“晴雨表”反映经济吗？

Group 1 - Financial markets are often seen as the "weather vane" of the economy, but recent macro data has deviated from expectations, leading to market "numbness" or even opposite trends [2][3] - The current AI wave differs from the last internet revolution, as major overseas tech companies show a relatively solid profit foundation, supported by macro liquidity and regulatory environments [4] - Recent trends show both risk assets, represented by stocks, and safe-haven assets, primarily gold, rising simultaneously, which historically corresponds to a phase of dollar depreciation [7] Group 2 - The macro narrative surrounding supply is not over and will continue to run parallel with traditional domestic demand trends, influencing market risk preferences [9] - The pressure to achieve economic growth targets by the end of the year may increase the weight of traditional fundamentals on market influences [9]