帮主郑重：美股破47000创新高！CPI降温后，中长线该这么看

Core Viewpoint - The recent mild CPI data has provided reassurance to the market, contributing to the historical highs of major stock indices, including the Dow Jones reaching 47,207 points for the first time [1][3]. Market Performance - The Dow Jones increased by 472 points, marking a 2.2% rise for the week, while the Nasdaq and S&P 500 rose by 1.15% and 0.79% respectively, with all three indices showing positive returns [3]. - The CPI report for September showed a month-on-month increase of 0.3% and an annualized rate dropping to 3%, both lower than economists' expectations [3]. Economic Indicators - The core CPI, excluding food and energy, was also lower than expected, which suggests that inflation is not a concern for the Federal Reserve [3]. - Following the CPI report, the probability of a rate cut in December surged from 91% to 98.5%, with the 10-year Treasury yield falling below 4% [3]. Corporate Earnings - Companies like Intel and Procter & Gamble reported better-than-expected sales and earnings, providing solid support for the market's upward movement [3]. - The market largely ignored geopolitical events, such as Trump's termination of trade talks with Canada, as the core logic of the market remained intact [3]. Investment Strategy - Long-term investors are advised to focus on core factors such as declining inflation and Federal Reserve easing, which provide a foundation for market stability [4]. - Emphasis should be placed on companies with reasonable valuations and solid earnings, rather than reacting to daily market fluctuations [4].