{"id":116,"date":"2022-10-31T08:00:00","date_gmt":"2022-10-31T08:00:00","guid":{"rendered":""},"modified":"2026-06-23T02:19:04","modified_gmt":"2026-06-23T02:19:04","slug":"what-happened-in-3q-and-what-investors-are-watching-for-year-end","status":"publish","type":"ss_article","link":"https:\/\/www.irostors.com\/zh_CN\/article\/what-happened-in-3q-and-what-investors-are-watching-for-year-end\/","title":{"rendered":"\u7b2c\u4e09\u5b63\u5ea6\u53d1\u751f\u4e86\u4ec0\u4e48\uff1f\u6295\u8d44\u8005\u5e74\u672b\u5173\u6ce8\u7684\u7126\u70b9\u53c8\u662f\u4ec0\u4e48\uff1f"},"content":{"rendered":"<p>3Q22 continued to be marked by geopolitical tensions, elevated volatility, and the fastest pace of central bank tightening in decades. Central banks stifled the market&#8217;s hopes of a policy pivot as they reaffirmed their commitment to fighting inflation. The Fed, ECB, and BOE raised interest rates in the quarter. Emerging markets underperformed developed markets, and commodities generally declined.<\/p>\n<p>\u968f\u7740\u5404\u56fd\u592e\u884c\u6297\u51fb\u901a\u80c0\uff0c\u5927\u591a\u6570\u6295\u8d44\u7ecf\u7406\u9884\u8ba1\u672a\u6765\u589e\u957f\u5c06\u8d70\u5f31\u3002\u4ed6\u4eec\u9884\u8ba1\u76c8\u5229\u548c\u4f30\u503c\u500d\u6570\u5c06\u8fdb\u4e00\u6b65\u6536\u7f29\uff0c\u5c24\u5176\u662f\u5728\u53d1\u8fbe\u5e02\u573a\uff1b\u8f83\u9ad8\u5229\u7387\u3001\u6d41\u52a8\u6027\u6536\u7d27\u548c\u91d1\u878d\u72b6\u51b5\u6076\u5316\u662f\u4e3b\u8981\u539f\u56e0\u3002Fidelity\u3001AllianceBernstein\u3001Russell Investments\u3001Neuberger Berman\u53caAmundi\u7b49\u673a\u6784\u5f62\u6210\u5171\u8bc6\uff0c\u8ba4\u4e3a\u6b27\u5143\u533a\u548c\u82f1\u56fd\u5373\u5c06\u9677\u5165\u8870\u9000\uff0c\u7f8e\u56fd\u5219\u5c06\u57282023\u5e74\u51fa\u73b0\u6e29\u548c\u8870\u9000\u3002Wellington Management\u770b\u597d\u7f8e\u56fd\u548c\u65e5\u672c\u80a1\u7968\u80dc\u8fc7\u6b27\u6d32\u53ca\u65b0\u5174\u5e02\u573a\uff0c\u539f\u56e0\u662f\u9ad8\u80fd\u6e90\u4ef7\u683c\u3001\u4e2d\u56fd\u7ecf\u6d4e\u75b2\u5f31\u4ee5\u53ca\u7f8e\u5143\u8d70\u5f3a\u5e26\u6765\u7684\u5f71\u54cd\u3002<\/p>\n<h2>\u7f8e\u56fd<\/h2>\n<p>\u7f8e\u56fd\u80a1\u7968\u5728\u7b2c\u4e09\u5b63\u5ea6\u4e0b\u8dcc -4.9%\u3002\u901a\u4fe1\u670d\u52a1\u548c\u623f\u5730\u4ea7\u662f\u672c\u5b63\u5ea6\u8868\u73b0\u6700\u5f31\u7684\u884c\u4e1a\u4e4b\u4e00\uff0c\u800c\u975e\u5fc5\u9700\u6d88\u8d39\u54c1\u548c\u80fd\u6e90\u884c\u4e1a\u8868\u73b0\u6700\u5177\u97e7\u6027\u3002<\/p>\n<p>8\u6708\u7684\u6770\u514b\u900a\u970d\u5c14\u4f1a\u8bae\u6253\u6d88\u4e86\u5e02\u573a\u5bf92023\u5e74\u964d\u606f\u7684\u5e0c\u671b\u3002PIMCO\u9884\u8ba1\uff0c\u7f8e\u8054\u50a8\u5c06\u628a\u653f\u7b56\u5229\u7387\u4e0a\u8c03\u81f34.5%\u20135%\u7684\u533a\u95f4\uff0c\u968f\u540e\u6682\u505c\u52a0\u606f\u4ee5\u8bc4\u4f30\u5176\u5bf9\u7ecf\u6d4e\u7684\u5f71\u54cd\u3002<\/p>\n<p>\u6b63\u5982Russell Investments\u6240\u6307\u51fa\u7684\uff0c\u5bb6\u5ead\u548c\u4f01\u4e1a\u8d44\u4ea7\u8d1f\u503a\u8868\u72b6\u51b5\u826f\u597d\uff0c\u56e0\u6b64\u7f8e\u56fd\u9677\u5165\u6df1\u5ea6\u8870\u9000\u7684\u53ef\u80fd\u6027\u8f83\u4f4e\u3002Neuberger Berman\u8ba4\u4e3a\uff0c\u75ab\u60c5\u671f\u95f4\u7684\u523a\u6fc0\u63aa\u65bd\u901a\u8fc7\u80a1\u5e02\u548c\u623f\u5730\u4ea7\u7e41\u8363\u4ee4\u7f8e\u56fd\u8f83\u5bcc\u88d5\u6d88\u8d39\u8005\u7684\u8d22\u5bcc\u589e\u52a0\u3002\u59cb\u4e8e\u5546\u54c1\u6d88\u8d39\u7684\u652f\u51fa\u70ed\u6f6e\u5df2\u7ecf\u8f6c\u5411\u670d\u52a1\u6d88\u8d39\uff0c\u4e14\u4ecd\u5728\u6301\u7eed\u3002Neuberger Berman\u8ba4\u4e3a\uff0c\u8fd9\u4e9b\u6d88\u8d39\u8005\u7684\u8d22\u5bcc\u8fd8\u9700\u8981\u8fdb\u4e00\u6b65\u51cf\u5c11\uff0c\u624d\u80fd\u6291\u5236\u901a\u80c0\u3002\u56e0\u6b64\uff0c\u8be5\u673a\u6784\u9884\u8ba1\u6807\u666e500\u6307\u6570\u5c06\u8dcc\u81f3\u7ea63,000\u70b9\u7684\u4f4e\u4f4d\uff0cabrdn\u4e5f\u5173\u6ce8\u7c7b\u4f3c\u6c34\u5e73\u3002BlackRock\u6ca1\u6709\u7ed9\u51fa\u5177\u4f53\u70b9\u4f4d\uff0c\u4f46\u8ba4\u4e3a\u80a1\u7968\u4ecd\u6709\u8fdb\u4e00\u6b65\u4e0b\u8dcc\u7a7a\u95f4\uff0c\u56e0\u4e3a\u8870\u9000\u98ce\u9669\u4e0e\u9ad8\u5229\u7387\u7684\u5f71\u54cd\u5c1a\u672a\u5b8c\u5168\u53cd\u6620\u5728\u4ef7\u683c\u4e2d\u3002<\/p>\n<h2>\u6b27\u5143\u533a<\/h2>\n<p>\u5728\u80fd\u6e90\u5371\u673a\u6301\u7eed\u3001\u901a\u80c0\u4e0a\u5347\u4ee5\u53ca\u7ecf\u6d4e\u589e\u957f\u524d\u666f\u4ee4\u4eba\u62c5\u5fe7\u7684\u80cc\u666f\u4e0b\uff0c\u6b27\u5143\u533a\u80a1\u7968\u5728\u7b2c\u4e09\u5b63\u5ea6\u5927\u5e45\u4e0b\u8dcc -4.5%\u3002\u6240\u6709\u884c\u4e1a\u5747\u5f55\u5f97\u8d1f\u56de\u62a5\uff0c\u5176\u4e2d\u901a\u4fe1\u670d\u52a1\u3001\u623f\u5730\u4ea7\u548c\u533b\u7597\u4fdd\u5065\u8868\u73b0\u6700\u5dee\u3002<\/p>\n<p>Annual inflation for the Eurozone was estimated at 10.0% in September, up from 9.1% in August. Energy costs continued to be the most significant contributor to inflation. Nord stream&#8217;s stop-and-go pressured power generators further and intensified worries over potential energy shortages this winter. Read more on this in our previous blog.<\/p>\n<p>\u6b27\u5143\u533a\u53ef\u80fd\u8f83\u65e9\u9677\u5165\u8870\u9000\uff0c\u4f46\u8fd9\u4e5f\u610f\u5473\u7740\u590d\u82cf\u53ef\u80fd\u66f4\u65e9\u5230\u6765\u3002Lazard Asset Management\u8ba4\u4e3a\uff0c\u6b27\u6d32\u4f01\u4e1a\u4e4b\u95f4\u65e5\u76ca\u660e\u663e\u7684\u5dee\u5f02\u5c06\u5e26\u6765\u6295\u8d44\u673a\u4f1a\uff0c\u56e0\u4e3a\u5404\u56fd\u653f\u5e9c\u652f\u6301\u529b\u5ea6\u4e0d\u540c\uff0c\u80fd\u6e90\u4ef7\u683c\u6846\u67b6\u5e76\u4e0d\u7edf\u4e00\uff0c\u5bf9\u5929\u7136\u6c14\u7684\u4f9d\u8d56\u7a0b\u5ea6\u4e5f\u5404\u5f02\u3002\u4f8b\u5982\uff0c\u4e0e\u5317\u6b27\u76f8\u6bd4\uff0c\u6cd5\u56fd\u5df2\u7ecf\u5bf9\u5de5\u4e1a\u5b9e\u884c\u76f8\u5bf9\u4e25\u683c\u7684\u4ef7\u683c\u7ba1\u5236\u3002\u897f\u73ed\u7259\u548c\u8461\u8404\u7259\u5bf9\u4fc4\u7f57\u65af\u5929\u7136\u6c14\u7684\u4f9d\u8d56\u8f83\u4f4e\uff0c\u51ac\u5b63\u6c14\u6e29\u4e5f\u66f4\u52a0\u53ef\u9884\u6d4b\u3002<\/p>\n<h2>\u82f1\u56fd<\/h2>\n<p>\u82f1\u56fd\u80a1\u7968\u5728\u7b2c\u4e09\u5b63\u5ea6\u4e0b\u8dcc -3.4%\u3002\u672c\u5b63\u5ea6\u7684\u4e00\u9879\u91cd\u5927\u4e8b\u4ef6\uff0c\u662fLiz Truss\u5f53\u9009\u65b0\u4efb\u4fdd\u5b88\u515a\u515a\u9b41\u5e76\u51fa\u4efb\u9996\u76f8\u3002\u7136\u800c\uff0c9\u6708\u516c\u5e03\u7684\u8d22\u653f\u65b9\u6848\u672a\u83b7\u5e02\u573a\u8ba4\u53ef\u3002\u82f1\u9551\u5151\u7f8e\u5143\u8dcc\u81f3\u5386\u53f2\u4f4e\u4f4d\uff0c\u82f1\u683c\u5170\u94f6\u884c\u88ab\u8feb\u4ecb\u5165\uff0c\u4ee5\u907f\u514d\u82f1\u56fd\u517b\u8001\u91d1\u5371\u673a\u3002<\/p>\n<p>\u5927\u578b\u8de8\u56fd\u5fc5\u9700\u6d88\u8d39\u54c1\u548c\u80fd\u6e90\u516c\u53f8\u8868\u73b0\u4f18\u4e8e\u5927\u5e02\uff0c\u56e0\u4e3a\u5b83\u4eec\u53ef\u80fd\u66f4\u80fd\u5e94\u5bf9\u6ede\u80c0\u3002\u5b83\u4eec\u5bf9\u6d77\u5916\u5e02\u573a\u7684\u5f3a\u5927\u655e\u53e3\u4e5f\u63d0\u632f\u4e86\u4ee5\u5f53\u5730\u8d27\u5e01\u8ba1\u4ef7\u7684\u6536\u5165\u3002<\/p>\n<p>Schroders\u8ba4\u4e3a\uff0c\u975e\u5fc5\u9700\u6d88\u8d39\u54c1\u3001\u8d44\u672c\u54c1\u548c\u623f\u5730\u4ea7\u884c\u4e1a\u77ed\u671f\u5185\u9762\u4e34\u6311\u6218\uff0c\u4f46\u5bf9\u5962\u4f88\u54c1\u3001\u94f6\u884c\u751a\u81f3\u516c\u7528\u4e8b\u4e1a\u7684\u770b\u6cd5\u66f4\u4e3a\u4e50\u89c2\uff0c\u5c3d\u7ba1\u8fd9\u4e9b\u673a\u4f1a\u9700\u8981\u66f4\u957f\u7684\u6295\u8d44\u671f\u9650\u3002<\/p>\n<h2>\u65e5\u672c<\/h2>\n<p>\u5c3d\u7ba1\u80a1\u5e02\u5728\u7b2c\u4e09\u5b63\u5ea6\u6536\u8dcc -0.8%\uff0c\u65e5\u672c\u4ecd\u662f\u672c\u5b63\u5ea6\u8868\u73b0\u7b2c\u4e8c\u597d\u7684\u5e02\u573a\u3002<\/p>\n<p>\u7531\u4e8e\u65e5\u672c\u592e\u884c\u7ef4\u6301\u653f\u7b56\u4e0d\u53d8\uff0c\u65e5\u5143\u5151\u7f8e\u5143\u6301\u7eed\u8d70\u5f31\u3002\u65e5\u5143\u8f7b\u6613\u8dcc\u7834140\u5173\u53e3\uff0c\u8fd9\u662f\u81ea1998\u5e74\u4ee5\u6765\u9996\u6b21\uff1b\u5982\u679c\u4e0d\u662f\u636e\u79f0\u5f97\u5230\u8d22\u653f\u7701\u652f\u6301\uff0c\u76ee\u524d\u53ef\u80fd\u5df2\u7ecf\u8dcc\u7834150\u3002<\/p>\n<p>\u5c3d\u7ba13\u6708\u81f36\u6708\u5b63\u5ea6\u7684\u76c8\u5229\u52a8\u80fd\u653e\u7f13\uff0c\u6574\u4f53\u4e1a\u7ee9\u4ecd\u8d85\u51fa\u9884\u671f\u3002\u5728\u6210\u672c\u538b\u529b\u4e0d\u65ad\u589e\u52a0\u7684\u60c5\u51b5\u4e0b\uff0c\u5229\u6da6\u7387\u4f9d\u7136\u4fdd\u6301\u97e7\u6027\u3002BlackRock\u6307\u51fa\uff0c\u66f4\u9ad8\u7684\u80a1\u606f\u548c\u5f3a\u52b2\u7684\u80a1\u7968\u56de\u8d2d\u4e5f\u662f\u65e5\u672c\u5e02\u573a\u8dd1\u8d62\u5927\u5e02\u7684\u63a8\u52a8\u56e0\u7d20\u3002<\/p>\n<p>Lazard Asset Management expects the trend to continue as more Japanese corporates implement higher dividend payout ratios and improved total shareholder return policies. Nikko AM shares the view and adds that China&#8217;s reopening should also benefit Japan.<\/p>\n<h2>\u4e9a\u592a\u533a\uff08\u65e5\u672c\u9664\u5916\uff09<\/h2>\n<p>China was the weakest market in the quarter, with -14.2%. Despite the unexpected factory activity expansion in August, the property sector slump and lockdowns in major cities weighed on investor sentiment and domestic demand. Nancy Pelosi&#8217;s visit to Taiwan in August added to geopolitical tensions. Fidelity expects earnings to improve as companies begin to enjoy a post-Covid recovery and lower commodity prices. Most managers think China is economically better positioned than the rest of the world thanks to loose monetary policy, fiscal support, lower energy prices, and prospects of reopening in 2023. Many expected the 20th Party Congress to show signs of easing the Covid policy. However, it did not happen, and expectations are now pushed to next year.<\/p>\n<p>\u5370\u5ea6\u4ee5\u6b63\u56de\u62a5\u7ed3\u675f\u672c\u5b63\u5ea6\u3002Barclays Private Bank\u4ecd\u770b\u597d\u5370\u5ea6\u80a1\u7968\uff0c\u539f\u56e0\u662f\u7ecf\u6d4e\u589e\u957f\u5f3a\u52b2\u3001\u6d88\u8d39\u6301\u7eed\u4ee5\u53ca\u8d22\u653f\u652f\u6301\u4e0d\u65ad\uff0c\u5c24\u5176\u8003\u8651\u52302024\u5e74\u5373\u5c06\u4e3e\u884c\u5927\u9009\u3002\u8be5\u884c\u504f\u597d\u94f6\u884c\u3001\u4fe1\u606f\u6280\u672f\u3001\u6d88\u8d39\u54c1\uff08\u805a\u7126\u5185\u9700\uff09\u4ee5\u53ca\u53c2\u4e0e\u4f4e\u78b3\u8f6c\u578b\u7684\u884c\u4e1a\u3002Eastspring\u6307\u51fa\uff0c\u5370\u5ea6\u3001\u8d8a\u5357\u548c\u5370\u5ea6\u5c3c\u897f\u4e9a\u5c06\u662f\u4f9b\u5e94\u94fe\u4ece\u4e2d\u56fd\u8f6c\u79fb\u8fc7\u7a0b\u4e2d\u6700\u4e3b\u8981\u7684\u53d7\u76ca\u8005\u3002<\/p>\n<p>\u6fb3\u5927\u5229\u4e9a\u4e0a\u6da80.5%\u3002\u5176\u7ecf\u6d4e\u6240\u5904\u4f4d\u7f6e\u53ef\u80fd\u4f18\u4e8e\u5927\u591a\u6570\u5e02\u573a\u3002\u5f53\u5730\u901a\u80c0\u60c5\u51b5\u6ca1\u6709\u5176\u4ed6\u53d1\u8fbe\u7ecf\u6d4e\u4f53\u90a3\u4e48\u4e25\u91cd\uff0c\u5de5\u8d44\u5236\u5b9a\u6846\u67b6\u4e5f\u53ef\u80fd\u6291\u5236\u5de5\u8d44\u4e0e\u7269\u4ef7\u87ba\u65cb\u4e0a\u5347\u3002\u5bb6\u5ead\u50a8\u84c4\u540c\u6837\u76f8\u5bf9\u5145\u88d5\uff0c\u4e3a\u6301\u7eed\u6d88\u8d39\u63d0\u4f9b\u66f4\u5927\u7a7a\u95f4\u3002\u7136\u800c\uff0cNikko AM\u9884\u8ba1\uff0c\u5927\u5b97\u5546\u54c1\u4ef7\u683c\u4e0b\u8dcc\u548c\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u75b2\u5f31\u5c06\u635f\u5bb3\u6fb3\u5927\u5229\u4e9a\u7ecf\u6d4e\uff0c\u5c3d\u7ba1\u4e2d\u56fd\u91cd\u65b0\u5f00\u653e\u53ef\u80fd\u7f13\u89e3\u90e8\u5206\u538b\u529b\u3002<\/p>\n<p>\u7531\u4e8e\u5168\u7403\u8d38\u6613\u524d\u666f\u6076\u5316\uff0c\u53f0\u6e7e\u548c\u97e9\u56fd\u80a1\u4ef7\u8868\u73b0\u8f83\u5f31\uff0c\u5206\u522b\u4e0b\u8dcc -8.5%\u548c -10.5%\u3002<\/p>\n<p>\u6cf0\u56fd\u3001\u65b0\u52a0\u5761\u548c\u9a6c\u6765\u897f\u4e9a\u80a1\u4ef7\u5728\u7b2c\u4e09\u5b63\u5ea6\u8d70\u5f31\uff0c\u4f46\u8868\u73b0\u51fa\u66f4\u5f3a\u97e7\u6027\uff0c\u90e8\u5206\u5f97\u76ca\u4e8e\u66f4\u6709\u529b\u7684\u5185\u9700\u3002<\/p>\n<p>\u5370\u5ea6\u5c3c\u897f\u4e9a\u4ee5\u6b63\u56de\u62a5\u7ed3\u675f\u672c\u671f\u3002<\/p>\n<h2>What is on investors&#8217; watchlist?<\/h2>\n<p>\u5bf9BlackRock\u800c\u8a00\uff0c\u7f8e\u56fd\u5e02\u573a\u4f30\u503c\u3001\u4f9b\u5e94\u74f6\u9888\u3001\u7f8e\u8054\u50a8\u653f\u7b56\u8def\u5f84\u4ee5\u53ca\u4f01\u4e1a\u76c8\u5229\u6076\u5316\u7a0b\u5ea6\u662f\u4e3b\u8981\u98ce\u9669\u3002\u4e2d\u671f\u9009\u4e3e\u53ef\u80fd\u5728\u77ed\u671f\u5185\u589e\u52a0\u6ce2\u52a8\uff0c\u4f46\u5927\u591a\u6570\u6295\u8d44\u7ecf\u7406\u5e76\u672a\u636e\u6b64\u8c03\u6574\u957f\u671f\u5224\u65ad\u3002<\/p>\n<p>\u5728\u6b27\u6d32\uff0c\u5173\u952e\u98ce\u9669\u5305\u62ec\uff1a\u541e\u5e76\u987f\u5df4\u65af\u3001\u5362\u7518\u65af\u514b\u3001\u624e\u6ce2\u7f57\u70ed\u548c\u8d6b\u5c14\u677e\u540e\uff0c\u4e4c\u514b\u5170\u6218\u4e89\u7684\u8fdb\u5c55\uff1b\u80fd\u6e90\u4ef7\u683c\u8d70\u5411\uff1b\u4ee5\u53ca\u9488\u5bf9\u4fc4\u7f57\u65af\u77f3\u6cb9\u548c\u5929\u7136\u6c14\u5236\u88c1\u4e0e\u4ef7\u683c\u4e0a\u9650\u6240\u91c7\u53d6\u7684\u8d22\u653f\u548c\u8d27\u5e01\u653f\u7b56\u3002<\/p>\n<p>\u5728\u65e5\u672c\uff0cRuffer Investment\u8ba4\u4e3a\uff0c\u7531\u4e8e\u65e5\u5143\u8d2c\u503c\u5e26\u6765\u7684\u653f\u6cbb\u538b\u529b\uff0c\u65e5\u672c\u592e\u884c\u53ef\u80fd\u6bd4\u9884\u671f\u66f4\u65e9\u6539\u53d8\u653f\u7b56\u3002<\/p>\n<p>\u5728\u4e2d\u56fd\uff0c\u6295\u8d44\u8005\u5173\u6ce8\u65b0\u51a0\u653f\u7b56\u662f\u5426\u51fa\u73b0\u8f6c\u6298\u3001\u623f\u5730\u4ea7\u884c\u4e1a\u503a\u52a1\u5371\u673a\u80fd\u5426\u5f97\u5230\u660e\u786e\u89e3\u51b3\uff0c\u4ee5\u53ca\u56f4\u7ed5\u53f0\u6e7e\u7684\u7d27\u5f20\u5c40\u52bf\u662f\u5426\u51fa\u73b0\u4efb\u4f55\u65b0\u53d1\u5c55\u3002<\/p>\n<p>\u5728\u5370\u5ea6\uff0cLiontrust\u7b49\u6295\u8d44\u7ecf\u7406\u5bc6\u5207\u5173\u6ce8\u4f30\u503c\u76f8\u5bf9\u504f\u9ad8\u4ee5\u53ca\u6cb9\u4ef7\u7a81\u7136\u4e0a\u6da8\u7684\u98ce\u9669\u3002<\/p>\n<p>In Australia, a couple of managers, including JPM Asset Management, highlight that the property market warrants monitoring as RBA&#8217;s rate hikes increased households&#8217; mortgage burden substantially and dampened consumer confidence.<\/p>\n<p>\u5e0c\u671b\u672c\u6587\u80fd\u4e3a\u60a8\u5e26\u6765\u5e2e\u52a9\uff0c\u4e5f\u5e0c\u671b\u6211\u4eec\u7684\u7814\u7a76\u7ed3\u679c\u80fd\u4e3a\u60a8\u4e0e\u6f5c\u5728\u6295\u8d44\u8005\u7684\u4ea4\u6d41\u63d0\u4f9b\u53c2\u8003\u3002\u60a8\u53ef\u4ee5\u901a\u8fc7Irostors\u8054\u7cfb\u672c\u6587\u63d0\u53ca\u7684\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7684\u8bb8\u591a\u5206\u6790\u5e08\u548c\u6295\u8d44\u7ec4\u5408\u7ecf\u7406\u3002\u5982\u60a8\u6709\u5174\u8da3\uff0c\u6b22\u8fce\u8054\u7cfb\u6211\u4eec\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>3Q22 continued to be marked by geopolitical tensions, elevated volatility, and the fastest pace of central bank tightening in decades. Central banks stifled the market&#8217;s hopes of a policy pivot as they reaffirmed their commitment to fighting inflation. The Fed, ECB, and BOE raised interest rates in the quarter. Emerging markets underperformed developed markets, and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":141,"template":"","class_list":["post-116","ss_article","type-ss_article","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/ss_article\/116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/ss_article"}],"about":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/types\/ss_article"}],"author":[{"embeddable":true,"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/users\/3"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/media\/141"}],"wp:attachment":[{"href":"https:\/\/www.irostors.com\/zh_CN\/wp-json\/wp\/v2\/media?parent=116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}