美联储的爱，不是无条件的！

国际金融报 2021-09-10

在不到三个季度的时间跨度内，美股S&P 500指数从2020年3月最低点2191.86涨到4545.85点（截至2021年9月3日收盘），涨幅超过100%。在估值方面，S&P 500的Shiller市盈率最近达到39倍，超过2008年金融危机之前水平，接近2000年互联网泡沫顶部估值。市净率达到4.8，也接近2000年水平。市销率达到3.3，是有数据以来的最高，超过2008年危机前最高点的两倍。...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（21）

诺神
·2021-09-13
自二戰以來人類經歷了有史以來最長的經濟大繁榮，資本市場催生了巨大泡沫，感覺現在可能正處於這輪經濟大繁榮的末期，但泡沫不一定馬上破，或許還有幾年好光景
Reply
Like
Report
mjng
·2021-09-11
閱
Reply
Like
Report
剑啸江湖
·2021-09-11
日本拖不起來主要是人口問題靠印鈔機解決不了。
Reply
Like
Report
AB_Iphone
·2021-09-10
Who knows
Reply
2
Report
Fold Replies
- jianguang:
  Meow
  2021-09-11
  Reply
  Report
- Miaw:
  [呆住]
  2021-09-10
  Reply
  Report
- Alicia Ling:
  ☺️
  2021-09-13
  Reply
  Report
View more 1 comments
龙腾虎跃168
·2021-09-10
最後結論還是一直得漲！??
Reply
2
Report
Ramse
·2021-09-10
假設啊，美聯儲學習日本央行，和各路基金機構掃空市面上的流通股，直接讓上市公司變成美國國企，同時因爲沒有了流通股，股價還不是隨便操作，這是不是可以解救股市泡沫，當然了，這也會導致市面上出現天量現金
Reply
1
Report
Fold Replies
- lixtary:
  不能操作？那我每天看到日经跟着它爸爸美股走是咋回事呢
  2021-09-11
  Reply
  Report
- 宝宝金水_:
  你有没有想过这样的后果是什么？股市之外的后果。
  2021-09-11
  Reply
  Report
- 小时候可帅了00:
  我觉得你这个想法很好，可以给美联储写写信。
  2021-09-11
  Reply
  Report
View more 2 comments
猛逃
·2021-09-10
快去炒你的A貴州茅臺去吧，別在這賣柺了[吃瓜]
Reply
7
Report
鸟钱不赚也罢
·2021-09-10
上書房行走太監
Reply
7
Report
初一十五躲不了
·2021-09-10
不管你怎麼黑，美股依舊是全球最好的市場。
Reply
6
Report
虎子欧文
·2021-09-10
世道變了，不能用過去的方法估算
Reply
1
Report
Jsooi2000
·2021-09-10
還國際金融報，外國人不吃這一套。
Reply
5
Report
猛逃
·2021-09-10
什麼亂七八糟的[摳鼻]
Reply
4
Report
sammoun
·2021-09-10
分析這很好
Reply
Like
Report
张小野
·2021-09-10
這麼高了還呵護，大A學着點不好麼？咱們的龍頭各個都有價值，但看看今年跌了多少
Reply
2
Report
土_星_环
·2021-09-10
寧可相信黑心商人也不相信紅心政客
Reply
10
Report
龙疼虎乐
·2021-09-10
你認爲A股有投資價值[捂臉] [捂臉] [捂臉]
Reply
6
Report
小佳_
·2021-09-10
沃糙你嘛
Reply
7
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1181368305?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/4f6ec6e99c0c8b9feb7f296b78c65a54","is_english":false,"pubTime":"2021-09-10 17:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1181368305","market":"us","top_or_hot":-1,"title":"美联储的爱，不是无条件的！","media":"国际金融报 ","content":"<div>\n<p>在不到三个季度的时间跨度内，美股S&P 500指数从2020年3月最低点2191.86涨到4545.85点（截至2021年9月3日收盘），涨幅超过100%。\n在估值方面，S&P 500的Shiller市盈率最近达到39倍，超过2008年金融危机之前水平，接近2000年互联网泡沫顶部估值。市净率达到4.8，也接近2000年水平。市销率达到3.3，是有数据以来的最高，超过2008年危机前最高点的两倍。...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/Ct3FsiT4drZoEK5fZjV6vQ\">Source Link</a>\n\n</div>\n","source":"gjjrb","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>美联储的爱，不是无条件的！</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; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; 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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n美联储的爱，不是无条件的！\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 17:51 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/Ct3FsiT4drZoEK5fZjV6vQ><strong>国际金融报 </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>在不到三个季度的时间跨度内，美股S&P 500指数从2020年3月最低点2191.86涨到4545.85点（截至2021年9月3日收盘），涨幅超过100%。\n在估值方面，S&P 500的Shiller市盈率最近达到39倍，超过2008年金融危机之前水平，接近2000年互联网泡沫顶部估值。市净率达到4.8，也接近2000年水平。市销率达到3.3，是有数据以来的最高，超过2008年危机前最高点的两倍。...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/Ct3FsiT4drZoEK5fZjV6vQ\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://mp.weixin.qq.com/s/Ct3FsiT4drZoEK5fZjV6vQ","article_id":"1181368305","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/4f6ec6e99c0c8b9feb7f296b78c65a54"],"rights":{"source":"gjjrb","url":"https://mp.weixin.qq.com/s/Ct3FsiT4drZoEK5fZjV6vQ","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1181368305","pubTimestamp":1631267491,"sourceInfo":{"source_id":"gjjrb","name":"国际金融报"},"weMediaInfo":null,"summary":"在不到三个季度的时间跨度内，美股S&P 500指数从2020年3月最低点2191.86涨到4545.85点（截至2021年9月3日收盘），涨幅超过100%。\n在估值方面，S&P 500的Shiller","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{".DJI":"道琼斯"},"translate_title":"The love of the Federal Reserve is not unconditional!","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/c3ae1ed97d39f4a26173b71808e00d7a","symbols_score_info":{".DJI":0.9},"content_text":"在不到三个季度的时间跨度内，美股S&P 500指数从2020年3月最低点2191.86涨到4545.85点（截至2021年9月3日收盘），涨幅超过100%。\n在估值方面，S&P 500的Shiller市盈率最近达到39倍，超过2008年金融危机之前水平，接近2000年互联网泡沫顶部估值。市净率达到4.8，也接近2000年水平。市销率达到3.3，是有数据以来的最高，超过2008年危机前最高点的两倍。\nS&P 500指数上涨过程中的K线形态基本跟2008年金融危机之后大部分的上涨区间一致：几乎直线倾斜向上，稍有偏离，很快被修复。只有一个区别，这轮上涨斜率更高（如图一：S&P 500指数月K线）。\n这么高的估值和这么特殊的指数走势，背后自有特殊的内在动因。首先，也是最重要、最根本的，是美联储的呵护。\n美联储对股市的呵护\n从格林斯潘时代开始，美联储对股市的呵护开始变得明显。所谓的“格林斯潘看跌期权”（Greenspan put）就是指当股市下跌时，格林斯潘会免费送给投资者一个看跌期权（也就是保护股市进一步下跌的保险），于是股市又会恢复信心。\n2008金融危机后，美联储对股市的呵护达到新的高度。当时的美联储主席伯南克曾在2010年试图缩小货币刺激规模，但之后的股市暴跌很快说服他掉头，最后不仅没有缩小，反而是陆续推出两轮量化宽松（QE2和QE3），于是股市放心继续斜线向上。\n现任美联储主席鲍威尔经历了类似的过程。上台之初，鲍威尔尝试了加息和量化紧缩。但是股市已经习惯了美联储的溺爱，发现新任主席爱心不足，立刻在2018年第四季度暴跌。暴跌之后，鲍威尔紧急转弯，恢复了对市场的呵护。而市场看到美联储爱心依旧，于是放心地继续斜线上涨，直至2020年初新冠全球疫情暴发。\n新冠疫情暴发后，美股一度出现熔断下跌。在极度悲观的市场氛围中，美联储使出浑身解数，不仅迅速将政策利率调到零，而且展开史上最大规模的资产购买，从而给金融系统注入天量流动性。从2020年3月初到2021年8月底，美联储所持有的资产从4.2万亿美元增加到8.3万亿美元，几乎翻倍。新购买的资产不仅有国债、MBS等传统证券，还史无前例地包括了垃圾债ETF。\n美联储刷新底线的救市再次奏效，市场信心恢复，抄底资金涌入，S&P 500重新斜线向上。而且斜线的斜率超过以往，让指数半年不到便再创新高。\n当然，这届美联储可能已经别无选择，必须对股市百般呵护，因为股市泡沫已经“大而不能破”。著名的巴菲特指标（股市总市值/GDP）已经超过200%，这一方面说明股市估值高企，另一方面也说明股市波动会导致居民财富大幅波动，从而影响实体经济。\n仅S&P 500成分股的总市值，最近已经超过37万亿美元，还有超过10万亿资产跟S&P 500指数挂钩。如果该指数下跌10%，蒸发的财富可能会超过4万亿美元。\n而且美股已经不只是富人的游戏，股市市值也不只是富人账面上的数字。普通中产阶级的退休金在股市里，公共退休基金（即警察、消防员、公立学校教师等公务员退休金的资金池）在股市或在跟股市有关的信用产品里，还有无数散户的积蓄在股市里。因为参与面广泛，股市涨跌会立刻影响美国人的购买力。如果股市跌得厉害，还可能导致社会混乱（想象如果公共退休金亏空违约）。\n对美联储来说，可能已经没有救股市还是救经济这样的选择。呵护股市，就是呵护经济。\n当然，美联储的呵护还不足以让S&P 500走出斜线向上的趋势。虽说底线一直在被刷新，美联储毕竟没像日本央行那样，直接进场买股票画K线。美联储和股市之间还有一臂的距离，它给市场搭了台，唱戏要靠各路机构和散户。K线走成什么样，决定于市场均衡中最活跃的资金做什么样的交易。让S&P 500斜线向上走的，在笔者看来，是美股市场越来越庞大的套息交易。\n股市里的套息交易\n套息交易（Carry trade）的概念最初来自汇率交易。汇率套息交易的一个典型例子是做空（借入）日元、做多巴西雷亚尔。因为日元利率低，雷亚尔利率高，所以如果雷亚尔相对日元保持稳定或升值，套息交易者能获得稳定的息差收入。当然，如果雷亚尔大幅贬值，该交易将血本无归。\n这个概念可以拓展应用到几乎所有金融领域。比如银行存贷款业务是一种套息交易：如果贷款顺利付息还本，那么银行赚到息差，否则将大亏。再比如，保险公司的主营业务也是一种套息交易：如果受保人无事，那么保险公司赚到保险费，如果出事（例如重疾、财产损失等），则要大额赔付。做多信用债无疑也是一种套息交易：如果发行者顺利还本付息，那么获得利息收入，而如果发生信用事件，则可能大幅亏损。\n从这些例子可以看出，套息交易有个共同特征：跟某个巨大的风险（高息货币贬值、银行贷款坏账、受保人发生危险、信用债违约等）共存，在暂时的稳定和无事中获利。套息交易者知道可能有坏事发生，但是他希望岁月静好，至少在他交易结束之前保持静好。换句话说，套息交易者是波动率的空头。\n这样的交易在美股同样存在，而且具体表现形式众多。最明显的一种股市套息是做空VIX期货：如果即期VIX（S&P 500隐含波动率）保持稳定，那么空头就能获得“滚动收益”（roll yield），因为远端的VIX期货一般高于近端；如果同时即期VIX下行，做空收益就更高。但如果股市大跌，VIX大幅上升，那么空头就要血本无归。\n同样的，也可以卖个股或指数的看跌期权：如果股价或指数保持稳定或上涨，那么就能赚到看跌期权的卖价。卖看跌期权是美国散户和机构特别热衷的游戏，如果市场稳定或上涨，可以增强持股收益。当然，如果股票或指数大跌，那么看跌期权的卖方将大亏。\n股市套息远远不止这两种形式。如果一个交易策略成功的前提是市场不发生大跌，那么它就是一个隐形的套息策略。比如逢低抄底（buy the dips）策略在稳定的市场中可以很赚钱，但是一旦市场发生大跌，那就会变成高山上的接盘侠。\n越来越多的机构以及散户参与到股市套息中来。Vineer Bhansali和Larry Harris于2018年发表了一篇论文介绍各种做空波动率策略及其影响，其标题就是“大家都在干这个”（Everyone’s Doing It）。对很多资金管理者来说，参与套息甚至是职场生存所必须。套息能带来稳定的回报，如果不参与，业绩不如人，则会被行业淘汰。\n因为“大家都在干这个”，股市套息对股价的影响渐渐超过甚至淹没了基本面交易的影响。一方面，因为波动率空头压过多头（如股票空头），股市波动率受到抑制。另一方面，套息策略都是助涨的，因此股市倾向上涨。两者结合起来，就形成了S&P 500斜线稳步向上的K线图。\n为什么套息是助涨的？因为套息交易一般都直接或间接提供流动性，比如逢低抄底策略就是在股价下跌时注入流动性。而流动性越好，在其他不变情况下，股价也就越高。事实上，套息是宽松货币政策影响股市流动性的重要渠道。货币宽松导致长期利率下降，诱导机构寻找收益（searching for yield），而股市的套息交易有不可抗拒的吸引力。\n当然，上涨过程并非一帆风顺。自2018年以来，S&P 500就经历了三次恐慌，包括2020年3月的风暴在内。每次恐慌都伴随VIX飙升，股价急跌。但当美联储出手稳定军心，市场又重振旗鼓，再次斜线向上。\n这样的K线形态，说明S&P 500本身也成为一个巨大的套息工具。希望在暂时的稳定和无事中获利的套息者，完全不用更高级的工具，只需要做S&P 500指数的多头（比如买指数ETF）。在岁月静好期间，多头有比较稳定的收益入账，但一旦发生恐慌，可能“一觉回到解放前”，要等美联储救灾和市场缓慢回血。\nS&P 500指数持续上涨，享受史上最高水平的估值，并不是因为当前的美国经济形势最好或具有史上最强增长潜力。只是因为广泛参与、交易活跃的套息盘主导了市场估值，持续推动股价上涨。只是因为成长中的套息盘有自己的动能：股市波动受到抑制，套息盘被验证能赚钱，吸引更多套息资金入场，同时淘汰那些不参与的资金管理人。只是因为套息交易有一个法力无边的幕后支持者：美联储。\n但问题是，美联储真会永远支持股市如此上涨吗？\n美联储的爱，不是无条件的\n美联储继续实施零利率和量化宽松政策有个前提，通胀偏低和就业偏弱。8月份美国失业率已经回落到5.2%，已经在疫情前六十年均值以下。可以说，就业情况已经不弱，而且还在改善中。而8月份的通胀率已经升至4.2%，远高于美联储的目标通胀率2%。\n美联储主席鲍威尔多次强调当前的通胀是短暂（transitory）的，很快会随着疫情影响衰减而回落，从而安抚市场对加息的担心。但通胀趋势充满不确定性，而鲍威尔毕竟不是从未来穿越回来的角色，不能看到未来。更重要的是，目前的货币政策更无助于控制通胀。要让通胀回落，美联储应该加息，从而让实际利率由负转正。\n而且货币政策所关注的CPI或核心CPI通胀，并不完全反映家庭生活成本的上升。Case-Shiller 20城市房价指数已经比疫情前上涨20%，而且因为房屋库存水平较低（尤其是总价低的入门级房屋），同时按揭贷款利率在历史低位（也是宽松货币政策使然），房价很可能还会继续上涨。买不起房子的新婚夫妇只好加入租房队伍，推高房租水平，因此房价上涨最终能推动房租上涨以及通胀。\n美联储身处两难之中。一方面股市脆弱，离不开宽松货币政策。另一方面宽松货币和通胀目标不一致，而维持价格稳定是美联储法定的责任。如果通胀维持在4%以上，甚至不断升高，如果房价在供给吃紧、建筑成本和人工成本上升等因素推动下继续上涨，那么美联储将面临巨大的政治压力。\n两难之中的美联储很可能不敢下猛药治理通胀，但也不敢继续极度宽松的政策。从鲍威尔最近的表示看，美联储应该会在年底或明年初缩减资产购买（也就是所谓的taper），同时等待时机停止资产购买，最后再考虑加息。对于庞大的股市套息盘，这不是好消息。\n套息崩盘\n有套息就有崩盘。如果没有崩盘，其实也就没有套息交易。正是崩盘的风险，给予了套息交易可观的回报。\nS&P 500多头套息策略的回报率大致等同于指数上涨的斜率，斜率越陡，S&P 500套息收益越高。因为在均衡状态，风险和收益必须匹配，所以股市崩盘风险越大，S&P 500指数上涨斜率应该越高，这样才能补偿套息交易者承担的风险。因此疫情后S&P 500指数上涨斜率超过以往，恰恰说明套息崩盘风险超过了从前。\n从2018年以来，大致发生了三次股市套息崩盘：2018年一季度，2018年四季度，以及2020年一季度（见图一的三个圈圈）。崩盘的幅度一次比一次大，所需要的美联储救援力度也一次比一次大。2020年3月的崩盘已经非常壮观了，我们可以想象下次崩盘可能会更加壮观。下次崩盘可能是因为美联储意外紧缩，或者是其他冲击。一旦发生，就会像2020年3月那样发生各种恶性循环，最后需要美联储更大规模的救市。\n在套息盘成长的过程中，所有套息者都是流动性的提供者。但当套息崩盘时，他们都会立刻变成流动性的需求者。卖股票或指数的看跌期权的需要平仓，“逢低抄底”的杠杆基金需要卖股票逃命等等。股市暴跌的同时波动率会飙升，而波动率飙升又会带来新的抛压，比如风险平价基金（Risk-parity funds）需要降低股票仓位，但这也需要有人提供流动性。\n空头通常是市场下跌时流动性的供应者，但是不断上涨的大牛市早就把空头赶出市场。当崩盘发生时，人人都需要流动性，但没有人供应，所谓的“流动性蒸发”状况就形成了。正是流动性蒸发，导致美股在2020年3月发生数次熔断。\n恶性循环并不局限在股市里。股市崩盘会打击实体经济的投资信心，也会通过逆向财富效应打击个人消费（美国GDP的大头），并进而打击上市公司的利润。也就是说，美股上市公司的基本面也跟股市套息盘生死与共。当套息崩盘，股票基本面会和高企的估值一起，跟随股价一起崩溃。这样的市场，是没有长期投资价值的。对中国投资者来说，目前S&P 500最大的价值在于对冲：S&P 500的看跌期权是全球股市下跌、全球经济衰退的一份保险。\n在短期，S&P 500多头也是如履薄冰。在劳动力供应吃紧、通胀和房价上涨的宏观环境里，美联储能给这一轮股市套息牛市续命的时间已经不多了。\n崩盘以后，股市套息交易会不会再来一轮？我认为这个可能性不小。崩盘发生后，因为总需求迅速萎缩，通胀问题会迅速消失，失业问题会重返，这要求美联储重新回到救市和刺激模式。而且因为崩盘导致的资产负债表损伤，下一轮救市和刺激的力度很可能要比上一轮更大。力度还能更大吗？当然可以，美联储可以学日本央行直接进场买股票。\n只要美联储实行零利率和充足储备的货币政策，套息交易很可能还会复活。当然，未来的套息交易能不能推动股市进入新一轮牛市并再创新高，现在难以判断。反例是日本股市，虽有央行加持，但至今没有突破80年代末泡沫的高点。","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":888585767,"gmtCreate":1631508109959,"gmtModify":1676530561319,"author":{"id":"3475640740138455","authorId":"3475640740138455","authorIdStr":"3475640740138455","name":"诺神","avatar":"https://static.tigerbbs.com/09b3653ef412749bd7e8e26a548b0e19","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3475640740138455"},"htmlText":"自二戰以來人類經歷了有史以來最長的經濟大繁榮，資本市場催生了巨大泡沫，感覺現在可能正處於這輪經濟大繁榮的末期，但泡沫不一定馬上破，或許還有幾年好光景","listText":"自二戰以來人類經歷了有史以來最長的經濟大繁榮，資本市場催生了巨大泡沫，感覺現在可能正處於這輪經濟大繁榮的末期，但泡沫不一定馬上破，或許還有幾年好光景","text":"自二戰以來人類經歷了有史以來最長的經濟大繁榮，資本市場催生了巨大泡沫，感覺現在可能正處於這輪經濟大繁榮的末期，但泡沫不一定馬上破，或許還有幾年好光景","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888585767","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881636964,"gmtCreate":1631329440358,"gmtModify":1676530530132,"author":{"id":"3564614537181603","authorId":"3564614537181603","authorIdStr":"3564614537181603","name":"mjng","avatar":"https://static.tigerbbs.com/a854954445bb4118ad10dc538396e457","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3564614537181603"},"htmlText":"閱","listText":"閱","text":"閱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881636964","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881372441,"gmtCreate":1631312243983,"gmtModify":1676530524392,"author":{"id":"3572224199226967","authorId":"3572224199226967","authorIdStr":"3572224199226967","name":"剑啸江湖","avatar":"https://static.tigerbbs.com/65305fd36c0063c6f4a8872daeea2742","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572224199226967"},"htmlText":"日本拖不起來主要是人口問題靠印鈔機解決不了。","listText":"日本拖不起來主要是人口問題靠印鈔機解決不了。","text":"日本拖不起來主要是人口問題靠印鈔機解決不了。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881372441","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881301741,"gmtCreate":1631288544883,"gmtModify":1676530522085,"author":{"id":"3574395209516109","authorId":"3574395209516109","authorIdStr":"3574395209516109","name":"AB_Iphone","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574395209516109"},"htmlText":"Who knows&nbsp;","listText":"Who knows&nbsp;","text":"Who knows","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/881301741","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5823860,"gmtCreate":1631311903283,"gmtModify":1663233693127,"authorId":3561947625505294,"author":{"id":3561947625505294,"authorId":3561947625505294,"name":"jianguang","avatar":"https://static.tigerbbs.com/ba8bad94c928a5789228b91d99514252","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881301741,"type":1,"supId":0,"prevId":0,"content":"<u>Meow</u>","text":"<u>Meow</u>","html":"<u>Meow</u>"},{"id":5822495,"gmtCreate":1631288768220,"gmtModify":1663233685142,"authorId":3569028586400878,"author":{"id":3569028586400878,"authorId":3569028586400878,"name":"Miaw","avatar":"https://static.tigerbbs.com/bd318611f16b0eb6de098c8b733c85fd","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881301741,"type":1,"supId":0,"prevId":0,"content":"[呆住]","text":"[呆住]","html":"[呆住]"},{"id":5851168,"gmtCreate":1631518822197,"gmtModify":1631886821222,"authorId":3558680293731120,"author":{"id":3558680293731120,"authorId":3558680293731120,"name":"Alicia Ling","avatar":"https://static.tigerbbs.com/ca35384a8589b2187095e5d2d4706a00","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881301741,"type":1,"supId":5834912,"prevId":0,"content":"☺️","text":"☺️","html":"☺️"},{"id":5834912,"gmtCreate":1631394887353,"gmtModify":1631886821210,"authorId":3558680293731120,"author":{"id":3558680293731120,"authorId":3558680293731120,"name":"Alicia Ling","avatar":"https://static.tigerbbs.com/ca35384a8589b2187095e5d2d4706a00","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881301741,"type":1,"supId":0,"prevId":0,"content":"Love","text":"Love","html":"Love"}],"langContent":"EN"},{"id":881932337,"gmtCreate":1631284441429,"gmtModify":1676530520248,"author":{"id":"4088296979073510","authorId":"4088296979073510","authorIdStr":"4088296979073510","name":"龙腾虎跃168","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4088296979073510"},"htmlText":"最後結論還是一直得漲！??","listText":"最後結論還是一直得漲！??","text":"最後結論還是一直得漲！??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881932337","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881936717,"gmtCreate":1631284430839,"gmtModify":1676530520151,"author":{"id":"3557883806841591","authorId":"3557883806841591","authorIdStr":"3557883806841591","name":"Ramse","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3557883806841591"},"htmlText":"假設啊，美聯儲學習日本央行，和各路基金機構掃空市面上的流通股，直接讓上市公司變成美國國企，同時因爲沒有了流通股，股價還不是隨便操作，這是不是可以解救股市泡沫，當然了，這也會導致市面上出現天量現金","listText":"假設啊，美聯儲學習日本央行，和各路基金機構掃空市面上的流通股，直接讓上市公司變成美國國企，同時因爲沒有了流通股，股價還不是隨便操作，這是不是可以解救股市泡沫，當然了，這也會導致市面上出現天量現金","text":"假設啊，美聯儲學習日本央行，和各路基金機構掃空市面上的流通股，直接讓上市公司變成美國國企，同時因爲沒有了流通股，股價還不是隨便操作，這是不是可以解救股市泡沫，當然了，這也會導致市面上出現天量現金","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/881936717","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5833819,"gmtCreate":1631374902062,"gmtModify":1663233736242,"authorId":3499316929926537,"author":{"id":3499316929926537,"authorId":3499316929926537,"name":"lixtary","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881936717,"type":1,"supId":0,"prevId":0,"content":"不能操作？那我每天看到日经跟着它爸爸美股走是咋回事呢","text":"不能操作？那我每天看到日经跟着它爸爸美股走是咋回事呢","html":"不能操作？那我每天看到日经跟着它爸爸美股走是咋回事呢"},{"id":5826618,"gmtCreate":1631324407700,"gmtModify":1663233706252,"authorId":9000000000000159,"author":{"id":9000000000000159,"authorId":9000000000000159,"name":"宝宝金水_","avatar":"https://static.tigerbbs.com/0fc912a97b9cf4b68e780cc36db9f964","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881936717,"type":1,"supId":0,"prevId":0,"content":"你有没有想过这样的后果是什么？股市之外的后果。","text":"你有没有想过这样的后果是什么？股市之外的后果。","html":"你有没有想过这样的后果是什么？股市之外的后果。"},{"id":5826603,"gmtCreate":1631324369320,"gmtModify":1663233705335,"authorId":9000000000000221,"author":{"id":9000000000000221,"authorId":9000000000000221,"name":"小时候可帅了00","avatar":"https://static.tigerbbs.com/d63237e21ae39bc54951c8ab6ec41ee9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881936717,"type":1,"supId":0,"prevId":0,"content":"我觉得你这个想法很好，可以给美联储写写信。","text":"我觉得你这个想法很好，可以给美联储写写信。","html":"我觉得你这个想法很好，可以给美联储写写信。"},{"id":5826632,"gmtCreate":1631324455802,"gmtModify":1663233704742,"authorId":3479274702625278,"author":{"id":3479274702625278,"authorId":3479274702625278,"name":"老夫的少女心_","avatar":"https://static.tigerbbs.com/53d8be38e6bbbfa27d16721be9a4e59b","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881936717,"type":1,"supId":0,"prevId":0,"content":"日本央行和各路基金机构扫空市面上的流通股吗？这样做过吗？","text":"日本央行和各路基金机构扫空市面上的流通股吗？这样做过吗？","html":"日本央行和各路基金机构扫空市面上的流通股吗？这样做过吗？"},{"id":5826653,"gmtCreate":1631324544297,"gmtModify":1663233703931,"authorId":9000000000000158,"author":{"id":9000000000000158,"authorId":9000000000000158,"name":"哎呀呀小伙子","avatar":"https://static.tigerbbs.com/124ddb27832ad3a5d8aa835fe6bb7572","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881936717,"type":1,"supId":0,"prevId":0,"content":"巴菲特不是说了嘛，美国股市没有泡沫，永远不要做空指数。","text":"巴菲特不是说了嘛，美国股市没有泡沫，永远不要做空指数。","html":"巴菲特不是说了嘛，美国股市没有泡沫，永远不要做空指数。"}],"langContent":"CN"},{"id":881997538,"gmtCreate":1631284202924,"gmtModify":1676530519997,"author":{"id":"3518527627041174","authorId":"3518527627041174","authorIdStr":"3518527627041174","name":"猛逃","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3518527627041174"},"htmlText":"快去炒你的A貴州茅臺去吧，別在這賣柺了[吃瓜]&nbsp;","listText":"快去炒你的A貴州茅臺去吧，別在這賣柺了[吃瓜]&nbsp;","text":"快去炒你的A貴州茅臺去吧，別在這賣柺了[吃瓜]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881997538","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881903700,"gmtCreate":1631283587600,"gmtModify":1676530519631,"author":{"id":"3557573101800097","authorId":"3557573101800097","authorIdStr":"3557573101800097","name":"鸟钱不赚也罢","avatar":"https://static.tigerbbs.com/bb4ee58f2f9897dc53c1902d82591b09","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3557573101800097"},"htmlText":"上書房行走太監","listText":"上書房行走太監","text":"上書房行走太監","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881903700","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881076399,"gmtCreate":1631283314811,"gmtModify":1676530519304,"author":{"id":"3465822921988267","authorId":"3465822921988267","authorIdStr":"3465822921988267","name":"初一十五躲不了","avatar":"https://static.tigerbbs.com/9d498c4c356321cefbb59591f028fd7f","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":0,"idStr":"3465822921988267"},"htmlText":"不管你怎麼黑，美股依舊是全球最好的市場。","listText":"不管你怎麼黑，美股依舊是全球最好的市場。","text":"不管你怎麼黑，美股依舊是全球最好的市場。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881076399","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881070763,"gmtCreate":1631283185552,"gmtModify":1676530519203,"author":{"id":"3581983861179652","authorId":"3581983861179652","authorIdStr":"3581983861179652","name":"虎子欧文","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581983861179652"},"htmlText":"世道變了，不能用過去的方法估算","listText":"世道變了，不能用過去的方法估算","text":"世道變了，不能用過去的方法估算","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881070763","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881042866,"gmtCreate":1631283047855,"gmtModify":1676530519115,"author":{"id":"3552909307694997","authorId":"3552909307694997","authorIdStr":"3552909307694997","name":"Jsooi2000","avatar":"https://static.tigerbbs.com/66558059766c5a3dbdde9d1ad41c289b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3552909307694997"},"htmlText":"還國際金融報，外國人不吃這一套。","listText":"還國際金融報，外國人不吃這一套。","text":"還國際金融報，外國人不吃這一套。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881042866","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881046060,"gmtCreate":1631282973050,"gmtModify":1676530519092,"author":{"id":"3518527627041174","authorId":"3518527627041174","authorIdStr":"3518527627041174","name":"猛逃","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3518527627041174"},"htmlText":"什麼亂七八糟的[摳鼻]&nbsp;","listText":"什麼亂七八糟的[摳鼻]&nbsp;","text":"什麼亂七八糟的[摳鼻]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881046060","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881041280,"gmtCreate":1631282937940,"gmtModify":1676530519050,"author":{"id":"3582594066192611","authorId":"3582594066192611","authorIdStr":"3582594066192611","name":"sammoun","avatar":"https://static.tigerbbs.com/a1e7332e8a814cce6b66f14a5486f86a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582594066192611"},"htmlText":"分析 這很好","listText":"分析 這很好","text":"分析 這很好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881041280","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881057438,"gmtCreate":1631282827524,"gmtModify":1676530518968,"author":{"id":"3476102738864120","authorId":"3476102738864120","authorIdStr":"3476102738864120","name":"张小野","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3476102738864120"},"htmlText":"這麼高了還呵護，大A學着點不好麼？咱們的龍頭各個都有價值，但看看今年跌了多少","listText":"這麼高了還呵護，大A學着點不好麼？咱們的龍頭各個都有價值，但看看今年跌了多少","text":"這麼高了還呵護，大A學着點不好麼？咱們的龍頭各個都有價值，但看看今年跌了多少","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881057438","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881055742,"gmtCreate":1631282741186,"gmtModify":1676530518905,"author":{"id":"3547213786216692","authorId":"3547213786216692","authorIdStr":"3547213786216692","name":"土_星_环","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3547213786216692"},"htmlText":"寧可相信黑心商人 也不相信紅心政客","listText":"寧可相信黑心商人 也不相信紅心政客","text":"寧可相信黑心商人 也不相信紅心政客","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881055742","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881058358,"gmtCreate":1631282619274,"gmtModify":1676530518818,"author":{"id":"3482550532367433","authorId":"3482550532367433","authorIdStr":"3482550532367433","name":"龙疼虎乐","avatar":"https://static.laohu8.com/1530cc5cd548815469551d0b8c1c8ee8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3482550532367433"},"htmlText":"你認爲A股有投資價值[捂臉]&nbsp;[捂臉]&nbsp;[捂臉]&nbsp;","listText":"你認爲A股有投資價值[捂臉]&nbsp;[捂臉]&nbsp;[捂臉]&nbsp;","text":"你認爲A股有投資價值[捂臉] [捂臉] [捂臉]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881058358","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":881051894,"gmtCreate":1631282596718,"gmtModify":1676530518819,"author":{"id":"3463114370494976","authorId":"3463114370494976","authorIdStr":"3463114370494976","name":"小佳_","avatar":"https://static.tigerbbs.com/e84d0cd1c2bf9299bd01975ccfdf18ea","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3463114370494976"},"htmlText":"沃糙你嘛","listText":"沃糙你嘛","text":"沃糙你嘛","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881051894","repostId":1181368305,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":79,"commentSize":21,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}