美国传来2个消息，一好一坏，经济可能回到1970年，黄金继续暴涨

Group 1 - The U.S. government has temporarily resolved the shutdown issue by passing a "temporary funding bill" that extends government operations until January 31 of the following year, ensuring funding for key programs like SNAP and veterans affairs [2] - The economic loss during the government shutdown has exceeded $10 billion, impacting business operations and citizens' lives [2] - Despite the short-term relief from the funding bill, the ongoing sharp divisions between the two political parties raise uncertainties about reaching a long-term agreement in the next three months, which could continue to affect the stability of the U.S. economy and financial markets [2][12] Group 2 - The San Francisco Fed President, Mary Daly, issued a strong warning about the U.S. economy potentially reverting to the stagflation path of the 1970s, rather than the prosperous path of the 1990s [4][6] - The 1970s stagflation period was characterized by high inflation, stagnant economic growth, and rising unemployment, with the Fed's premature easing of policies leading to a resurgence of inflation [6] - The current Fed's concerns suggest that excessive rate cuts could lead the U.S. economy back into stagflation, which has heightened market worries about the economic outlook [7][13] Group 3 - Following the news, gold prices surged significantly, and the Chinese yuan appreciated, reflecting global capital's concerns about the credibility of the U.S. dollar [9][14] - The ongoing increase in U.S. debt levels and high-interest rate policies have temporarily stabilized the dollar but have not prevented capital outflows [10] - The situation indicates that monetary credibility is influenced not only by interest rates but also by the overall economic reputation of the country [11] Group 4 - The temporary resolution of the government shutdown provides short-term benefits to the market, but the intensified political divisions create long-term policy uncertainties [12] - The Fed's warning about stagflation deepens market concerns regarding the U.S. economic outlook, which could have broader implications for the global economy [13][15] - For investors, gold and the yuan may emerge as significant safe-haven options amid the ongoing economic transformations [16]