1月7日，中信证券发布报告，展望2026年，预计中国宏观经济呈现结构分化下的温和修复态势，全年经 济增速或达4.9%，出口保持韧性，投资逐步回暖，商品消费短期承压。2026年大类资产环境或呈现流 动性边际宽松与经济温和修复的特征，推荐商品>股票>债券。 汇率方面，人民币或进入温和升值周期，美元兑人民币汇率中枢有望逐步向6.8靠拢。 股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 债券方面，该行预计10年期中债收益率全年运行区间为1.5%-1.8%，节奏先下后上；10年期美债收益率 或维持3.9%-4.3%的区间波动。 商品方面，原油供需格局由过剩转向平衡，布伦特原油全年或在58-70美元/桶区间震荡；黄金在流动性 宽松与地缘风险支撑下延续强势但涨幅趋缓，有望冲击5000美元/盎司；铜则在供给约束与电力需求驱 动下具备强支撑，预计均价有望上涨至12000美元/吨。 权益方面，该行预计2026年万得全A全年涨幅5%-10%；港股预计迎来业绩触底反弹+第二轮估值修复的 戴维斯双击行情；美股在中期选举年"财政+货币"双宽松背景下，料将延续基本面增长动能。 ...

Core Insights - The article emphasizes the importance of practical experience over theoretical learning in overcoming confusion during career transitions [1][14] - It suggests a three-pronged approach to entrepreneurship: focusing on product, content, and sales to create a sustainable business model [5][6] Group 1: Overcoming Confusion - Confusion is a common state in life, and the key is how to respond to it [1] - Seeking advice without practical experience often leads to more confusion due to vague questions and ineffective answers [1][15] - Real, actionable advice comes from identifying specific challenges during the entrepreneurial process [1][10] Group 2: Three Core Actions - **Product**: Focus on creating a basic, sellable product that meets market demand rather than striving for perfection [1][5] - **Content**: Generate content to build trust and visibility, utilizing platforms like social media to reach potential customers [1][6] - **Sales**: Ensure that there is a clear match between target audience, content, and product to drive sales [1][5] Group 3: Practical Implementation - The article highlights a case where a manufacturing client successfully accumulated over 3 million sales leads by combining online and offline strategies [9] - It stresses the importance of continuous action and learning through doing, rather than remaining stagnant in theoretical discussions [11][16] - Effective questioning should stem from practical experience, allowing for targeted solutions to specific problems [12][13]