{"id":580149,"date":"2023-12-28T03:15:24","date_gmt":"2023-12-28T03:15:24","guid":{"rendered":"https:\/\/proxyelite.info\/glossary\/bear-market\/"},"modified":"2023-12-28T03:15:24","modified_gmt":"2023-12-28T03:15:24","slug":"bear-market","status":"publish","type":"glossary","link":"https:\/\/proxyelite.info\/vi\/glossary\/bear-market\/","title":{"rendered":"Ch\u1ee3 g\u1ea5u"},"content":{"rendered":"<h2>Th\u1ecb tr\u01b0\u1eddng g\u1ea5u l\u00e0 g\u00ec?<\/h2>\n<p>Th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng \u0111\u1ec1 c\u1eadp \u0111\u1ebfn m\u1ed9t giai \u0111o\u1ea1n tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh \u0111\u01b0\u1ee3c \u0111\u1eb7c tr\u01b0ng b\u1edfi s\u1ef1 s\u1ee5t gi\u1ea3m gi\u00e1 t\u00e0i s\u1ea3n, th\u01b0\u1eddng \u0111\u01b0\u1ee3c k\u00edch ho\u1ea1t b\u1edfi nhi\u1ec1u y\u1ebfu t\u1ed1 kinh t\u1ebf nh\u01b0 suy tho\u00e1i kinh t\u1ebf, kh\u1ee7ng ho\u1ea3ng \u0111\u1ecba ch\u00ednh tr\u1ecb ho\u1eb7c s\u1ef1 bi quan lan r\u1ed9ng c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0. N\u00f3i chung, th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng \u0111\u01b0\u1ee3c \u0111\u00e1nh d\u1ea5u b\u1eb1ng vi\u1ec7c gi\u00e1 c\u1ed5 phi\u1ebfu gi\u1ea3m t\u1eeb 20% tr\u1edf l\u00ean so v\u1edbi m\u1ee9c cao g\u1ea7n \u0111\u00e2y.<\/p>\n<h2>Kh\u00e1m ph\u00e1 \u0111\u1ed9 s\u00e2u c\u1ee7a th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/h2>\n<p>Kh\u00e1i ni\u1ec7m v\u1ec1 th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng kh\u00f4ng ch\u1ec9 \u0111\u01a1n thu\u1ea7n l\u00e0 s\u1ef1 s\u1ee5t gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu. N\u00f3 t\u01b0\u1ee3ng tr\u01b0ng cho s\u1ef1 thay \u0111\u1ed5i trong t\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0, t\u1eeb l\u1ea1c quan sang bi quan, th\u01b0\u1eddng \u0111i k\u00e8m v\u1edbi s\u1ef1 s\u1ee5t gi\u1ea3m thanh kho\u1ea3n v\u00e0 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng c\u00f3 th\u1ec3 kh\u00e1c nhau v\u1ec1 th\u1eddi gian v\u00e0 m\u1ee9c \u0111\u1ed9 nghi\u00eam tr\u1ecdng, v\u00e0 v\u1ec1 m\u1eb7t l\u1ecbch s\u1eed, ch\u00fang l\u00e0 d\u1ea5u hi\u1ec7u b\u00e1o tr\u01b0\u1edbc c\u1ee7a suy tho\u00e1i ho\u1eb7c suy tho\u00e1i kinh t\u1ebf.<\/p>\n<h2>C\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ch\u00ednh c\u1ee7a th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/h2>\n<ul>\n<li><strong>Gi\u1ea3m gi\u00e1 k\u00e9o d\u00e0i<\/strong>: Nh\u1eefng giai \u0111o\u1ea1n gi\u00e1 c\u1ed5 phi\u1ebfu gi\u1ea3m li\u00ean t\u1ee5c.<\/li>\n<li><strong>T\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng<\/strong>: T\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0 ti\u00eau c\u1ef1c v\u00e0 ni\u1ec1m tin gi\u1ea3m s\u00fat.<\/li>\n<li><strong>Ch\u1ec9 s\u1ed1 kinh t\u1ebf<\/strong>: Th\u01b0\u1eddng g\u1eafn li\u1ec1n v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 kinh t\u1ebf k\u00e9m nh\u01b0 t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p cao, t\u0103ng tr\u01b0\u1edfng GDP th\u1ea5p, v.v.<\/li>\n<li><strong>Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch gi\u1ea3m<\/strong>: Thanh kho\u1ea3n th\u1ea5p h\u01a1n v\u00e0 ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch gi\u1ea3m.<\/li>\n<li><strong>Bi\u1ebfn \u0111\u1ed9ng t\u0103ng<\/strong>: Bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng cao h\u01a1n v\u00e0 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 kh\u00f3 l\u01b0\u1eddng.<\/li>\n<\/ul>\n<h2>C\u00e1c lo\u1ea1i th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/h2>\n<table>\n<thead>\n<tr>\n<th>Ki\u1ec3u<\/th>\n<th>\u0110\u1eb7c tr\u01b0ng<\/th>\n<th>Nguy\u00ean nh\u00e2n ph\u1ed5 bi\u1ebfn<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Th\u1ecb tr\u01b0\u1eddng g\u1ea5u theo chu k\u1ef3<\/td>\n<td>K\u00e9o d\u00e0i v\u00e0i th\u00e1ng \u0111\u1ebfn v\u00e0i n\u0103m<\/td>\n<td>Suy tho\u00e1i kinh t\u1ebf, thay \u0111\u1ed5i ch\u00ednh s\u00e1ch<\/td>\n<\/tr>\n<tr>\n<td>Ch\u1ee3 g\u1ea5u th\u1ebf t\u1ee5c<\/td>\n<td>C\u00f3 th\u1ec3 k\u00e9o d\u00e0i m\u1ed9t th\u1eadp k\u1ef7 ho\u1eb7c h\u01a1n<\/td>\n<td>Nh\u1eefng chuy\u1ec3n d\u1ecbch kinh t\u1ebf d\u00e0i h\u1ea1n<\/td>\n<\/tr>\n<tr>\n<td>Th\u1ecb tr\u01b0\u1eddng g\u1ea5u theo s\u1ef1 ki\u1ec7n<\/td>\n<td>\u0110\u01b0\u1ee3c k\u00edch ho\u1ea1t b\u1edfi c\u00e1c s\u1ef1 ki\u1ec7n ho\u1eb7c tin t\u1ee9c c\u1ee5 th\u1ec3<\/td>\n<td>S\u1ef1 ki\u1ec7n \u0111\u1ecba ch\u00ednh tr\u1ecb, kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Vi\u1ec7c s\u1eed d\u1ee5ng v\u00e0 th\u00e1ch th\u1ee9c c\u1ee7a th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/h2>\n<h3>C\u00e1ch s\u1eed d\u1ee5ng th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/h3>\n<ol>\n<li><strong>Bu\u00f4n b\u00e1n ng\u1eafn h\u1ea1n<\/strong>: Thu l\u1ee3i t\u1eeb s\u1ef1 s\u1ee5t gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu.<\/li>\n<li><strong>\u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0<\/strong>: \u0110\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n kh\u00f4ng t\u01b0\u01a1ng quan v\u1edbi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n.<\/li>\n<li><strong>C\u01a1 h\u1ed9i mua h\u00e0ng<\/strong>: Mua c\u1ed5 phi\u1ebfu c\u00f3 gi\u00e1 tr\u1ecb cao v\u1edbi gi\u00e1 th\u1ea5p h\u01a1n.<\/li>\n<\/ol>\n<h3>V\u1ea5n \u0111\u1ec1 v\u00e0 gi\u1ea3i ph\u00e1p<\/h3>\n<ul>\n<li><strong>Kh\u00f3 kh\u0103n v\u1ec1 th\u1eddi \u0111i\u1ec3m th\u1ecb tr\u01b0\u1eddng<\/strong>: D\u1ef1 \u0111o\u00e1n \u0111\u00e1y th\u1ecb tr\u01b0\u1eddng l\u00e0 m\u1ed9t th\u00e1ch th\u1ee9c. Gi\u1ea3i ph\u00e1p: \u00c1p d\u1ee5ng quan \u0111i\u1ec3m \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n.<\/li>\n<li><strong>\u0110\u1ea7u t\u01b0 c\u1ea3m x\u00fac<\/strong>: Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh v\u1ed9i v\u00e0ng. Gi\u1ea3i ph\u00e1p: Th\u1ef1c hi\u1ec7n theo c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u00f3 k\u1ef7 lu\u1eadt.<\/li>\n<\/ul>\n<h2>Ph\u00e2n t\u00edch so s\u00e1nh v\u1edbi c\u00e1c thu\u1eadt ng\u1eef t\u01b0\u01a1ng t\u1ef1<\/h2>\n<table>\n<thead>\n<tr>\n<th>Thu\u1eadt ng\u1eef<\/th>\n<th>Ch\u1ee3 g\u1ea5u<\/th>\n<th>Ch\u1ee3 b\u00f2<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Xu h\u01b0\u1edbng th\u1ecb tr\u01b0\u1eddng<\/td>\n<td>\u0111i xu\u1ed1ng<\/td>\n<td>Tr\u1edf l\u00ean<\/td>\n<\/tr>\n<tr>\n<td>T\u00e2m l\u00fd nh\u00e0 \u0111\u1ea7u t\u01b0<\/td>\n<td>Bi quan<\/td>\n<td>L\u1ea1c quan<\/td>\n<\/tr>\n<tr>\n<td>Tri\u1ec3n v\u1ecdng kinh t\u1ebf<\/td>\n<td>Ti\u00eau c\u1ef1c ho\u1eb7c kh\u00f4ng ch\u1eafc ch\u1eafn<\/td>\n<td>T\u00edch c\u1ef1c ho\u1eb7c ph\u00e1t tri\u1ec3n<\/td>\n<\/tr>\n<tr>\n<td>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0<\/td>\n<td>Ph\u00f2ng th\u1ee7, c\u01a1 h\u1ed9i<\/td>\n<td>T\u00edch c\u1ef1c, t\u1eadp trung v\u00e0o t\u0103ng tr\u01b0\u1edfng<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Quan \u0111i\u1ec3m v\u00e0 c\u00f4ng ngh\u1ec7 t\u01b0\u01a1ng lai<\/h2>\n<p>Th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng, b\u1ea5t ch\u1ea5p nh\u1eefng th\u00e1ch th\u1ee9c, mang l\u1ea1i c\u01a1 h\u1ed9i cho s\u1ef1 \u0111\u1ed5i m\u1edbi v\u00e0 t\u0103ng tr\u01b0\u1edfng. Tri\u1ec3n v\u1ecdng t\u01b0\u01a1ng lai bao g\u1ed3m:<\/p>\n<ol>\n<li><strong>Ph\u00e2n t\u00edch n\u00e2ng cao<\/strong>: D\u1ef1 \u0111o\u00e1n th\u1ecb tr\u01b0\u1eddng n\u00e2ng cao b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng AI v\u00e0 h\u1ecdc m\u00e1y.<\/li>\n<li><strong>C\u00f4ng ngh\u1ec7 chu\u1ed7i kh\u1ed1i<\/strong>: T\u0103ng t\u00ednh minh b\u1ea1ch v\u00e0 b\u1ea3o m\u1eadt trong giao d\u1ecbch th\u1ecb tr\u01b0\u1eddng.<\/li>\n<li><strong>\u0110\u1ea7u t\u01b0 b\u1ec1n v\u1eefng<\/strong>: T\u1eadp trung v\u00e0o c\u00e1c y\u1ebfu t\u1ed1 ESG (M\u00f4i tr\u01b0\u1eddng, X\u00e3 h\u1ed9i, Qu\u1ea3n tr\u1ecb) trong th\u1eddi k\u1ef3 th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng.<\/li>\n<\/ol>\n<h2>Vai tr\u00f2 c\u1ee7a m\u00e1y ch\u1ee7 proxy trong th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/h2>\n<p>M\u00e1y ch\u1ee7 proxy c\u00f3 th\u1ec3 \u0111\u00f3ng m\u1ed9t vai tr\u00f2 quan tr\u1ecdng trong th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng b\u1eb1ng c\u00e1ch:<\/p>\n<ol>\n<li><strong>Nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng an to\u00e0n<\/strong>: Cung c\u1ea5p kh\u1ea3 n\u0103ng duy\u1ec7t web an to\u00e0n v\u00e0 \u1ea9n danh \u0111\u1ec3 nghi\u00ean c\u1ee9u v\u00e0 ph\u00e2n t\u00edch th\u1ecb tr\u01b0\u1eddng.<\/li>\n<li><strong>Ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u<\/strong>: V\u01b0\u1ee3t qua c\u00e1c h\u1ea1n ch\u1ebf v\u1ec1 \u0111\u1ecba l\u00fd \u0111\u1ec3 ti\u1ebfp c\u1eadn d\u1eef li\u1ec7u v\u00e0 xu h\u01b0\u1edbng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u.<\/li>\n<li><strong>Thu th\u1eadp v\u00e0 ph\u00e2n t\u00edch d\u1eef li\u1ec7u<\/strong>: T\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu th\u1eadp d\u1eef li\u1ec7u hi\u1ec7u qu\u1ea3 \u0111\u1ec3 ph\u00e2n t\u00edch t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng v\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0.<\/li>\n<\/ol>\n<h2>Li\u00ean k\u1ebft li\u00ean quan<\/h2>\n<p>\u0110\u1ec3 bi\u1ebft th\u00f4ng tin to\u00e0n di\u1ec7n h\u01a1n v\u1ec1 th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng, h\u00e3y xem x\u00e9t kh\u00e1m ph\u00e1 c\u00e1c ngu\u1ed3n t\u00e0i nguy\u00ean sau:<\/p>\n<ol>\n<li><a target=\"_new\" rel=\"noopener\">Investopedia \u2013 Th\u1ecb tr\u01b0\u1eddng g\u1ea5u<\/a><\/li>\n<li><a target=\"_new\" rel=\"noopener\">S\u1ef1 c\u00e2n b\u1eb1ng \u2013 Hi\u1ec3u v\u1ec1 th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng<\/a><\/li>\n<li><a target=\"_new\" rel=\"noopener\">Forbes \u2013 Chi\u1ebfn l\u01b0\u1ee3c cho th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng<\/a><\/li>\n<li><a target=\"_new\" rel=\"noopener\">Financial Times \u2013 Th\u1ecb tr\u01b0\u1eddng gi\u00e1 xu\u1ed1ng v\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0<\/a><\/li>\n<\/ol>","protected":false},"featured_media":580150,"menu_order":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-580149","glossary","type-glossary","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/glossary\/580149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":0,"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/glossary\/580149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/media\/580150"}],"wp:attachment":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/media?parent=580149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}