What the collapse of the Afghan government might mean for the U.S. stock market_老虎社区_美港股上老虎

What the collapse of the Afghan government might mean for the U.S. stock market

MarketWatch2021-08-16

After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid...

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676

LimLS
·2021-08-17
While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.
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rabbit0112
·2021-08-17
Like please
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2
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Kelvinyoon26
·2021-08-17
Like pls
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3
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- BenYSLim:
  Done
  2021-08-17
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jingsheng
·2021-08-17
cool
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4
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- jingsheng:
  cool
  2021-08-17
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HH浩
·2021-08-17
While US government plug the losses in Afghanistan, investing community celebrate.
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3
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7983eeb5
·2021-08-17
Like pls
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3
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newwen
·2021-08-17
Up
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- newwen:
  up
  2021-08-17
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StayHome
·2021-08-17
The US govt will be able to save a lot of money from withdrawing it’s troop from Afghanistan …Pls like and comment. Thanks.
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- 88huat:
  Ok
  2021-08-17
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- keaty:
  $2+tri for 20 yrs, works out to be roughly saving... $8+bil/mth. redeployment to keep it's 7th fleet comfortably
  2021-08-18
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- keaty:
  Taliban is now smarter. be king and don't make more enemies. just protect one person at cost of whole gov/ country.... worth it? after wanted man is gone now 🤔
  2021-08-18
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4872be6
·2021-08-17
Sob
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Darylzhuo
·2021-08-17
Please like and comment. Thank you
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- Mclye:
  Like
  2021-08-17
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21a985fa
·2021-08-17
Hiaz[呆住] [呆住]
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4
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- ken26ksh:
  Sad
  2021-08-17
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Jkan
·2021-08-17
Oh man
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2
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- Darylzhuo:
  Haah
  2021-08-17
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STKG
·2021-08-17
Yet to know the impact
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- sylarspock:
  [Cool]
  2021-08-17
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watertreader
·2021-08-17
Fearsome
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2
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- SallyNeo:
  Ok
  2021-08-17
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cktana
·2021-08-17
Hi
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3
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- cktana:
  hi
  2021-08-17
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JimmyLZH
·2021-08-17
Ok
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8
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- Jkan:
  Ok
  2021-08-17
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suresh11
·2021-08-17
Latest..pls like n comment
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6
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- KlWong:
  Ok
  2021-08-17
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- 麦克斯T:
  Done
  2021-08-17
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MN27
·2021-08-17
Like and comment pls
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6
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- Limth:
  bad news
  2021-08-17
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小白添祥
·2021-08-17
like & comment please, thank you very much
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5
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- 6f1f76d0:
  yes
  2021-08-17
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MHh
·2021-08-17
Ok
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21
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- koolgal:
  👍😊
  2021-09-13
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- 小白添祥:
  like & comment please, thank you very much
  2021-08-17
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Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","kind":"highlight","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[{"id":839423532,"gmtCreate":1629175474826,"gmtModify":1631893517111,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3572923586954779","idStr":"3572923586954779"},"htmlText":"While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.&nbsp;","listText":"While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.&nbsp;","text":"While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839423532","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839681333,"gmtCreate":1629156651022,"gmtModify":1633687040354,"author":{"id":"4088071561934010","authorId":"4088071561934010","name":"rabbit0112","avatar":"https://static.tigerbbs.com/f34a76da0c81813be84eb946d69d797f","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"4088071561934010","idStr":"4088071561934010"},"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839681333","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839683031,"gmtCreate":1629156594523,"gmtModify":1633687041638,"author":{"id":"3558581504257803","authorId":"3558581504257803","name":"Kelvinyoon26","avatar":"https://static.tigerbbs.com/17c18f026fcaa77f437cb20f39e1b4ef","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3558581504257803","idStr":"3558581504257803"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839683031","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548909,"gmtCreate":1629156620510,"gmtModify":1635149964212,"authorId":3584102971420376,"author":{"id":3584102971420376,"idStr":"3584102971420376","authorId":3584102971420376,"name":"BenYSLim","avatar":"https://static.tigerbbs.com/94898501beebba354d54215388e5f9d1","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839683031,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":839680631,"gmtCreate":1629156537423,"gmtModify":1633687043245,"author":{"id":"3581677245508986","authorId":"3581677245508986","name":"jingsheng","avatar":"https://static.tigerbbs.com/d8033cad6345c7bb7d312f5a8020404a","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3581677245508986","idStr":"3581677245508986"},"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839680631","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548894,"gmtCreate":1629156548593,"gmtModify":1635149965564,"authorId":3581677245508986,"author":{"id":3581677245508986,"idStr":"3581677245508986","authorId":3581677245508986,"name":"jingsheng","avatar":"https://static.tigerbbs.com/d8033cad6345c7bb7d312f5a8020404a","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839680631,"type":1,"supId":0,"prevId":0,"content":"cool","text":"cool","html":"cool"}],"langContent":"EN"},{"id":839617458,"gmtCreate":1629156519474,"gmtModify":1633687043860,"author":{"id":"3582015516749888","authorId":"3582015516749888","name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3582015516749888","idStr":"3582015516749888"},"htmlText":"While US government plug the losses in Afghanistan, investing community celebrate.&nbsp;","listText":"While US government plug the losses in Afghanistan, investing community celebrate.&nbsp;","text":"While US government plug the losses in Afghanistan, investing community celebrate.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839617458","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839617538,"gmtCreate":1629156502324,"gmtModify":1633687043982,"author":{"id":"4089340839548040","authorId":"4089340839548040","name":"7983eeb5","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"4089340839548040","idStr":"4089340839548040"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839617538","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839615773,"gmtCreate":1629156422093,"gmtModify":1633687045612,"author":{"id":"3577937302028167","authorId":"3577937302028167","name":"newwen","avatar":"https://static.tigerbbs.com/4c72fb9a7e595dfd0c2e4e983607d1d0","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3577937302028167","idStr":"3577937302028167"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839615773","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548872,"gmtCreate":1629156428921,"gmtModify":1635149967504,"authorId":3577937302028167,"author":{"id":3577937302028167,"idStr":"3577937302028167","authorId":3577937302028167,"name":"newwen","avatar":"https://static.tigerbbs.com/4c72fb9a7e595dfd0c2e4e983607d1d0","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839615773,"type":1,"supId":0,"prevId":0,"content":"up","text":"up","html":"up"}],"langContent":"EN"},{"id":839612629,"gmtCreate":1629156360461,"gmtModify":1633687046939,"author":{"id":"3586303845668227","authorId":"3586303845668227","name":"StayHome","avatar":"https://static.tigerbbs.com/a2090cc80fca211990d8fc4e216f75b7","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3586303845668227","idStr":"3586303845668227"},"htmlText":"The US govt will be able to save a lot of money from withdrawing it’s troop from Afghanistan …Pls like and comment. Thanks.&nbsp;","listText":"The US govt will be able to save a lot of money from withdrawing it’s troop from Afghanistan …Pls like and comment. Thanks.&nbsp;","text":"The US govt will be able to save a lot of money from withdrawing it’s troop from Afghanistan …Pls like and comment. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/839612629","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548850,"gmtCreate":1629156366720,"gmtModify":1635149969323,"authorId":3577523199494654,"author":{"id":3577523199494654,"idStr":"3577523199494654","authorId":3577523199494654,"name":"88huat","avatar":"https://static.tigerbbs.com/25dd805cbb44e8ac7c9eb01650c81b9f","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839612629,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5562952,"gmtCreate":1629252006492,"gmtModify":1635148912441,"authorId":3578631759891221,"author":{"id":3578631759891221,"idStr":"3578631759891221","authorId":3578631759891221,"name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","vip":1,"currentWearingBadge":{"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","templateUuid":"99a38ff64bfd44f891fd016771fc8f64","name":"超级披露者","description":"在交易分享中开启超级披露","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.23","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1104,"isScarce":1,"effectEnabled":0,"wearingSort":1},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[{"categoryType":1104,"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","name":"超级披露者","description":"在交易分享中开启超级披露","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","isScarce":1,"plateColors":{"bgColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}},"effectEnabled":0,"redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"sortingWeight":0,"wearable":1}]},"repliedAuthorId":0,"objectId":839612629,"type":1,"supId":0,"prevId":0,"content":"$2+tri for 20 yrs, works out to be roughly saving... $8+bil/mth. redeployment to keep it's 7th fleet comfortably","text":"$2+tri for 20 yrs, works out to be roughly saving... $8+bil/mth. redeployment to keep it's 7th fleet comfortably","html":"$2+tri for 20 yrs, works out to be roughly saving... $8+bil/mth. redeployment to keep it's 7th fleet comfortably"},{"id":5563013,"gmtCreate":1629252292289,"gmtModify":1635148906867,"authorId":3578631759891221,"author":{"id":3578631759891221,"idStr":"3578631759891221","authorId":3578631759891221,"name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","vip":1,"currentWearingBadge":{"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","templateUuid":"99a38ff64bfd44f891fd016771fc8f64","name":"超级披露者","description":"在交易分享中开启超级披露","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.23","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1104,"isScarce":1,"effectEnabled":0,"wearingSort":1},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[{"categoryType":1104,"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","name":"超级披露者","description":"在交易分享中开启超级披露","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","isScarce":1,"plateColors":{"bgColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}},"effectEnabled":0,"redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"sortingWeight":0,"wearable":1}]},"repliedAuthorId":0,"objectId":839612629,"type":1,"supId":0,"prevId":0,"content":"Taliban is now smarter. be king and don't make more enemies. just protect one person at cost of whole gov/ country.... worth it? after wanted man is gone now 🤔","text":"Taliban is now smarter. be king and don't make more enemies. just protect one person at cost of whole gov/ country.... worth it? after wanted man is gone now 🤔","html":"Taliban is now smarter. be king and don't make more enemies. just protect one person at cost of whole gov/ country.... worth it? after wanted man is gone now 🤔"}],"langContent":"EN"},{"id":839616488,"gmtCreate":1629156331144,"gmtModify":1633687047509,"author":{"id":"3583641915640836","authorId":"3583641915640836","name":"4872be6","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3583641915640836","idStr":"3583641915640836"},"htmlText":"Sob","listText":"Sob","text":"Sob","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839616488","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839611429,"gmtCreate":1629156274961,"gmtModify":1633687049300,"author":{"id":"3582714812293607","authorId":"3582714812293607","name":"Darylzhuo","avatar":"https://static.tigerbbs.com/fd5e4be85ccfbeb4c1c4b4faed74f6f1","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3582714812293607","idStr":"3582714812293607"},"htmlText":"Please like and comment. Thank you&nbsp;","listText":"Please like and comment. Thank you&nbsp;","text":"Please like and comment. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839611429","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548906,"gmtCreate":1629156606231,"gmtModify":1635149964529,"authorId":3586592942167883,"author":{"id":3586592942167883,"idStr":"3586592942167883","authorId":3586592942167883,"name":"Mclye","avatar":"https://static.tigerbbs.com/c7d6caff4ccbb93636f7b7b974299e6c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839611429,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":839619888,"gmtCreate":1629156177744,"gmtModify":1631892190771,"author":{"id":"4087977377718970","authorId":"4087977377718970","name":"21a985fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"4087977377718970","idStr":"4087977377718970"},"htmlText":"Hiaz[呆住]&nbsp;[呆住]&nbsp;","listText":"Hiaz[呆住]&nbsp;[呆住]&nbsp;","text":"Hiaz[呆住] [呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839619888","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548835,"gmtCreate":1629156308527,"gmtModify":1635149970834,"authorId":3586247634551228,"author":{"id":3586247634551228,"idStr":"3586247634551228","authorId":3586247634551228,"name":"ken26ksh","avatar":"https://static.tigerbbs.com/64235ed64966a3645379f94c283bdef9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839619888,"type":1,"supId":0,"prevId":0,"content":"Sad","text":"Sad","html":"Sad"}],"langContent":"CN"},{"id":839637170,"gmtCreate":1629156120790,"gmtModify":1633687052933,"author":{"id":"3574381604982902","authorId":"3574381604982902","name":"Jkan","avatar":"https://static.tigerbbs.com/9e5803c697580c21a815764131d05679","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3574381604982902","idStr":"3574381604982902"},"htmlText":"Oh man","listText":"Oh man","text":"Oh man","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839637170","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548833,"gmtCreate":1629156291781,"gmtModify":1635149971051,"authorId":3582714812293607,"author":{"id":3582714812293607,"idStr":"3582714812293607","authorId":3582714812293607,"name":"Darylzhuo","avatar":"https://static.tigerbbs.com/fd5e4be85ccfbeb4c1c4b4faed74f6f1","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839637170,"type":1,"supId":0,"prevId":0,"content":"Haah","text":"Haah","html":"Haah"}],"langContent":"EN"},{"id":839639157,"gmtCreate":1629155705679,"gmtModify":1633687060107,"author":{"id":"3586131488444401","authorId":"3586131488444401","name":"STKG","avatar":"https://static.tigerbbs.com/730c2482b43ac1909a601868b378a6e4","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3586131488444401","idStr":"3586131488444401"},"htmlText":"Yet to know the impact","listText":"Yet to know the impact","text":"Yet to know the impact","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839639157","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548708,"gmtCreate":1629155801022,"gmtModify":1635149981630,"authorId":3582677817626222,"author":{"id":3582677817626222,"idStr":"3582677817626222","authorId":3582677817626222,"name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839639157,"type":1,"supId":0,"prevId":0,"content":"[Cool]","text":"[Cool]","html":"[Cool]"}],"langContent":"EN"},{"id":839694241,"gmtCreate":1629155528883,"gmtModify":1633687062749,"author":{"id":"3581912688744878","authorId":"3581912688744878","name":"watertreader","avatar":"https://static.tigerbbs.com/8e692635d2c361bfa5e3bdbf8e840972","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3581912688744878","idStr":"3581912688744878"},"htmlText":"Fearsome","listText":"Fearsome","text":"Fearsome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839694241","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548701,"gmtCreate":1629155757989,"gmtModify":1635149982276,"authorId":3569657483407888,"author":{"id":3569657483407888,"idStr":"3569657483407888","authorId":3569657483407888,"name":"SallyNeo","avatar":"https://static.tigerbbs.com/36144116caeba1af1d2ccbebeffac342","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839694241,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":839694126,"gmtCreate":1629155518065,"gmtModify":1631891392242,"author":{"id":"3586583520999276","authorId":"3586583520999276","name":"cktana","avatar":"https://static.tigerbbs.com/3bd17fceac506ec58bcafd20f67bce9f","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3586583520999276","idStr":"3586583520999276"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839694126","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548650,"gmtCreate":1629155526958,"gmtModify":1635149987092,"authorId":3586583520999276,"author":{"id":3586583520999276,"idStr":"3586583520999276","authorId":3586583520999276,"name":"cktana","avatar":"https://static.tigerbbs.com/3bd17fceac506ec58bcafd20f67bce9f","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839694126,"type":1,"supId":0,"prevId":0,"content":"hi","text":"hi","html":"hi"}],"langContent":"EN"},{"id":839696554,"gmtCreate":1629155382778,"gmtModify":1631891849549,"author":{"id":"3586863844711073","authorId":"3586863844711073","name":"JimmyLZH","avatar":"https://static.tigerbbs.com/7ecc6de8a47b65c54bcbdca5fe23b697","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3586863844711073","idStr":"3586863844711073"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839696554","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548791,"gmtCreate":1629156129218,"gmtModify":1631891849552,"authorId":3574381604982902,"author":{"id":3574381604982902,"idStr":"3574381604982902","authorId":3574381604982902,"name":"Jkan","avatar":"https://static.tigerbbs.com/9e5803c697580c21a815764131d05679","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839696554,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":839696298,"gmtCreate":1629155382314,"gmtModify":1633687065491,"author":{"id":"4087771426813780","authorId":"4087771426813780","name":"suresh11","avatar":"https://static.tigerbbs.com/09f470814c371d9741e70726607b9fa2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"4087771426813780","idStr":"4087771426813780"},"htmlText":"Latest..pls like n comment&nbsp;","listText":"Latest..pls like n comment&nbsp;","text":"Latest..pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839696298","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548654,"gmtCreate":1629155540423,"gmtModify":1635149986874,"authorId":3585862393512500,"author":{"id":3585862393512500,"idStr":"3585862393512500","authorId":3585862393512500,"name":"KlWong","avatar":"https://static.tigerbbs.com/b20610400ddcc33719ca6767c3e3fbde","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839696298,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5548766,"gmtCreate":1629156012554,"gmtModify":1635149976221,"authorId":3575179090385767,"author":{"id":3575179090385767,"idStr":"3575179090385767","authorId":3575179090385767,"name":"麦克斯T","avatar":"https://static.tigerbbs.com/580cdbb423589f081ca8fe3ab4f938f8","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839696298,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":839693201,"gmtCreate":1629155174303,"gmtModify":1633687068247,"author":{"id":"3585973860502184","authorId":"3585973860502184","name":"MN27","avatar":"https://static.tigerbbs.com/0a11b544b50a084b6af0533c0b412c51","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3585973860502184","idStr":"3585973860502184"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839693201","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548577,"gmtCreate":1629155218851,"gmtModify":1635149993420,"authorId":3565147372726492,"author":{"id":3565147372726492,"idStr":"3565147372726492","authorId":3565147372726492,"name":"Limth","avatar":"https://static.tigerbbs.com/a3e8250fe16c4e0e90561c3755568eae","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839693201,"type":1,"supId":0,"prevId":0,"content":"bad news","text":"bad news","html":"bad news"}],"langContent":"EN"},{"id":839690395,"gmtCreate":1629154998017,"gmtModify":1633687070141,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"小白添祥","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"htmlText":"like &amp; comment please, thank you very much&nbsp;","listText":"like &amp; comment please, thank you very much&nbsp;","text":"like & comment please, thank you very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839690395","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548570,"gmtCreate":1629155153152,"gmtModify":1635149994167,"authorId":4088653207274950,"author":{"id":4088653207274950,"idStr":"4088653207274950","authorId":4088653207274950,"name":"6f1f76d0","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839690395,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"}],"langContent":"EN"},{"id":839606089,"gmtCreate":1629154637341,"gmtModify":1631888514585,"author":{"id":"4091758936365950","authorId":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"4091758936365950","idStr":"4091758936365950"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839606089","repostId":2159246902,"repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohunote.com/m/news/2159246902?lang=zh_CN&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market<blockquote>阿富汗政府垮台对美国股市意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-08-16 11:01\n\n</h4>\n</header>\n<article>\nAfter 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.<blockquote>在阴影中呆了20年后，塔利班在阿富汗重新掌权，引发了对中东稳定的质疑，并在充满政治事态发展的周末引发了美国金融市场的一些潜在动荡。</blockquote> However, the impact to the stock market, with the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.<blockquote>然而，对股市的影响尚不清楚，道琼斯工业平均指数、标普500指数和纳斯达克综合指数的交易价格处于或接近历史高位。</blockquote> \"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.<blockquote>德美利证券首席市场策略师 J.J. Kinahan 周日在电子邮件评论中对 MarketWatch 表示：“对于那些仍在那里的美国人来说，这是一个可怕的情况。”</blockquote> \"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.<blockquote>“就市场而言，我们必须拭目以待，看看长期影响，”他说。</blockquote> Futures, however, were tilting lower, with those for the S&amp;P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.<blockquote>然而，期货走低，标普500、道琼斯和纳斯达克 100 指数均小幅下跌，但这并不表明市场在 COVID-19 期间的牛市处于危险之中。</blockquote> The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.<blockquote>周日晚些时候，纽约基准10年期国债收益率为1.27%，吸引了一些避险买盘，政府债务价格上涨，收益率朝相反方向移动。</blockquote> Taliban fighters took over Kabul , fearing retaliation in the new regime.<blockquote>塔利班战士接管了喀布尔，担心新政权的报复。</blockquote> President Joe Biden has rushed 5,000 troops to Kabul .<blockquote>乔·拜登总统已向喀布尔增派5000名士兵。</blockquote> The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .<blockquote>美国在阿富汗的存在跨越了乔治·W·布什、巴拉克·奥巴马、唐纳德·特朗普和拜登总统的任期，始于2001年9月11日世贸中心和五角大楼遭到袭击后，现在被认为是美国持续时间最长的军事冲突，超过了第一次世界大战、第二次世界大战和朝鲜战争的总和。</blockquote> Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.<blockquote>拜登决定从阿富汗撤军之前，特朗普在撤出美军方面做出了让步，认为这将破坏脆弱的阿富汗领导层的稳定，使其容易受到叛乱组织的攻击。</blockquote> For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.<blockquote>根据布朗大学沃森国际公共事务研究所的研究，在很大程度上，股市投资者在这场耗资约 2.261 万亿美元的长期冲突中大多持乐观态度，该研究所还估计有 241,000 人死亡是战争的直接结果。</blockquote> The Dow is up by nearly 270%, the S&amp;P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.<blockquote>自2001年秋季以来，道琼斯指数上涨了近270%，标普500指数上涨了300%以上，纳斯达克综合指数上涨了700%以上。</blockquote> <img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"><blockquote></blockquote> It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.<blockquote>值得注意的是，当时基准 10 年期国债的收益率在 4% 到 5% 之间。</blockquote> Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.<blockquote>从历史上看，军事冲突并不总是对股票产生影响，而且战争对投资者心理的影响（如果有的话）也并不总是明确的。背景、经济和市场环境通常是更大的驱动因素。</blockquote> The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.<blockquote>当911袭击发生时，美国已经处于衰退的阵痛之中，袭击后市场最初大幅下跌。</blockquote> Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.<blockquote>市场目前正试图从 COVID-19 和德尔塔变异毒株蔓延造成的打击中恢复过来，投资者最关心的是对美联储和其他央行政策计划的质疑。</blockquote> Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.<blockquote>尽管如此，军事侵略可能会导致一些投资者转向押注国防承包商，如果敌意爆发，这种情况可能会得到提振。</blockquote> Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.<blockquote>诺斯罗普·格鲁曼公司股票<a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a>上涨近 880% 并锁定 Martin Corp. 股票<a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a>自2001年以来增长了834%，而波音公司。<a href=\"https://laohu8.com/S/BA\">$(巴) $</a>上涨 439%，通用动力公司。<a href=\"https://laohu8.com/S/GD\">$(GD)$</a>上涨超过 422%，全部表现优于同期大盘。</blockquote> So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.<blockquote>今年到目前为止，洛克希德公司的股价表现逊于大盘，上涨了 0.9%，波音公司的股价也是如此，今年迄今已上涨了 9.5%。</blockquote> One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace &amp; Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&amp;P Aerospace &amp; Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.<blockquote>广义上玩国防承包商的一种流行方式是<a href=\"https://laohu8.com/S/EEME\">iShares</a>美国航空航天与国防<a href=\"https://laohu8.com/S/ITA\">$(意大利)$</a>交易所交易基金成立于2006年，2021年迄今已上涨13.7%。SPDR S&amp;P 航空航天与国防 ETF<a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>该公司于 2011 年启动，今年迄今已上涨 7%。</blockquote> Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.<blockquote>总体而言，随着对盈利峰值和经济增长的担忧日益加剧，策略师们已经警告可能会出现调整，许多分析师认为阿富汗局势的升级只是增加了担忧之墙。</blockquote> TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"<blockquote>TDAmeritrade 的 Kinahan 表示，我们“应该会看到波动性有所上升，也许还会出现一些固定收益购买，因为这会给市场带来不确定性。”</blockquote> But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.<blockquote>但如果市场对军事紧张局势可能性的反应违反直觉，请不要感到惊讶，正如 Ritholtz Wealth Management LLC 的投资组合经理本·卡尔森 (Ben Carlson) 过去所写的那样，关于市场有时对战争的奇怪反应，总结如下。</blockquote> \"Markets don't always respond to geopolitical events the way you think.\"<blockquote>“市场并不总是像你想象的那样对地缘政治事件做出反应。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","OEX":"标普100","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1,"symbols_score_info":{"UPRO":0.9,"OEX":0.9,"SSO":0.9,".IXIC":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5849224,"gmtCreate":1631504763415,"gmtModify":1631888514598,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"currentWearingBadge":{"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","templateUuid":"99a38ff64bfd44f891fd016771fc8f64","name":"超级披露者","description":"在交易分享中开启超级披露","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.23","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1104,"isScarce":1,"effectEnabled":0,"wearingSort":1},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[{"categoryType":1104,"badgeId":"99a38ff64bfd44f891fd016771fc8f64-1","name":"超级披露者","description":"在交易分享中开启超级披露","smallImgUrl":"https://static.tigerbbs.com/70e97d213ed3e4f4820224f1366d402f","bigImgUrl":"https://static.tigerbbs.com/802f4014829adb4e63332fc230b97e42","isScarce":1,"plateColors":{"bgColor":{"dark":"#2f2a1f","tint":"#fcf6e5"},"fontColor":{"dark":"#dea95e","tint":"#885600"}},"effectEnabled":0,"redirectLinkEnabled":1,"redirectLinkType":1,"redirectLink":"https://www.itigerup.com/activity/forapp/star-investor","redirectLinkValidityFrom":1776816000000,"redirectLinkValidityTo":2156198400000,"sortingWeight":0,"wearable":1}]},"repliedAuthorId":0,"objectId":839606089,"type":1,"supId":0,"prevId":0,"content":"👍😊","text":"👍😊","html":"👍😊"},{"id":5548542,"gmtCreate":1629155010414,"gmtModify":1631888514587,"authorId":3571345352614779,"author":{"id":3571345352614779,"idStr":"3571345352614779","authorId":3571345352614779,"name":"小白添祥","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":839606089,"type":1,"supId":0,"prevId":0,"content":"like &amp; comment please, thank you very much ","text":"like &amp; comment please, thank you very much ","html":"like &amp; comment please, thank you very much "}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":676,"commentSize":68,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}