伴随市场对利率上行预期被充分计入，自 4 月开始，分子端 EPS 开始取代分母端利率成为左右美股科技股走势的核心变量，同时俄乌冲突、持续高通胀等，叠加美联储抑制通胀的坚定决心，亦使得市场对短期的宏观预期从未像当前这般混乱、充满分歧，并带来市场近期的持续高波动。我们判断，在通胀等宏观数据出现实质性改善或可循信号之前，美股市场波动料仍将延续，但不宜对短期下跌过度悲观，亦不应对短期反弹过度乐观。

中国个人养老金发展前景广阔，具备巨大的扩容潜力。我国人口老龄化严重，但居民家庭资产不均衡，养老储备不足，具有“未富先老”的特点。为了应对人口老龄化危机带来的挑战，我国积极探索并初步建立起符合国情的三支柱养老金模式，目前三支柱筹集资产总量较低、体系不均衡，呈现出“第一支柱独大，第二、三支柱发展缓慢”的格局，加快第三支柱建设承载着弥补我国养老金缺口和助力资本市场发展的双重使命。

地方政府的两级金融资源：属地银行与展业银行。前者主要指当地的城农商行，后者为在当地展业的全部银行。就支持力度而言，由于历史渊源或展业范围等因素，地方政府对于属地银行的协调能力相对较强，在面对信用违约风险时，该类银行往往能够发挥更好的作用，而其他类型银行的实际支持效果则主要取决于政府对其的协调能力。

Big data describes a large volume of data that is used to reveal patterns, trends, and associations, especially related to human behavior and interactions. For the retail industry, big data is used for a greater understanding of consumer shopping habits and how to attract new customers. Big data analytics in retail enables companies to create customer recommendations based on their purchase history, resulting in personalized shopping experiences. These big data analytics solutions also help in forecasting trends and making strategic decisions based on market analysis. This report features information on big data analytics in retail and services offered by key vendors. Furthermore, it highlights strategies adopted by key market players to improve their market share and sustain competition.

Banking and financial services outsourcing refers to the use of third party vendors to deliver services or perform tasks, which is normally undertaken by financial institutions. The objective behind its adoption among banks and financial institutions is to make it easier for them to dedicate their time and resources to core business and operations. Banking business process outsourcing (BPO) is a strategic tool that supports banks for its business growth and account servicing functions. The third party financial services provider may be offshore on onshore. The report focuses on the growth prospects, restraints, and trends of the global BFSI BPO services market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global BFSI BPO services market.

Bike sharing is referred to a bike rental service for short to medium distance commuting for a price or free. It is available at on-street docked or dock-less stations, which allow commuter to borrow a bike and return it at another same station. Most large-scale urban bike sharing programs have numerous bike check-out stations, and operate much like public transit systems, catering to tourists and visitors as well as local residents. Bike sharing systems have also been cited as a way to solve the last mile problem of public transit networks. These services are an innovative solution to the urban mobility challenges and are an effective way of promoting urban cycling and contributing to a more sustainable and environmentally friendly mobility.