<p>股市正在强劲反弹，创下历史新高，四周上涨了 12.5%，然而，普通消费者却面临经济悲观的明显脱节，<strong>Charlie Bilello</strong> 强调。</p>
<h2><strong>‘电梯上升’ 的市场激增</strong></h2>
<p>标准普尔 500 指数经历了 惊人的反弹，在四周内上涨了 12.5%，标志着自 1950 年 1 月以来的第 20 大涨幅。</p>
<p>Creative Planning 的首席市场策略师 Bilello 强调了这一快速反弹的前所未有。与以往的大规模市场反弹不同，这次激增并不是源于传统熊市的深渊。相反，该指数在飙升之前经历了 9.8% 的温和下跌。Bilello 将这种不寻常的价格走势形容为 “下楼梯，上电梯”。</p>
<p>追踪标准普尔 500 指数的 ETF，<strong>State Street SPDR S&amp;P 500 ETF Trust</strong> (NYSE: SPY) 在过去一个月也回报了 12.59%，年初至今上涨了 4.50%，年内上涨了 29.61%。</p>
<p>尽管没有发生重大崩盘，历史表明这种势头可能会持续。Bilello 指出，“强势往往会带来强势” 的规律在股票市场中依然适用。</p>
<blockquote>
<p>在过去 4 周内，标准普尔 500 指数上涨 12.5% 是自 1950 年以来该指数第 20 大 4 周涨幅。$SPX</p>
<p>视频: https://t.co/Mf86zOcPMN pic.twitter.com/On8ryToVyG</p>
<p>— Charlie Bilello (@charliebilello) 2026 年 4 月 26 日</p>
</blockquote>
<h2><strong>情绪的 ‘日益分化’</strong></h2>
<p>然而，华尔街的狂欢并未被普通消费者所感受到。Bilello 指出当前宏观经济形势中的一个显著矛盾，强调了华尔街与主街之间的 “日益分化”。</p>
<p>尽管标准普尔 500 指数庆祝今年的第九个历史新高，消费者信心 却同时降至历史低点。</p>
<p>消费者仍然受到 持续通胀 和失业上升的恐惧的沉重负担。有趣的是，这种负面情绪与实际经济数据形成对比；失业救济申请保持在多年低位，零售销售持续攀升。</p>
<p><strong>另请阅读：</strong>
<strong>标准普尔 500、纳斯达克创下历史新高：投资者情绪略有下降，但恐惧指数仍处于 ‘贪婪’ 区间</strong></p>
<h2><strong>拥抱恐惧</strong></h2>
<p>Bilello 将股市近期的成功归因于那些在他人恐惧时积极买入的长期投资者。</p>
<p>他强调，“恐慌性抛售在短期内很少会得到回报。” 在小幅市场调整期间，情绪化的投资者往往会错过丰厚的反弹机会。</p>
<p>最终，数据始终表明，拥抱恐慌为那些愿意忽视当前悲观情绪的人创造了显著的长期机会。</p>
<p><strong>另请阅读：</strong>
<strong>Dan Ives 预测到 2027 年初 SpaceX 与特斯拉合并的机会为 ‘80%、90%’</strong></p>
<p><strong><em>免责声明：</em></strong> <em>本内容部分由 AI 工具生成，并经过 Benzinga 编辑审核和发布。</em></p>
<p><em>图片来源: Shutterstock</em></p>

标普 500 指数

标普 500 ETF - SPDR

3 倍做多标普 500 ETF - Direxion

标普 500 ETF - iShares

标普 500 ETF - Vanguard

2 倍做多标普 500 ETF - ProShares

3 倍做多标普 500 ETF - ProShares

<p>标普 500 指数在四周内实现了历史性的 12.5% 的反弹，成为自 1950 年以来的第 20 大涨幅。尽管如此，专家 Charlie Bilello 警告称，华尔街与主街之间的差距正在扩大，因为由于通货膨胀和失业恐惧，消费者信心依然低迷。尽管失业救济申请接近多年低点，零售销售也在上升，但这种脱节突显了经济认知的明显对比。Bilello 强调，长期投资者在市场调整期间买入，通常会从显著的反弹中受益</p>

<p>The stock market is roaring back to all-time highs with a historic 12.5% four-week surge, yet a stark disconnect remains as everyday consumers grapple with economic pessimism, highlights <strong>Charlie Bilello</strong>.</p>
<div class="lb-trans"><p>股市正在强劲反弹，创下历史新高，四周上涨了 12.5%，然而，普通消费者却面临经济悲观的明显脱节，<strong>Charlie Bilello</strong> 强调。</p>
</div><h2><strong>The ‘Elevator Up’ Market Surge</strong></h2>
<div class="lb-trans"><h2><strong>‘电梯上升’ 的市场激增</strong></h2>
</div><p>The S&amp;P 500 has staged a staggering comeback, gaining 12.5% over four weeks to mark its 20th biggest advance since January 1950.</p>
<div class="lb-trans"><p>标准普尔 500 指数经历了 惊人的反弹，在四周内上涨了 12.5%，标志着自 1950 年 1 月以来的第 20 大涨幅。</p>
</div><p>Chief Market Strategist at Creative Planning, Bilello, highlighted the unprecedented nature of this rapid rebound. Unlike previous massive market rallies, this surge did not emerge from the depths of a traditional bear market. Instead, the index experienced a modest 9.8% decline before rocketing upward. Bilello describes this unusual price action as “stairs down and elevator up.”</p>
<div class="lb-trans"><p>Creative Planning 的首席市场策略师 Bilello 强调了这一快速反弹的前所未有。与以往的大规模市场反弹不同，这次激增并不是源于传统熊市的深渊。相反，该指数在飙升之前经历了 9.8% 的温和下跌。Bilello 将这种不寻常的价格走势形容为 “下楼梯，上电梯”。</p>
</div><p>The ETF tracking the S&amp;P 500 index, <strong>State Street SPDR S&amp;P 500 ETF Trust</strong> (NYSE: SPY) has also returned 12.59% over the last month, 4.50% year-to-date and 29.61% over the year.</p>
<div class="lb-trans"><p>追踪标准普尔 500 指数的 ETF，<strong>State Street SPDR S&amp;P 500 ETF Trust</strong> (NYSE: SPY) 在过去一个月也回报了 12.59%，年初至今上涨了 4.50%，年内上涨了 29.61%。</p>
</div><p>Despite the lack of a major preceding crash, history suggests the momentum could continue. Bilello notes that “strength tends to beget strength” in equities.</p>
<div class="lb-trans"><p>尽管没有发生重大崩盘，历史表明这种势头可能会持续。Bilello 指出，“强势往往会带来强势” 的规律在股票市场中依然适用。</p>
</div><blockquote>
<p>The 12.5% gain in the S&amp;P 500 over the last 4 weeks was the 20th biggest 4-week advance for the index since 1950. $SPX</p>
<p>Video: https://t.co/Mf86zOcPMN pic.twitter.com/On8ryToVyG</p>
<p>— Charlie Bilello (@charliebilello) April 26, 2026</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>在过去 4 周内，标准普尔 500 指数上涨 12.5% 是自 1950 年以来该指数第 20 大 4 周涨幅。$SPX</p>
<p>视频: https://t.co/Mf86zOcPMN pic.twitter.com/On8ryToVyG</p>
<p>— Charlie Bilello (@charliebilello) 2026 年 4 月 26 日</p>
</blockquote>
</div><h2><strong>A ‘Growing Divide’ In Sentiment</strong></h2>
<div class="lb-trans"><h2><strong>情绪的 ‘日益分化’</strong></h2>
</div><p>However, Wall Street’s euphoria is not being felt by the average consumer. Bilello pointed to a striking contradiction in the current macroeconomic landscape, highlighting a “growing divide” between Wall Street and Main Street.</p>
<div class="lb-trans"><p>然而，华尔街的狂欢并未被普通消费者所感受到。Bilello 指出当前宏观经济形势中的一个显著矛盾，强调了华尔街与主街之间的 “日益分化”。</p>
</div><p>While the S&amp;P 500 celebrates its ninth all-time high of the year, consumer sentiment has simultaneously plunged to record lows.</p>
<div class="lb-trans"><p>尽管标准普尔 500 指数庆祝今年的第九个历史新高，消费者信心 却同时降至历史低点。</p>
</div><p>Consumers remain heavily burdened by expectations of sticky inflation and fears of rising unemployment. Interestingly, this negative sentiment contrasts with actual economic data; jobless claims remain near multi-year lows, and retail sales continue to climb.</p>
<div class="lb-trans"><p>消费者仍然受到 持续通胀 和失业上升的恐惧的沉重负担。有趣的是，这种负面情绪与实际经济数据形成对比；失业救济申请保持在多年低位，零售销售持续攀升。</p>
</div><p><strong>Read Also:</strong>
<strong>S&amp;P 500, Nasdaq Settle At Record High Levels: Investor Sentiment Edges Lower, But Fear Index Remains In 'Greed' Zone</strong></p>
<div class="lb-trans"><p><strong>另请阅读：</strong>
<strong>标准普尔 500、纳斯达克创下历史新高：投资者情绪略有下降，但恐惧指数仍处于 ‘贪婪’ 区间</strong></p>
</div><h2><strong>Embracing The Fear</strong></h2>
<div class="lb-trans"><h2><strong>拥抱恐惧</strong></h2>
</div><p>Bilello attributes much of the stock market’s recent success to long-term investors who eagerly bought in while others were fearful.</p>
<div class="lb-trans"><p>Bilello 将股市近期的成功归因于那些在他人恐惧时积极买入的长期投资者。</p>
</div><p>He emphasized that “panic selling is rarely rewarded, even in the short run.” By indiscriminately dumping assets during minor market corrections, emotional investors often miss out on lucrative snapback rallies.</p>
<div class="lb-trans"><p>他强调，“恐慌性抛售在短期内很少会得到回报。” 在小幅市场调整期间，情绪化的投资者往往会错过丰厚的反弹机会。</p>
</div><p>Ultimately, the data consistently show that embracing panic creates significant long-term opportunities for those willing to simply ignore the prevailing pessimism.</p>
<div class="lb-trans"><p>最终，数据始终表明，拥抱恐慌为那些愿意忽视当前悲观情绪的人创造了显著的长期机会。</p>
</div><p><strong>Read Also:</strong>
<strong>Dan Ives Predicts '80%, 90%' Chance Of SpaceX-Tesla Merger By Early 2027</strong></p>
<div class="lb-trans"><p><strong>另请阅读：</strong>
<strong>Dan Ives 预测到 2027 年初 SpaceX 与特斯拉合并的机会为 ‘80%、90%’</strong></p>
</div><p><strong><em>Disclaimer:</em></strong> <em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<div class="lb-trans"><p><strong><em>免责声明：</em></strong> <em>本内容部分由 AI 工具生成，并经过 Benzinga 编辑审核和发布。</em></p>
</div><p><em>Image: Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源: Shutterstock</em></p>
</div>

S&P 500's Historic 12.5% Monthly Rally Is One Of The Biggest In 76 Years—Why Main Street Sees A 'Growing Divide'

- 标普 500 指数在四周内上涨了 12.5%，创下自 1950 年以来的第 20 大涨幅。  
- 尽管股市回暖，消费者信心却下滑，显示华尔街与普通民众的 “日益分化”。  
- 投资者被鼓励在恐慌中买入，长期持有者往往能抓住反弹机会。

标普 500 指数创纪录的 12.5% 月度上涨是 76 年来最大涨幅之一——为什么普通大众感受到 ‘日益扩大的分歧’