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2021-10-01
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Why September Shouldn't Make You Panic About the Stock Market<blockquote>为什么九月不会让你对股市感到恐慌</blockquote>
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Fears circled around a number of issues affecting the stock market, including inflation, immense liquidity in the monetary system, the COVID-19 pandemic, and a general concern about lurking traps that might not yet even be known.</p><p><blockquote>周四是华尔街又一个糟糕的一天，投资者在当天早些时候试图取得令人信服的上涨，但未能成功。人们的担忧围绕着影响股市的许多问题，包括通货膨胀、货币体系中巨大的流动性、COVID-19大流行，以及对可能还不为人所知的潜在陷阱的普遍担忧。</blockquote></p><p> Losses for the month for the<b>Dow Jones Industrial Average</b>(DJINDICES:^DJI),<b>S&P 500</b>(SNPINDEX:^GSPC), and<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)were substantial, ranging from 4% to 5%.</p><p><blockquote>当月亏损<b>道琼斯工业平均指数</b>(DJINDICES：^DJI),<b>标普500</b>(SNPINDEX：^GSPC)，和<b>纳斯达克复合材料</b>（纳斯达克指数：^IXIC）的涨幅很大，从4%到5%不等。</blockquote></p><p> <table> <thead> <tr> <th><b>Index</b></p><p><blockquote><table><thead><tr><th><b>指数</b></th></tr></thead></table></blockquote></p><p></th> <th><b>Daily Percentage Change</b></p><p><blockquote><th><b>每日百分比变化</b></th></blockquote></p><p></th> <th><b>Daily Point Change</b></p><p><blockquote><th><b>每日点数变化</b></th></blockquote></p><p></th> </tr> </thead> <tbody> <tr> <td>Dow</p><p><blockquote><tbody><tr><td>陶氏化学</td></tr></tbody></blockquote></p><p></td> <td>(1.59%)</p><p><blockquote><td>(1.59%)</td></blockquote></p><p></td> <td>(547)</p><p><blockquote><td>(547)</td></blockquote></p><p></td> </tr> <tr> <td>S&P 500</p><p><blockquote><tr><td>标普500</td></tr></blockquote></p><p></td> <td>(1.19%)</p><p><blockquote><td>(1.19%)</td></blockquote></p><p></td> <td>(52)</p><p><blockquote><td>(52)</td></blockquote></p><p></td> </tr> <tr> <td>Nasdaq</p><p><blockquote><tr><td>纳斯达克</td></tr></blockquote></p><p></td> <td>(0.44%)</p><p><blockquote><td>(0.44%)</td></blockquote></p><p></td> <td>(64)</p><p><blockquote><td>(64)</td></blockquote></p><p></td> </tr> </tbody> </table> DATA SOURCE: YAHOO! FINANCE.</p><p><blockquote>数据来源：雅虎！金融。</blockquote></p><p> It's been a while sinceinvestors had to deal with a sizable market pullback. Yet even though the month of October has traditionally been a scary one for investors, there are ample reasons not to panic about the stock market's long-term prospects. Below, we'll take a closer look at the market's performance to try to put the losses for the day and the month in perspective.</p><p><blockquote>投资者已经有一段时间不得不应对市场大幅回调了。然而，尽管10月份传统上对投资者来说是一个可怕的月份，但有充分的理由不要对股市的长期前景感到恐慌。下面，我们将仔细看看市场的表现，试图正确看待当天和本月的损失。</blockquote></p><p> IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> When you're going through stock market corrections in real time, it's easy to get fixated on the short-term impacts. For instance, the following statements make compelling headlines -- and they're absolutely true:</p><p><blockquote>当你实时经历股市调整时，很容易关注短期影响。例如，以下陈述成为引人注目的头条新闻——而且它们绝对是真实的：</blockquote></p><p> <ul> <li>Dow drops 1,000 points in three sessions</li> <li>S&P 500 loses more than 200 points in September</li> <li>Nasdaq is down almost 600 points just this week</li> </ul> But before you draw the wrong conclusion from those true statements, you should bear in mind that I chose them for maximum impact. If you focus on other statements that are also true, you might well come away with a completely different attitude about the market.</p><p><blockquote><ul><li>道指三个交易日下跌1000点</li><li>标普500 9月份下跌超过200点</li><li>纳斯达克本周下跌近600点</li></ul>但在你从那些真实的陈述中得出错误的结论之前，你应该记住，我选择它们是为了最大的影响。如果你关注其他同样真实的陈述，你很可能会对市场产生完全不同的态度。</blockquote></p><p> For example, even with all the declines that we've seen lately, major market benchmarks have only given up about two months' worth of gains. Where we ended the month of September is still above the lows that the stock market set in mid-July. The S&P 500 actually finished the third quarter<i>up</i>from where it closed at the end of June.</p><p><blockquote>例如，即使我们最近看到所有下跌，主要市场基准也只回吐了大约两个月的涨幅。我们9月份结束时的水平仍高于7月中旬股市创下的低点。标普500实际上完成了第三季度<i>向上</i>从六月底关闭的地方。</blockquote></p><p> Push back the calendar a little further, and you'll see even more encouraging news. The Dow, the S&P, and the Nasdaq are all still up double-digit percentages for 2021. The S&P has climbed almost 15% -- and that's<i>before</i>you add in the dividend income that its constituent stocks have paid to shareholders.</p><p><blockquote>把日历再往后推一点，你会看到更多令人鼓舞的消息。2021年，道琼斯指数、标准普尔指数和纳斯达克指数仍将以两位数的百分比上涨。标准普尔指数上涨了近15%——这就是<i>以前</i>你加上其成分股支付给股东的股息收入。</blockquote></p><p> And when you take a multiyear look, you'll see that even when you include the impact of the coronavirus bear market in early 2020, the returns forstock market indexesover the past seven quarters have been solid. The Dow's 19% rise over that time frame matches the long-term performance of the index, but gains of 33% for the S&P 500 and 61% for the Nasdaq are exceptional.</p><p><blockquote>当你审视多年来的情况时，你会发现，即使考虑到2020年初冠状病毒熊市的影响，过去七个季度股市指数的回报也很稳健。道琼斯指数在此期间上涨了19%，与该指数的长期表现相符，但标普500上涨了33%，纳斯达克上涨了61%，这是例外。</blockquote></p><p> Perhaps the most compelling reason not to panic about the pullback thus far is that it hasn't really caused any significant damage. Despite the headlines, major market benchmarks are only down around 5% to 6% from their all-time highs. Put another way, it's taken just about all the negative sentiment the market could muster just to get Wall Street to go through what most people consider a minor correction.</p><p><blockquote>也许到目前为止，不要对回调感到恐慌的最令人信服的理由是，它并没有真正造成任何重大损害。尽管头条新闻如此，主要市场基准仅较历史高点下跌约5%至6%。换句话说，为了让华尔街经历大多数人认为的小幅调整，市场几乎吸收了所有负面情绪。</blockquote></p><p> Yes, it's always possible that the declines of the market in September could prove to be just the beginning of a more extensive downward move in the months to come. But long-term investors should always be prepared for market downturns -- while remaining confident in the eventual recovery that has followed those downturns without fail.</p><p><blockquote>是的，9月份市场的下跌总是有可能被证明只是未来几个月更大范围下跌的开始。但长期投资者应该始终为市场低迷做好准备，同时对这些低迷之后的最终复苏保持信心。</blockquote></p><p></p>","source":"market_watch","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>Why September Shouldn't Make You Panic About the Stock Market<blockquote>为什么九月不会让你对股市感到恐慌</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; }\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: 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\">\nWhy September Shouldn't Make You Panic About the Stock Market<blockquote>为什么九月不会让你对股市感到恐慌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-01 07:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul> <li>Thursday was a weak day for the stock market, marking an end to a particularly bad September.</li> <li>Despite short-term losses, the downturn hasn't taken stocks very far from their highs.</li> <li>A long-term horizon gives you the ability to weather short-term moves like these.</li> </ul> </p><p><blockquote><ul><li>周四是股市疲软的一天，标志着特别糟糕的九月的结束。</li><li>尽管出现了短期损失，但经济低迷并没有使股市远离高点。</li><li>长期视野让你有能力经受住这样的短期波动。</li></ul></blockquote></p><p> Thursday was another bad day on Wall Street, as investors tried and failed to mount a convincing advance early in the day. Fears circled around a number of issues affecting the stock market, including inflation, immense liquidity in the monetary system, the COVID-19 pandemic, and a general concern about lurking traps that might not yet even be known.</p><p><blockquote>周四是华尔街又一个糟糕的一天，投资者在当天早些时候试图取得令人信服的上涨，但未能成功。人们的担忧围绕着影响股市的许多问题，包括通货膨胀、货币体系中巨大的流动性、COVID-19大流行，以及对可能还不为人所知的潜在陷阱的普遍担忧。</blockquote></p><p> Losses for the month for the<b>Dow Jones Industrial Average</b>(DJINDICES:^DJI),<b>S&P 500</b>(SNPINDEX:^GSPC), and<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)were substantial, ranging from 4% to 5%.</p><p><blockquote>当月亏损<b>道琼斯工业平均指数</b>(DJINDICES：^DJI),<b>标普500</b>(SNPINDEX：^GSPC)，和<b>纳斯达克复合材料</b>（纳斯达克指数：^IXIC）的涨幅很大，从4%到5%不等。</blockquote></p><p> <table> <thead> <tr> <th><b>Index</b></p><p><blockquote><table><thead><tr><th><b>指数</b></th></tr></thead></table></blockquote></p><p></th> <th><b>Daily Percentage Change</b></p><p><blockquote><th><b>每日百分比变化</b></th></blockquote></p><p></th> <th><b>Daily Point Change</b></p><p><blockquote><th><b>每日点数变化</b></th></blockquote></p><p></th> </tr> </thead> <tbody> <tr> <td>Dow</p><p><blockquote><tbody><tr><td>陶氏化学</td></tr></tbody></blockquote></p><p></td> <td>(1.59%)</p><p><blockquote><td>(1.59%)</td></blockquote></p><p></td> <td>(547)</p><p><blockquote><td>(547)</td></blockquote></p><p></td> </tr> <tr> <td>S&P 500</p><p><blockquote><tr><td>标普500</td></tr></blockquote></p><p></td> <td>(1.19%)</p><p><blockquote><td>(1.19%)</td></blockquote></p><p></td> <td>(52)</p><p><blockquote><td>(52)</td></blockquote></p><p></td> </tr> <tr> <td>Nasdaq</p><p><blockquote><tr><td>纳斯达克</td></tr></blockquote></p><p></td> <td>(0.44%)</p><p><blockquote><td>(0.44%)</td></blockquote></p><p></td> <td>(64)</p><p><blockquote><td>(64)</td></blockquote></p><p></td> </tr> </tbody> </table> DATA SOURCE: YAHOO! FINANCE.</p><p><blockquote>数据来源：雅虎！金融。</blockquote></p><p> It's been a while sinceinvestors had to deal with a sizable market pullback. Yet even though the month of October has traditionally been a scary one for investors, there are ample reasons not to panic about the stock market's long-term prospects. Below, we'll take a closer look at the market's performance to try to put the losses for the day and the month in perspective.</p><p><blockquote>投资者已经有一段时间不得不应对市场大幅回调了。然而，尽管10月份传统上对投资者来说是一个可怕的月份，但有充分的理由不要对股市的长期前景感到恐慌。下面，我们将仔细看看市场的表现，试图正确看待当天和本月的损失。</blockquote></p><p> IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> When you're going through stock market corrections in real time, it's easy to get fixated on the short-term impacts. For instance, the following statements make compelling headlines -- and they're absolutely true:</p><p><blockquote>当你实时经历股市调整时，很容易关注短期影响。例如，以下陈述成为引人注目的头条新闻——而且它们绝对是真实的：</blockquote></p><p> <ul> <li>Dow drops 1,000 points in three sessions</li> <li>S&P 500 loses more than 200 points in September</li> <li>Nasdaq is down almost 600 points just this week</li> </ul> But before you draw the wrong conclusion from those true statements, you should bear in mind that I chose them for maximum impact. If you focus on other statements that are also true, you might well come away with a completely different attitude about the market.</p><p><blockquote><ul><li>道指三个交易日下跌1000点</li><li>标普500 9月份下跌超过200点</li><li>纳斯达克本周下跌近600点</li></ul>但在你从那些真实的陈述中得出错误的结论之前，你应该记住，我选择它们是为了最大的影响。如果你关注其他同样真实的陈述，你很可能会对市场产生完全不同的态度。</blockquote></p><p> For example, even with all the declines that we've seen lately, major market benchmarks have only given up about two months' worth of gains. Where we ended the month of September is still above the lows that the stock market set in mid-July. The S&P 500 actually finished the third quarter<i>up</i>from where it closed at the end of June.</p><p><blockquote>例如，即使我们最近看到所有下跌，主要市场基准也只回吐了大约两个月的涨幅。我们9月份结束时的水平仍高于7月中旬股市创下的低点。标普500实际上完成了第三季度<i>向上</i>从六月底关闭的地方。</blockquote></p><p> Push back the calendar a little further, and you'll see even more encouraging news. The Dow, the S&P, and the Nasdaq are all still up double-digit percentages for 2021. The S&P has climbed almost 15% -- and that's<i>before</i>you add in the dividend income that its constituent stocks have paid to shareholders.</p><p><blockquote>把日历再往后推一点，你会看到更多令人鼓舞的消息。2021年，道琼斯指数、标准普尔指数和纳斯达克指数仍将以两位数的百分比上涨。标准普尔指数上涨了近15%——这就是<i>以前</i>你加上其成分股支付给股东的股息收入。</blockquote></p><p> And when you take a multiyear look, you'll see that even when you include the impact of the coronavirus bear market in early 2020, the returns forstock market indexesover the past seven quarters have been solid. The Dow's 19% rise over that time frame matches the long-term performance of the index, but gains of 33% for the S&P 500 and 61% for the Nasdaq are exceptional.</p><p><blockquote>当你审视多年来的情况时，你会发现，即使考虑到2020年初冠状病毒熊市的影响，过去七个季度股市指数的回报也很稳健。道琼斯指数在此期间上涨了19%，与该指数的长期表现相符，但标普500上涨了33%，纳斯达克上涨了61%，这是例外。</blockquote></p><p> Perhaps the most compelling reason not to panic about the pullback thus far is that it hasn't really caused any significant damage. Despite the headlines, major market benchmarks are only down around 5% to 6% from their all-time highs. Put another way, it's taken just about all the negative sentiment the market could muster just to get Wall Street to go through what most people consider a minor correction.</p><p><blockquote>也许到目前为止，不要对回调感到恐慌的最令人信服的理由是，它并没有真正造成任何重大损害。尽管头条新闻如此，主要市场基准仅较历史高点下跌约5%至6%。换句话说，为了让华尔街经历大多数人认为的小幅调整，市场几乎吸收了所有负面情绪。</blockquote></p><p> Yes, it's always possible that the declines of the market in September could prove to be just the beginning of a more extensive downward move in the months to come. But long-term investors should always be prepared for market downturns -- while remaining confident in the eventual recovery that has followed those downturns without fail.</p><p><blockquote>是的，9月份市场的下跌总是有可能被证明只是未来几个月更大范围下跌的开始。但长期投资者应该始终为市场低迷做好准备，同时对这些低迷之后的最终复苏保持信心。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/09/30/why-september-shouldnt-make-you-panic-stock-market/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/09/30/why-september-shouldnt-make-you-panic-stock-market/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1185076130","content_text":"Key Points\n\nThursday was a weak day for the stock market, marking an end to a particularly bad September.\nDespite short-term losses, the downturn hasn't taken stocks very far from their highs.\nA long-term horizon gives you the ability to weather short-term moves like these.\n\n\nThursday was another bad day on Wall Street, as investors tried and failed to mount a convincing advance early in the day. Fears circled around a number of issues affecting the stock market, including inflation, immense liquidity in the monetary system, the COVID-19 pandemic, and a general concern about lurking traps that might not yet even be known.\nLosses for the month for theDow Jones Industrial Average(DJINDICES:^DJI),S&P 500(SNPINDEX:^GSPC), andNasdaq Composite(NASDAQINDEX:^IXIC)were substantial, ranging from 4% to 5%.\n\n\n\nIndex\nDaily Percentage Change\nDaily Point Change\n\n\n\n\nDow\n(1.59%)\n(547)\n\n\nS&P 500\n(1.19%)\n(52)\n\n\nNasdaq\n(0.44%)\n(64)\n\n\n\nDATA SOURCE: YAHOO! FINANCE.\nIt's been a while sinceinvestors had to deal with a sizable market pullback. Yet even though the month of October has traditionally been a scary one for investors, there are ample reasons not to panic about the stock market's long-term prospects. Below, we'll take a closer look at the market's performance to try to put the losses for the day and the month in perspective.\nIMAGE SOURCE: GETTY IMAGES.\nWhen you're going through stock market corrections in real time, it's easy to get fixated on the short-term impacts. For instance, the following statements make compelling headlines -- and they're absolutely true:\n\nDow drops 1,000 points in three sessions\nS&P 500 loses more than 200 points in September\nNasdaq is down almost 600 points just this week\n\nBut before you draw the wrong conclusion from those true statements, you should bear in mind that I chose them for maximum impact. If you focus on other statements that are also true, you might well come away with a completely different attitude about the market.\nFor example, even with all the declines that we've seen lately, major market benchmarks have only given up about two months' worth of gains. Where we ended the month of September is still above the lows that the stock market set in mid-July. The S&P 500 actually finished the third quarterupfrom where it closed at the end of June.\nPush back the calendar a little further, and you'll see even more encouraging news. The Dow, the S&P, and the Nasdaq are all still up double-digit percentages for 2021. The S&P has climbed almost 15% -- and that'sbeforeyou add in the dividend income that its constituent stocks have paid to shareholders.\nAnd when you take a multiyear look, you'll see that even when you include the impact of the coronavirus bear market in early 2020, the returns forstock market indexesover the past seven quarters have been solid. The Dow's 19% rise over that time frame matches the long-term performance of the index, but gains of 33% for the S&P 500 and 61% for the Nasdaq are exceptional.\nPerhaps the most compelling reason not to panic about the pullback thus far is that it hasn't really caused any significant damage. Despite the headlines, major market benchmarks are only down around 5% to 6% from their all-time highs. Put another way, it's taken just about all the negative sentiment the market could muster just to get Wall Street to go through what most people consider a minor correction.\nYes, it's always possible that the declines of the market in September could prove to be just the beginning of a more extensive downward move in the months to come. But long-term investors should always be prepared for market downturns -- while remaining confident in the eventual recovery that has followed those downturns without fail.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":301,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/864041763"}
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