2-2.png\" alt=\"\"\/><\/figure>\n\n<h6 class=\"wp-block-heading\">\u6570\u636e\u6765\u6e90\uff1aCFRA<\/h6>\n\n<p>\u4e0d\u8fc7\uff0c\u65af\u6258\u74e6\u5c14\u5efa\u8bae\u4ea4\u6613\u5458\u5bf9\u8fd9\u4e9b\u6570\u636e\u4fdd\u6301\u8c28\u614e\u6001\u5ea6\u3002\u4ed6\u63d0\u9192\u9053\uff1a\u201c\u8fd9\u5f88\u597d\u5730\u8bf4\u660e\u4e86\u6570\u636e\u53ef\u4ee5\u88ab\u7528\u6765\u4f50\u8bc1\u4efb\u4f55\u4f60\u60f3\u8868\u8fbe\u7684\u89c2\u70b9\u3002\u201d \u201c\u5982\u679c\u4f60\u60f3\u652f\u6301\u6c11\u4e3b\u515a\uff0c\u5c31\u8c08\u603b\u7edf\u804c\u4f4d\uff1b\u5982\u679c\u4f60\u60f3\u652f\u6301\u5171\u548c\u515a\uff0c\u5c31\u8c08\u4f17\u8bae\u9662\u63a7\u5236\u6743\u3002\u201d\u8fd9\u8ba9\u6211\u4eec\u5f97\u51fa\u4e00\u4e2a\u91cd\u8981\u7ed3\u8bba\uff1a\u867d\u7136\u653f\u6cbb\u663e\u7136\u5728\u7ecf\u6d4e\u4e2d\u8d77\u7740\u91cd\u8981\u4f5c\u7528\uff0c\u4f46\u5728\u9884\u6d4b\u5e02\u573a\u8868\u73b0\u65b9\u9762\uff0c\u5e76\u6ca1\u6709\u4e00\u6210\u4e0d\u53d8\u7684\u94c1\u5f8b\u3002 \u5386\u53f2\u8bc1\u636e\u8868\u660e\uff0c\u65e0\u8bba\u6267\u653f\u515a\u662f\u54ea\u4e00\u515a\u2014\u2014\u65e0\u8bba\u662f\u767d\u5bab\u8fd8\u662f\u56fd\u4f1a\u2014\u2014\u80a1\u5e02\u8868\u73b0\u901a\u5e38\u90fd\u8f83\u4e3a\u4e50\u89c2\u3002     <\/p>\n\n<p>\u90a3\u4e48\uff0c<i>\u6295\u8d44\u8005\u5e94\u8be5 <\/i>\u5173\u6ce8\u4ec0\u4e48\u5462\uff1f\u65e0\u8bba\u9009\u4e3e\u7ed3\u679c\u5982\u4f55\uff0c\u6216\u653f\u6cbb\u58f0\u660e\u5982\u4f55\uff0c\u60a8\u90fd\u53ef\u4ee5\u91c7\u53d6\u4e00\u4e9b\u6218\u7565\u4e3e\u63aa\u6765\u7a33\u5065\u60a8\u7684\u8d22\u52a1\u7ba1\u7406\u7b56\u7565\u3002\u9996\u5148\uff0c\u5efa\u8bae\u60a8\u4f18\u5148\u8003\u8651\u5206\u6563\u6295\u8d44\u7ec4\u5408\uff1b\u5728\u5e02\u573a\u52a8\u8361\u65f6\u671f\uff0c\u8fd9\u4e00\u70b9\u5c24\u4e3a\u5173\u952e\u3002 \u901a\u8fc7\u5c06\u8d44\u4ea7\u5206\u6563\u6295\u8d44\u4e8e\u5404\u7c7b\u8bc1\u5238\u548c\u4e0d\u540c\u884c\u4e1a\u9886\u57df\uff0c\u60a8\u53ef\u4ee5\u6709\u6548\u964d\u4f4e\u5e02\u573a\u6ce2\u52a8\u5e26\u6765\u7684\u98ce\u9669\u3002\u5728\u4ea4\u6613\u4e2d\u4fdd\u6301\u957f\u8fdc\u773c\u5149\u540c\u6837\u91cd\u8981\u3002\u5e02\u573a\u4ef7\u683c\u867d\u4f1a\u6ce2\u52a8\uff0c\u4f46\u51b2\u52a8\u4e14\u77ed\u671f\u7684\u53cd\u5e94\u53ef\u80fd\u4f1a\u7834\u574f\u60a8\u7684\u957f\u671f\u76ee\u6807\u3002 \u6709\u6548\u7684\u4ea4\u6613\u98ce\u9669\u7ba1\u7406\u5305\u62ec\u8bbe\u5b9a\u660e\u786e\u7684\u6b62\u635f\u9650\u989d\u5e76\u5206\u6563\u6295\u8d44\u7ec4\u5408\uff0c\u4ee5\u51cf\u8f7b\u6f5c\u5728\u635f\u5931\uff0c\u786e\u4fdd\u5355\u4e00\u5e02\u573a\u6ce2\u52a8\u4e0d\u4f1a\u5bf9\u60a8\u7684\u8d22\u52a1\u7a33\u5b9a\u6027\u9020\u6210\u4e0d\u6210\u6bd4\u4f8b\u7684\u5f71\u54cd\u3002 \u8fdb\u884c\u6df1\u5165\u7814\u7a76\u5e76\u8bbe\u7f6e\u6b62\u635f\u5355\u81f3\u5173\u91cd\u8981\uff0c\u6b62\u635f\u5355\u53ef\u5728\u9884\u8bbe\u4ef7\u4f4d\u81ea\u52a8\u5e73\u4ed3\uff0c\u4ece\u800c\u9632\u8303\u610f\u5916\u7684\u5e02\u573a\u6ce2\u52a8\u3002\u901a\u8fc7\u5173\u6ce8\u57fa\u672c\u9762\uff0c\u5e76\u907f\u514d\u9677\u5165\u77ed\u671f\u201c\u5b64\u6ce8\u4e00\u63b7\u201d\u7684\u7b56\u7565\uff0c\u6709\u671b\u5c06\u51fa\u73b0\u4e25\u91cd\u4e0d\u5229\u7ed3\u679c\u7684\u53ef\u80fd\u6027\u964d\u81f3\u6700\u4f4e\u3002        <\/p>\n\n<p><em>\u53c2\u8003  <\/em><\/p>\n\n<p><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4016112\" target=\"_blank\" rel=\"noopener\">\u6768\u67f3\u3001\u4f0a\u4e07\u00b7\u6c99\u5229\u4e9a\u65af\u6258\u7ef4\u5947\uff1a\u300a\u653f\u6cbb\u516c\u544a\u7684\u56de\u5f52\u300b :: SSRN<\/a><\/p>\n\n<p><a href=\"https:\/\/www.usbank.com\/investing\/financial-perspectives\/market-news\/how-presidential-elections-affect-the-stock-market.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.usbank.com\/investing\/financial-perspectives\/market-news\/how-presidential-elections-affect-the-stock-market.html<\/a><\/p>\n\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/11\/03\/are-republicans-or-democrats-better-for-the-stock-market.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cnbc.com\/2020\/11\/03\/are-republicans-or-democrats-better-for-the-stock-market.html<\/a><\/p>\n\n<p><em><strong>\u624e\u5361\u91cc\u4e9a\u00b7\u6c83\u514b<\/strong><\/em><\/p>\n\n<p><em><strong>Finalto \u5185\u5bb9\u64b0\u7a3f\u4eba<\/strong><\/em><\/p>\n\n<p><em>\u6240\u6709\u89c2\u70b9\u3001\u65b0\u95fb\u3001\u7814\u7a76\u3001\u5206\u6790\u3001\u4ef7\u683c\u6216\u5176\u4ed6\u4fe1\u606f\u5747\u4f5c\u4e3a\u4e00\u822c\u6027\u5e02\u573a\u8bc4\u8bba\u63d0\u4f9b\uff0c\u800c\u975e\u6295\u8d44\u5efa\u8bae\uff0c\u4e14\u6240\u8ba8\u8bba\u7684\u6240\u6709\u6f5c\u5728\u7ed3\u679c\u5747\u4e0d\u4fdd\u8bc1\u80fd\u591f\u5b9e\u73b0\u3002\u8be5\u4fe1\u606f\u53ef\u80fd\u6765\u6e90\u4e8e\u516c\u5f00\u6e20\u9053\u3001\u516c\u53f8\u62a5\u544a\u3001\u4e2a\u4eba\u7814\u7a76\u6216\u8c03\u67e5\u3002 \u8fc7\u5f80\u8868\u73b0\u5e76\u4e0d\u9884\u793a\u672a\u6765\u8868\u73b0\u3002\u4ea4\u6613\u5b58\u5728\u672c\u91d1\u4e8f\u635f\u7684\u98ce\u9669\u3002\u672c\u670d\u52a1\u4ec5\u9762\u5411\u4e13\u4e1a\u5ba2\u6237\u3002    <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u653f\u6cbb\u4e0e\u5b8f\u89c2\u7ecf\u6d4e\u672c\u8d28\u4e0a\u662f\u76f8\u4e92\u5173\u8054\u7684\u529b\u91cf\uff0c\u4e8c\u8005\u603b\u662f\u76f8\u4e92\u5f71\u54cd\uff0c\u8fd9\u4e00\u70b9\u4f3c\u4e4e\u663e\u800c\u6613\u89c1\u3002\u653f\u6cbb\u51b3\u7b56\u5728\u5851\u9020\u5b8f\u89c2\u7ecf\u6d4e\u7ed3\u679c\u65b9\u9762\u53d1\u6325\u7740\u5173\u952e\u4f5c\u7528\uff0c\u540c\u6837\uff0c\u7ecf\u6d4e\u72b6\u51b5\u4e5f\u4f1a\u5f71\u54cd\u653f\u7b56\u7684\u5236\u5b9a\u3002   <\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[471,16],"tags":[],"class_list":["post-18901","post","type-post","status-publish","format-standard","hentry","category-471","category-16"],"acf":[],"mb":[],"mfb_rest_fields":["title"],"_links":{"self":[{"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/posts\/18901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=18901"}],"version-history":[{"count":1,"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/posts\/18901\/revisions"}],"predecessor-version":[{"id":18902,"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/posts\/18901\/revisions\/18902"}],"wp:attachment":[{"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=18901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=18901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finalto.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=18901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}