{"id":179987,"date":"2026-05-27T21:32:44","date_gmt":"2026-05-27T21:32:44","guid":{"rendered":"https:\/\/ktromedia.com\/?p=179987"},"modified":"2026-05-27T21:32:44","modified_gmt":"2026-05-27T21:32:44","slug":"%e9%93%9c%e9%87%912020%e5%b9%b4%e4%bf%a1%e5%8f%b7%e5%ae%9e%e9%99%85%e4%b8%8a%e5%85%b3%e4%b9%8e%e5%85%a8%e7%90%83%e6%b5%81%e5%8a%a8%e6%80%a7%ef%bc%8c%e8%80%8c%e4%b8%8d%e4%bb%85","status":"publish","type":"post","link":"https:\/\/ktromedia.com\/?p=179987","title":{"rendered":"\u94dc\u91d1\u201c2020\u5e74\u4fe1\u53f7\u201d\u5b9e\u9645\u4e0a\u5173\u4e4e\u5168\u7403\u6d41\u52a8\u6027\uff0c\u800c\u4e0d\u4ec5\u4ec5\u662f\u6bd4\u7279\u5e01"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"is-style-lead\">\u5927\u8086\u5ba3\u4f20\u7684\u94dc\u5bf9\u91d1\u7684\u7a81\u7834\u66f4\u591a\u5730\u8bf4\u660e\u4e86\u8d44\u672c\u5982\u4f55\u5728\u9632\u5fa1\u548c\u589e\u957f\u4e4b\u95f4\u8f6c\u6362\uff0c\u800c\u4e0d\u662f\u6bd4\u7279\u5e01\u672c\u8eab\u7684\u547d\u8fd0\u3002<\/p>\n<div id=\"cn-block-summary-block_cca07dcbba744d69b98152ef6fe48f98\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">\u6982\u62ec<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>\u94dc\u5151\u9ec4\u91d1\u7684\u8d70\u52bf\u6807\u5fd7\u7740\u4ece\u8d44\u672c\u4fdd\u503c\u5230\u751f\u4ea7\u6027\u98ce\u9669\u627f\u62c5\u7684\u8f6c\u53d8<\/li>\n<li>2026 \u5e74\u7684\u5bbd\u677e\u5468\u671f\u8fdc\u5c0f\u4e8e 2020 \u5e74\u4ee4\u4eba\u9707\u60ca\u7684\u901a\u8d27\u518d\u81a8\u80c0\uff0c\u8fd9\u610f\u5473\u7740\u5e02\u573a\u53cd\u5e94\u66f4\u52a0\u8c28\u614e<\/li>\n<li>\u6301\u7eed\u5f3a\u52b2\u7684\u9ec4\u91d1\u548c\u521b\u7eaa\u5f55\u7684\u592e\u884c\u8d2d\u4e70\u8868\u660e\u7ed3\u6784\u6027\u53bb\u7f8e\u5143\u5316\uff0c\u800c\u4e0d\u662f\u77ed\u6682\u7684\u6050\u60e7\u4ea4\u6613<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>\u4ee5\u592a\u574a\uff08<a href=\"https:\/\/crypto.news\/price\/ethereum\/\">\u4ee5\u592a\u574a<\/a>\uff09\u56fe\u8868\u548c\u6bd4\u7279\u5e01\uff08<a href=\"https:\/\/crypto.news\/price\/bitcoin\/\">\u6bd4\u7279\u5e01<\/a>\uff09\u6d41\u52a8\u53ef\u80fd\u4f1a\u5360\u636e\u66f4\u591a\u5934\u6761\u65b0\u95fb\uff0c\u4f46\u94dc\u4e0e\u9ec4\u91d1\u6bd4\u7387\u4e2d\u8574\u542b\u7684\u4fe1\u53f7\u6d89\u53ca\u6574\u4e2a\u5e02\u573a\u7efc\u5408\u4f53\u7684\u5168\u7403\u6d41\u52a8\u6027\u548c\u98ce\u9669\u504f\u597d\u3002\u6b63\u5982 ALCUM \u9996\u5e2d\u8fd0\u8425\u5b98 Vytautas Mackonis \u6240\u8bf4\uff0c\u201c\u5f53\u8d44\u672c\u5904\u4e8e\u4fdd\u503c\u6a21\u5f0f\u65f6\uff0c\u9ec4\u91d1\u8868\u73b0\u66f4\u597d\uff1a\u538c\u6076\u60c5\u7eea\u52a0\u5267\u3001\u4e0d\u786e\u5b9a\u6027\u66f4\u9ad8\u3001\u9632\u5fa1\u6027\u5b9a\u4f4d\u5360\u4e3b\u5bfc\u5730\u4f4d\u3002\u201d\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u201c\u5f53\u8d44\u672c\u8fdb\u5165\u5de5\u4e1a\u6d3b\u52a8\u65f6\uff0c\u94dc\u8868\u73b0\u826f\u597d\uff1a\u5236\u9020\u4e1a\u8ba2\u5355\u56de\u5347\u3001\u57fa\u7840\u8bbe\u65bd\u6295\u8d44\u52a0\u901f\u3001\u5468\u671f\u6027\u9700\u6c42\u589e\u957f\u3002\u201d\u4ed6\u8ba4\u4e3a\uff0c\u5f53\u8fd9\u4e00\u6bd4\u7387\u7a81\u7834 200 \u65e5\u79fb\u52a8\u5e73\u5747\u7ebf\u65f6\uff0c\u201c\u8fd9\u662f\u4e00\u4e2a\u4fe1\u53f7\uff0c\u8868\u660e\u9632\u5fa1\u6027\u8d44\u672c\u914d\u7f6e\u548c\u751f\u4ea7\u6027\u8d44\u672c\u914d\u7f6e\u4e4b\u95f4\u7684\u5e73\u8861\u5df2\u7ecf\u53d1\u751f\u6301\u4e45\u7684\u8f6c\u53d8\u3002\u201d\u6bd4\u7279\u5e01\u53ea\u662f\u54cd\u5e94\u8fd9\u79cd\u8f6c\u53d8\u7684\u4f17\u591a\u98ce\u9669\u654f\u611f\u8d44\u4ea7\u4e4b\u4e00\uff0c\u800c\u4e0d\u662f\u5b87\u5b99\u7684\u4e2d\u5fc3\u3002<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>\u94dc\u91d1\u7a81\u7834\u771f\u6b63\u4f53\u73b0\u7684\u662f\u5168\u7403\u6d41\u52a8\u6027\u7ec4\u5408\u7684\u53d8\u5316\uff1a\u6709\u591a\u5c11\u8d44\u4ea7\u8d1f\u503a\u8868\u7a7a\u95f4\u548c\u653f\u7b56\u7a7a\u95f4\u88ab\u6ce8\u5165\u589e\u957f\u800c\u975e\u4fdd\u62a4\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u5b83\u662f\u4e00\u4e2a\u5b8f\u89c2\u6674\u96e8\u8868\u3002\u5f53\u94dc\u8868\u73b0\u4f18\u5f02\u65f6\uff0c\u8fd9\u8868\u660e\u4fe1\u8d37\u6b63\u5728\u6d41\u5165\u5de5\u5382\u3001\u8d44\u672c\u652f\u51fa\u548c\u5e93\u5b58\uff0c\u800c\u4e0d\u662f\u9690\u85cf\u5728\u91d1\u5e93\u548c\u56fd\u5e93\u5238\u68af\u5b50\u4e2d\u3002\u8fd9\u5bf9\u4e8e\u4ece\u80a1\u7968\u5230\u9ad8\u6536\u76ca\u4fe1\u8d37\uff0c\u5f53\u7136\u8fd8\u6709\u52a0\u5bc6\u8d27\u5e01\u7684\u4e00\u5207\u4e8b\u7269\u90fd\u5f88\u91cd\u8981\u3002\u4f46\u6b63\u5982\u9ea6\u79d1\u5c3c\u65af\u6240\u5f3a\u8c03\u7684\u90a3\u6837\uff0c\u201c\u8fd9\u5bf9\u5168\u7403\u6d41\u52a8\u6027\u800c\u8a00\u81f3\u5173\u91cd\u8981\u3002\u6bd4\u7279\u5e01\u662f\u5e94\u5bf9\u8fd9\u4e00\u8f6c\u53d8\u7684\u4f17\u591a\u98ce\u9669\u654f\u611f\u8d44\u4ea7\u4e4b\u4e00\u3002\u201d\u5c06\u8fd9\u4e00\u6bd4\u7387\u89c6\u4e3a\u795e\u79d8\u7684\u6bd4\u7279\u5e01\u4e13\u7528\u6307\u6807\u5b8c\u5168\u6ca1\u6709\u6293\u4f4f\u8981\u70b9\u3002<\/p>\n<h2 class=\"wp-block-heading\" id=\"2026-is-not-a-rerun-of-2020\">2026 \u5e74\u4e0d\u662f 2020 \u5e74\u7684\u91cd\u6f14<\/h2>\n<p>\u4eba\u4eec\u5f88\u5bb9\u6613\u5728\u770b\u5230\u94dc\u91d1\u7a81\u7834\u540e\u5927\u558a\u201c2020\u5e74\u53c8\u6765\u4e86\u201d\uff0c\u9884\u8ba1\u5728\u6d41\u52a8\u6027\u6d6a\u6f6e\u7684\u63a8\u52a8\u4e0b\uff0c\u98ce\u9669\u8d44\u4ea7\u5c06\u518d\u6b21\u51fa\u73b0\u4e95\u55b7\u5f0f\u8d70\u52bf\u3002\u8fd9\u662f\u61d2\u60f0\u7684\u5206\u6790\u3002 2020 \u5e74\u7684\u901a\u8d27\u518d\u81a8\u80c0\u662f\u7d27\u6025\u60c5\u51b5\u9a71\u52a8\u7684\uff0c\u800c\u4e14\u662f\u5386\u53f2\u4e0a\u7684\u6781\u7aef\u60c5\u51b5\u3002\u8fd9 <a href=\"https:\/\/crypto.news\/feds-waller-warns-inflation-may-force-new-hikes-rattling-risk-assets\/\">\u7f8e\u8054\u50a8<\/a> 2020 \u5e74 3 \u6708\u81f3 2022 \u5e74 3 \u6708\u671f\u95f4\uff0c\u7f8e\u8054\u50a8\u5c06\u5229\u7387\u964d\u81f3 0-0.25%\uff0c\u5e76\u542f\u52a8\u4e86\u7ea6 4.6 \u4e07\u4ebf\u7f8e\u5143\u7684\u8d44\u4ea7\u8d2d\u4e70\u8ba1\u5212\uff0c\u800c\u300aCARES \u6cd5\u6848\u300b\u5728\u51e0\u4e2a\u6708\u5185\u5411\u7f8e\u56fd\u7ecf\u6d4e\u6ce8\u5165\u4e86\u7ea6 2.2 \u4e07\u4ebf\u7f8e\u5143\u7684\u8d22\u653f\u523a\u6fc0\u63aa\u65bd\u3002\u8fd9\u79cd\u7ec4\u5408\u5bf9\u6bcf\u4e00\u79cd\u98ce\u9669\u8d44\u4ea7\u90fd\u4ea7\u751f\u4e86\u5f3a\u70c8\u7684\u51b2\u51fb\uff1a\u79d1\u6280\u80a1\u3001\u5783\u573e\u4fe1\u8d37\u3001\u8ff7\u56e0\u540d\u79f0\u548c\u52a0\u5bc6\u8d27\u5e01\u90fd\u7ecf\u5386\u4e86\u540c\u6837\u7684\u73b0\u91d1\u6d77\u5578\u3002<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u94dc\u4ef7\u4ecd\u63a5\u8fd1\u5386\u53f2\u9ad8\u4f4d\u3002 <\/p>\n<p>\u522b\u7761\u5728\u4e0a\u9762\u3002<\/p>\n<p>\u2014 \u9ec4\u91d1\u7535\u8baf\u62a5 \u26a1 (@GoldTelegraph_) <a href=\"https:\/\/twitter.com\/GoldTelegraph_\/status\/2059314916239249629?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">2026 \u5e74 5 \u6708 26 \u65e5<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>2026 \u5e74\uff0c\u80cc\u666f\u622a\u7136\u4e0d\u540c\u3002\u7f8e\u8054\u50a8\u4e8e 2025 \u5e74 12 \u6708\u5c06\u5229\u7387\u964d\u81f3 3.50-3.75%\uff0c\u6b63\u5982 Mackonis \u6307\u51fa\u7684\u90a3\u6837\uff0c\u4eca\u5e74\u5e74\u521d\uff0c\u6469\u6839\u5927\u901a\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7b49\u4e3b\u8981\u673a\u6784\u9884\u8ba1\u7f8e\u8054\u50a8\u5c06\u7ef4\u6301\u5bbd\u677e\u503e\u5411\uff0c\u4f46\u8d77\u70b9\u8981\u9ad8\u5f97\u591a\u3002\u8fd9\u4e0d\u662f\u201c\u5370\u949e\u673a\u5feb\u70b9\u8d70\u5427\u201d\u3002\u8fd9\u662f\u7d27\u7f29\u5468\u671f\u540e\u8c28\u614e\u7684\u6b63\u5e38\u5316\uff0c\u8d44\u4ea7\u8d1f\u503a\u8868\u4ecd\u7136\u81c3\u80bf\uff0c\u653f\u7b56\u5236\u5b9a\u8005\u663e\u7136\u5bf9\u91cd\u65b0\u5f15\u53d1\u901a\u80c0\u611f\u5230\u7d27\u5f20\u3002\u4ed6\u8ba4\u4e3a\uff0c\u7ed3\u679c\u662f\u201c\u5e02\u573a\u53cd\u5e94\u53ef\u80fd\u4f1a\u66f4\u52a0\u8c28\u614e\u3002\u201d\u53ea\u8981\u6d41\u52a8\u6027\u6e29\u548c\u6269\u5f20\u4e14\u7ecf\u6d4e\u907f\u514d\u786c\u7740\u9646\uff0c\u98ce\u9669\u8d44\u4ea7\u4ecd\u7136\u53ef\u4ee5\u8868\u73b0\u826f\u597d\uff0c\u4f46\u671f\u671b 2020 \u5e74\u629b\u7269\u7ebf\u8d70\u52bf\u7684\u590d\u5236\u662f\u75f4\u4eba\u8bf4\u68a6\u3002<\/p>\n<h2 class=\"wp-block-heading\" id=\"golds-behavior-proves-this-is-structural-not-a-moo\">\u9ec4\u91d1\u7684\u8868\u73b0\u8bc1\u660e\u8fd9\u662f\u7ed3\u6784\u6027\u7684\uff0c\u800c\u4e0d\u662f\u60c5\u7eea\u6ce2\u52a8<\/h2>\n<p>\u6e05\u6d01\u5de5\u544a\u8bc9\u6211\u4eec\uff0c2026 \u5e74\u662f\u4e00\u4e2a\u4e0d\u540c\u7684\u91ce\u517d\uff0c\u5b83\u672c\u8eab\u5c31\u662f\u9ec4\u91d1\u3002 2020\u5e74\uff0c\u4e00\u65e6\u5e02\u573a\u679c\u65ad\u8f6c\u5411\u98ce\u9669\u504f\u597d\u6a21\u5f0f\uff0c\u968f\u7740\u8d44\u672c\u4ece\u9632\u5fa1\u6027\u8d44\u4ea7\u8f6c\u5411\u5468\u671f\u6027\u8d44\u4ea7\u548c\u6295\u673a\u6027\u8d44\u4ea7\uff0c\u9ec4\u91d1\u5c31\u4f1a\u906d\u5230\u629b\u552e\u3002\u6295\u8d44\u8005\u653e\u5f03\u4e86\u9632\u7a7a\u6d1e\uff0c\u51b2\u8fdb\u4e86\u4efb\u4f55\u6709\u8d1d\u5854\u503c\u7684\u9886\u57df\u3002\u8fd9\u4e00\u6b21\uff0c\u5e72\u51c0\u7684\u8f6e\u6362\u6ca1\u6709\u53d1\u751f\u3002 Mackonis \u89c2\u5bdf\u5230\uff0c\u201c\u9ec4\u91d1\u4ea4\u6613\u4ef7\u683c\u7ee7\u7eed\u63a5\u8fd1\u5386\u53f2\u9ad8\u4f4d\u201d\uff0c\u592e\u884c\u5728 2025 \u5e74\u8d2d\u4e70\u4e86 863 \u5428\uff0c\u8fdc\u9ad8\u4e8e 2010-2021 \u5e74 473 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<a href=\"https:\/\/crypto.news\/gold-slips-below-4500-as-fed-fears-rattle-record-run\/\">\u9ec4\u91d1\u5982\u6050\u614c<\/a>\uff0c\u66f4\u591a\u7684\u9ec4\u91d1\u4f5c\u4e3a\u5b89\u9759\u7684\u8d27\u5e01\u8c03\u6574\u3002\u6bd4\u7279\u5e01\u5c06\u5bf9\u8fd9\u79cd\u5236\u5ea6\u4ee5\u53ca\u5176\u4ed6\u4e00\u5207\u505a\u51fa\u53cd\u5e94\uff0c\u4f46\u8fd9\u4e2a\u6545\u4e8b\u6bd4\u52a0\u5bc6\u8d27\u5e01\u4eea\u8868\u677f\u4e0a\u7684\u4efb\u4f55\u5355\u4e2a\u56fe\u8868\u90fd\u8981\u5927\u3002<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5927\u8086\u5ba3\u4f20\u7684\u94dc\u5bf9\u91d1\u7684\u7a81\u7834\u66f4\u591a\u5730\u8bf4\u660e\u4e86\u8d44\u672c\u5982\u4f55\u5728\u9632\u5fa1\u548c\u589e\u957f\u4e4b\u95f4\u8f6c\u6362\uff0c\u800c\u4e0d\u662f\u6bd4\u7279\u5e01\u672c\u8eab\u7684\u547d\u8fd0\u3002 \u6982\u62ec 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