Core Viewpoint - The resurgence of cross-border ETFs has led to significant price increases across various funds, driven by positive market sentiment following favorable inflation data and a temporary trade truce between the US and China [1][5][10]. Group 1: ETF Performance - The Southern Fund's Saudi ETF, Invesco's Nasdaq Tech ETF, and Invesco's S&P Consumer ETF saw increases of 5.57%, 3.64%, and 3.4% respectively, with latest premium/discount rates at 8.99%, 3.72%, and 29.09% [1][3]. - The S&P Oil & Gas ETFs from Franklin Templeton and Harvest Fund increased by 3.19% and 2.99% respectively, reflecting a broader rise in oil prices [1][3]. - The Nasdaq index rose for the second consecutive day, with Franklin Templeton's Nasdaq ETF and Cathay Fund's Nasdaq ETF increasing by 2.7% and 2.63% respectively [1][3]. Group 2: Market Context - Global stock markets continued to rise, with the S&P 500 and Nasdaq indices gaining 0.72% and 1.61% respectively, attributed to lower-than-expected inflation data and improved investor sentiment following the US-China trade truce [5][6]. - The S&P 500 index has recovered its losses for the year, now up 0.1%, after a significant drop earlier due to escalating trade tensions [5][6]. - The recent signing of a $142 billion arms deal between the US and Saudi Arabia, along with Nvidia's commitment to supply advanced AI chips, has further bolstered market optimism [6][10]. Group 3: Economic Indicators - The US Consumer Price Index rose by 2.3% year-on-year in April, below the expected 2.4%, marking the lowest level since February 2021 [10]. - Despite the favorable inflation data, the 10-year US Treasury yield increased by 2.4 basis points to 4.481%, indicating a complex market reaction [10]. - Market analysts suggest that the upcoming month may see fluctuations in the S&P 500 index between 5500 and 5800 points, supported by corporate buybacks and trade agreements [10].

理想与现实的差距 不知以下的这些场景、这些话您是否熟悉? - 对长期持有产生愤怒 "说好的长期持有能赚钱,我越跌越买,结果一 套就是三年!" 当价值投资变成一场 = 自我欺骗" 普通投资者为何知易行难? 1 对专家观点无言以对 "去年专家还说产业逻辑依旧成立,结果现在改 口了,说逻辑变了,让慎重,真是涨也是他 们,跌也是他们。" 对市场波动胆颤心惊 "每次跌到我想加仓的时候,手都在发抖!总是 一卖就涨,一买就跌。" 对投资之难自我调侃 "看财报比高考还难,看K线也读不出个一 四五,买股票不如买彩票。 「对投资结果情何以堪 "拿着我这些所谓的好股票,PE都个位数了, 结果拿了两年还不如别人搞个概念两天挣的 多,让我情何以堪。" 「对信息焦虑黑色幽默 "千挑万选的'优质股',董事长突然被带走了, 股价连连跌停,难不成炒个股还得24小时监控 董事长。" 如果屏幕前的您也曾经历上述场景、也曾说过类似的 话,说明您在价值投资,长期主义的道路上已经迷失 了航向,所谓的"价值投资"俨然已经异化成了一场 "自我欺骗、自我麻痹"和"口号式的赶集"。那么请 您务必看完以下五条关于价值投资的经典误区。 e C .......... ...