特朗普“TACO交易”重演：恐慌背后的理性窗口 | 市场观察

Group 1 - The article discusses the phenomenon of "TACO trading," highlighting the market's quick recovery from initial panic following Trump's announcement of potential tariffs on Chinese goods, indicating an increase in market resilience [4][8] - The market's response to external shocks has shifted from panic-driven trading to a more rational, hedging approach, with a notable reduction in the duration of volatility from two weeks in April to just 48 hours in the recent event [8][10] - The article emphasizes the importance of a "barbell strategy" for investors, combining high-growth technology sectors with stable dividend-paying assets to navigate market volatility effectively [10][12] Group 2 - China's exports in September showed an 8.3% year-on-year increase, reflecting the country's efforts to diversify its trade and reduce reliance on a single market, which enhances its position in the global supply chain [15] - The article suggests that the current market environment, characterized by high volatility and structural differentiation, favors a balanced investment approach that captures both growth and defensive characteristics [13][16] - The performance of the CPO sector and the rise of new emotional value industries are highlighted as long-term investment opportunities, despite short-term market fluctuations [16]