\u56fd\u9645\u503a\u4fe1\u8bc4\u6bd4\u516c\u53f8\u6807\u51c6\u666e\u5c14(Standard & Poor’s)\u5468\u4e00\u8868\u793a\uff0c\u4e0d\u4f1a\u7acb\u5373\u5bf9\u7f8e\u56fd\u516c\u503a\u5728\u4e9a\u592a\u5730\u533a\u7684\u4e3b\u6743\u56fd\u5bb6\u4ea7\u751f\u5f71\u54cd\u3002\u4f46\u6807\u666e\u4ea6\u79f0\uff0c\u82e5\u5168\u7403\u6380\u8d77\u65b0\u7684\u91d1\u878d\u5371\u673a\uff0c\u6050\u6015\u4f1a\u8ba9\u4e00\u4e9b\u4e9a\u6d32\u56fd\u5bb6\u906d\u53d7\u66f4\u6c89\u91cd\u7684\u6253\u51fb\u3002<\/p>\n
\u58f0\u660e\u4e2d\u8bf4\uff0c\u4e00\u65e6\u8870\u9000\u518d\u5ea6\u6765\u4e34\uff0c\u53ef\u80fd\u4f1a\u4ea7\u751f\u6bd4\u4e0a\u6b21\u66f4\u6df1\u5c42\u3001\u5ef6\u7eed\u66f4\u4e45\u7684\u5f71\u54cd\u3002\u4f46\u76ee\u524d\u800c\u8a00\uff0c\u5927\u591a\u6570\u4e9a\u592a\u56fd\u5bb6\u7684\u4e3b\u6743\u8bc4\u6bd4\u4ecd\u7136\u4fdd\u6301\u7a33\u5b9a\uff0c\u5b83\u4eec\u53d7\u5230\u7a33\u5065\u7684\u56fd\u5185\u9700\u6c42\u3001\u76f8\u5bf9\u5065\u5168\u7684\u4f01\u4e1a\u4e0e\u5bb6\u5ead\u90e8\u95e8\u3001\u5145\u88d5\u7684\u5916\u90e8\u6d41\u52a8\u6027\u548c\u9ad8\u50a8\u84c4\u7387\u6240\u652f\u6301\u3002\u4e0d\u8fc7\uff0c\u6807\u666e\u5217\u51fa\u65b0\u897f\u5170\u3001\u65e5\u672c\u3001\u8d8a\u5357\u548c\u5e93\u514b\u7fa4\u5c9b\u662f\u4f8b\u5916\u3002<\/p>\n
\u6807\u666e\u8868\u793a\uff0c\u4ed6\u4eec\u662f\u57fa\u4e8e\u91d1\u878d\u4f53\u7cfb\u53ca\u4e3b\u8981\u5df2\u5f00\u53d1\u56fd\u5bb6\u7684\u7ecf\u6d4e\u53ef\u80fd\u4e0d\u4f1a\u56e0\u4e3a\u6b27\u503a\u5371\u673a\u4e0e\u7f8e\u56fd\u503a\u52a1\u95ee\u9898\u800c\u51fa\u73b0\u201c\u7a81\u7136\u7d0a\u4e71\u201d\u4f5c\u4e3a\u5047\u8bbe\uff0c\u6765\u8fdb\u884c\u533a\u57df\u8bc4\u4f30\u3002<\/p>\n
\u7136\u800c\u6807\u666e\u8868\u793a\uff0c\u82e5\u8be5\u5047\u8bbe\u4e0d\u6210\u7acb\uff0c\u91cd\u6f142008-2009\u5e74\u90a3\u6837\u7684\u5168\u7403\u91d1\u878d\u5371\u673a\uff0c\u5219\u90e8\u5206\u4ee5\u51fa\u53e3\u4e3a\u5bfc\u5411\u7684\u4e9a\u6d32\u56fd\u5bb6\u53ef\u80fd\u53d7\u5230\u6bd4\u4e0a\u6b21\u66f4\u52a0\u6c89\u91cd\u7684\u6253\u51fb\u3002<\/p>\n
\u6807\u666e\u79f0\uff0c\u82e5\u53d1\u751f\u5371\u673a\uff0c\u591a\u6570\u4e9a\u6d32\u56fd\u5bb6\u90fd\u53ef\u80fd\u8fc5\u901f\u505a\u51fa\u56de\u5e94\uff0c\u5e2e\u52a9\u91d1\u878d\u7a33\u5b9a\u5e76\u523a\u6fc0\u7ecf\u6d4e\uff0c\u4f46\u5176\u4ed6\u4e00\u4e9b\u56fd\u5bb6\u53ef\u80fd\u53d7\u5236\u4e8e\u5bf9\u5883\u5916\u878d\u8d44\u7684\u4e25\u91cd\u4f9d\u8d56\uff0c\u6216\u662f\u53d7\u5236\u4e8e\u4e0a\u6b21\u5371\u673a\u5bf9\u5176\u9884\u7b97\u9020\u6210\u7684\u201c\u521b\u4f24\u201d\u3002<\/p>\n
\u6807\u666e\u5e76\u4e14\u5217\u51fa\u5728\u5883\u5916\u8d44\u672c\u5e02\u573a\u8f83\u6613\u53d7\u5230\u4f24\u5bb3\u7684\u56fd\u5bb6\uff0c\u5305\u62ec\u5df4\u57fa\u65af\u5766\u3001\u65af\u91cc\u5170\u5361\u3001\u6590\u6d4e\u3001\u6fb3\u6d32\u3001\u65b0\u897f\u5170\u3001\u5357\u97e9\u548c\u5370\u5c3c\u3002\u5b83\u5e76\u63d0\u51fa\uff0c\u65e5\u672c\u3001\u5370\u5ea6\u3001\u9a6c\u6765\u897f\u4e9a\u3001\u53f0\u6e7e\u548c\u65b0\u897f\u5170\u8fd8\u5728\u4fee\u8865\u653f\u5e9c\u8d22\u653f\u3002<\/p>\n
\u4e13\u5bb6\u9884\u671f\u80a1\u5e02\u77ed\u7ebf\u6709\u53cd\u5f39<\/p>\n
\u7f8e\u56fd\u4e3b\u6743\u4fe1\u8d37\u8bc4\u7ea7\u201c\u7834\u5929\u8352\u201d\u88ab\u4e0b\u8c03\uff0c\u7a76\u7adf\u4f1a\u5f15\u53d1\u80a1\u5e02\u8f69\u7136\u5927\u6ce2\u6291\u6216\u4ec5\u6cdb\u8d77\u6d9f\u6f2a\uff1f\u201c\u91d1\u7816\u56db\u56fd\u4e4b\u7236\u201d\u3001\u9ad8\u76db\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u8463\u4e8b\u957fJim O’Neill\u8ba4\u4e3a\uff0c\u6807\u666e\u7684\u4e3e\u52a8\u96be\u4ee5\u52a8\u6447\u7f8e\u503a\u5730\u4f4d\u3002<\/p>\n
\u91d1\u7816\u56fd\u4e4b\u7236\uff1a\u6050\u614c\u629b\u552e\u589e\u7f8e\u503a\u9700\u6c42<\/p>\n
Jim O’Neill\u6307\u51fa\uff0c\u7a46\u8fea\u6295\u8d44\u53ca\u60e0\u8a89\u90fd\u7ef4\u6301\u7f8e\u503a\u8bc4\u7ea7\uff0c\u552f\u72ec\u6807\u666e\u8c03\u4f4e\u8bc4\u7ea7\uff0c\u8ba4\u4e3a\u5c3d\u7ba1\u6807\u666e\u6b64\u4e3e\u5177\u8c61\u5f81\u610f\u5473\uff0c\u4f46\u5e02\u573a\u5bf9\u6d88\u606f\u65e9\u6709\u9884\u671f\uff0c\u6807\u666e\u5728\u8ba1\u7b97\u4e0a\u6709\u4e89\u8bae\uff0c\u53c8\u4ee4\u964d\u7ea7\u53ef\u9760\u6027\u6253\u6298\u6263\u3002\u52a0\u4e0a\u6295\u8d44\u8005\u7ecf\u8fc7\u4e0a\u5468\u7684\u6050\u614c\u6027\u629b\u552e\uff0c\u53ea\u4f1a\u5bf9\u98ce\u9669\u76f8\u5bf9\u8f83\u4f4e\u7684\u7f8e\u503a\u9700\u6c42\u66f4\u5927\uff0c\u6545\u6b64\uff0c\u5373\u4f7f\u7f8e\u56fd\u4e3b\u6743\u4fe1\u8d37\u5931\u53bb\u201cAAA\u201d\u8bc4\u7ea7\u4f1a\u4e8e\u77ed\u671f\u5185\u5bf9\u5e02\u573a\u6784\u6210\u4e00\u5b9a\u5f71\u54cd\uff0c\u4ed6\u4ea6\u8d28\u7591\u4e8b\u4ef6\u80fd\u5426\u771f\u6b63\u52a8\u6447\u7f8e\u503a\u5730\u4f4d\u3002<\/p>\n
\u300a\u5df4\u4f26\u300b\u91d1\u878d\u5468\u520a\u4f5c\u8005\u5df4\u91cc(Andrew Bary)\u4ea6\u64b0\u6587\u6307\u51fa\uff0c\u7ecf\u8fc7\u4e0a\u5468\u7684\u5927\u8dcc\u5e02\uff0c\u6807\u666e500\u6307\u6570\u4eca\u5e74\u5e95\u9884\u6d4b\u5e02\u76c8\u7387\u5df2\u8dcc\u81f3\u7ea612\u500d\uff1b\u9053\u6307\u9884\u6d4b\u5e02\u76c8\u7387\u5219\u66f4\u4f4e\uff0c\u7ea6\u4e3a11.6\u500d\uff0c\u80a1\u606f\u7387\u8fbe2.62%\uff0c\u8f8310\u5e74\u671f\u56fd\u503a\u76842.56%\u606f\u7387\u66f4\u9ad8\uff0c\u8ba4\u4e3a\u7f8e\u80a1\u5728\u73b0\u6c34\u5e73\u5438\u5f15\uff0c\u5efa\u8bae\u6295\u8d44\u8005\u5165\u5e02\u3002<\/p>\n
\u6e2f\u80a1\u65b9\u9762\uff0cBMI\u57fa\u91d1\u7ba1\u7406\u603b\u88c1\u6c88\u5e86\u6d2a\u9884\u671f\u5373\u4f7f\u77ed\u7ebf\u6709\u53cd\u5f39\uff0c\u4ea6\u4ec5\u5c5e\u201c\u6b7b\u732b\u5f39\u201d\u3002\u4e0d\u8fc7\uff0cAMTD\u8bc1\u5238\u4e1a\u52a1\u90e8\u603b\u7ecf\u7406\u9093\u58f0\u5174\u8ba4\u4e3a\u6bcb\u987b\u8fc7\u5206\u60b2\u89c2\uff0c\u6599\u6052\u6307\u572820300\u70b9\u6709\u652f\u6301\u3002<\/p>\n
\u6295\u8d44\u8005\u626b\u725b\u8bc1\u535a\u53cd\u5f39<\/p>\n
\u6b64\u5916\uff0c\u745e\u94f6\u80a1\u7968\u98ce\u9669\u7ba1\u7406\u4ea7\u54c1\u9500\u552e\u90e8\u8463\u4e8b\u603b\u7ecf\u7406\u4e8e\u6b63\u4eba\u900f\u9732\uff0c\u4e0a\u5468\u4e94\u6052\u6307\u5f00\u5e02\u5373\u8dcc\u8fd1\u5343\u70b9\uff0c\u867d\u4ee4\u5927\u91cf\u6052\u6307\u725b\u8bc1\u906d\u201c\u6253\u9776\u201d(\u88ab\u5f3a\u5236\u6536\u56de)\uff0c\u4f46\u4ea6\u6709\u4e0d\u5c11\u6295\u8d44\u8005\u5165\u5e02\u535a\u53cd\u5f39\uff0c\u4e70\u5165\u591a\u53ea\u56de\u6536\u4ef7\u4ecb\u4e4e20200\u70b9\u81f320600\u70b9\u7684\u725b\u8bc1\uff0c\u5355\u662f\u8be5\u884c\u53d1\u884c\u768420600\u70b9\u53ca20400\u70b9\u725b\u8bc1\uff0c\u5468\u4e94\u5f53\u65e5\u4fbf\u5206\u522b\u552e\u51fa1.4\u4ebf\u4efd\uff0c20200\u70b9\u4ea6\u552e\u51fa1\u4ebf\u4efd\u3002\u5018\u82e5\u6e2f\u80a1\u4eca\u65e5\u5ef6\u7eed\u4e0a\u5468\u4e94\u8dcc\u52bf\uff0c\u5219\u6709\u5173\u725b\u8bc1\u4ea6\u4f1a\u76f8\u7ee7\u201c\u6253\u9776\u201d\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"
\u56fd\u9645\u503a\u4fe1\u8bc4\u6bd4\u516c\u53f8\u6807\u51c6\u666e\u5c14(Standard & Poor’s)\u5468\u4e00\u8868\u793a\uff0c\u4e0d\u4f1a\u7acb\u5373\u5bf9\u7f8e\u56fd\u516c\u503a\u5728\u4e9a\u592a\u5730\u533a\u7684\u4e3b\u6743\u56fd\u5bb6\u4ea7\u751f\u5f71\u54cd\u3002\u4f46\u6807\u666e\u4ea6\u79f0\uff0c\u82e5\u5168\u7403\u6380\u8d77\u65b0\u7684\u91d1\u878d\u5371\u673a\uff0c\u6050\u6015\u4f1a\u8ba9\u4e00\u4e9b\u4e9a\u6d32\u56fd\u5bb6\u906d\u53d7\u66f4\u6c89\u91cd\u7684\u6253\u51fb\u3002 \u58f0\u660e\u4e2d\u8bf4\uff0c\u4e00\u65e6\u8870\u9000\u518d\u5ea6\u6765\u4e34\uff0c\u53ef\u80fd\u4f1a\u4ea7\u751f\u6bd4\u4e0a\u6b21\u66f4\u6df1\u5c42\u3001\u5ef6\u7eed\u66f4\u4e45\u7684\u5f71\u54cd\u3002\u4f46\u76ee\u524d\u800c\u8a00\uff0c\u5927…
Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=\/wp\/v2\/posts\/22559"}],"collection":[{"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22559"}],"version-history":[{"count":1,"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=\/wp\/v2\/posts\/22559\/revisions"}],"predecessor-version":[{"id":22560,"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=\/wp\/v2\/posts\/22559\/revisions\/22560"}],"wp:attachment":[{"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.jackjia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}