{"id":31064,"date":"2023-12-07T10:18:31","date_gmt":"2023-12-07T10:18:31","guid":{"rendered":"https:\/\/masterskills.org\/blog\/hien-tuong-thien-nga-xam-grey-swan-trong-nen-kinh-te-la-gi.html"},"modified":"2023-12-07T10:18:31","modified_gmt":"2023-12-07T10:18:31","slug":"hien-tuong-thien-nga-xam-grey-swan-trong-nen-kinh-te-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/hien-tuong-thien-nga-xam-grey-swan-trong-nen-kinh-te-la-gi.html","title":{"rendered":"Hi\u1ec7n t\u01b0\u1ee3ng thi\u00ean nga x\u00e1m (Grey Swan) trong n\u1ec1n kinh t\u1ebf l\u00e0 g\u00ec?"},"content":{"rendered":"
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\"swan-financial\"<\/div>\n
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H\u00ecnh minh ho\u1ea1. Ngu\u1ed3n: benefitspro.com<\/i><\/p>\n<\/div>\n<\/div>\n

Thi\u00ean nga x\u00e1m<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Thi\u00ean nga x\u00e1m <\/b>trong ti\u1ebfng Anh l\u00e0 Grey Swan<\/b>.<\/p>\n

Thi\u00ean nga x\u00e1m <\/i>l\u00e0 m\u1ed9t thu\u1eadt ng\u1eef \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 m\u00f4 t\u1ea3 m\u1ed9t s\u1ef1 ki\u1ec7n kinh t\u1ebf r\u1ea5t quan tr\u1ecdng \u00edt c\u00f3 kh\u1ea3 n\u0103ng nh\u01b0ng v\u1eabn c\u00f3 th\u1ec3 x\u1ea3y ra. D\u00f9 c\u00f3 r\u1ea5t \u00edt kh\u1ea3 n\u0103ng c\u00f3 th\u1ec3 x\u1ea3y ra, hi\u1ec7n t\u01b0\u1ee3ng n\u00e0y n\u00ean \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o, \u0111\u1eb7c bi\u1ec7t b\u1edfi n\u00f3 c\u00f3 th\u1ec3 l\u00e0m rung chuy\u1ec3n n\u1ec1n kinh t\u1ebf v\u00e0 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n tr\u00ean to\u00e0n th\u1ebf gi\u1edbi.<\/p>\n

B\u1ea3n ch\u1ea5t c\u1ee7a thi\u00ean nga x\u00e1m<\/b><\/p>\n

Thi\u00ean nga x\u00e1m<\/i> kh\u00f4ng \u0111\u01b0\u1ee3c xem l\u00e0 c\u00e1c s\u1ef1 ki\u1ec7n c\u00f3 th\u1ec3 x\u1ea3y ra, ngh\u0129a l\u00e0 s\u1ef1 xu\u1ea5t hi\u1ec7n c\u1ee7a ch\u00fang \u0111\u01b0\u1ee3c bi\u1ebft tr\u01b0\u1edbc. Ch\u00fang c\u00f3 th\u1ec3 thay \u0111\u1ed5i \u0111\u00e1ng k\u1ec3 c\u00e1ch v\u1eadn h\u00e0nh c\u1ee7a th\u1ebf gi\u1edbi m\u1ed9t c\u00e1ch t\u00edch c\u1ef1c ho\u1eb7c ti\u00eau c\u1ef1c, \u0111\u00f3 l\u00e0 l\u00ed do t\u1ea1i sao ch\u00fang n\u00ean nh\u1eadn \u0111\u01b0\u1ee3c m\u1ed1i quan t\u00e2m nghi\u00eam t\u00fac.<\/p>\n

C\u00e1c v\u00ed d\u1ee5 v\u1ec1 thi\u00ean nga x\u00e1m<\/i> bao g\u1ed3m th\u1ea3m h\u1ecda thi\u00ean nhi\u00ean nh\u01b0 si\u00eau b\u00e3o Katrina, Anh b\u1ea5t ng\u1edd quy\u1ebft \u0111\u1ecbnh kh\u1ecfi Li\u00ean minh ch\u00e2u \u00c2u, hay c\u00f2n g\u1ecdi l\u00e0 Brexit, T\u1ed5ng th\u1ed1ng Donald Trump gi\u00e0nh chi\u1ebfn th\u1eafng trong cu\u1ed9c b\u1ea7u c\u1eed \u1edf M\u1ef9, ho\u1eb7c m\u1ed9t b\u01b0\u1edbc \u0111\u1ed9t ph\u00e1 v\u1ec1 c\u00f4ng ngh\u1ec7 mang t\u00ednh c\u00e1ch m\u1ea1ng nh\u01b0 internet.<\/p>\n

Kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o h\u1eadu qu\u1ea3 lo\u1ea1i s\u1ef1 ki\u1ec7n n\u00e0y c\u0169ng \u0111\u01b0\u1ee3c d\u1ef1 \u0111o\u00e1n m\u1ed9t c\u00e1ch d\u1ec5 d\u00e0ng. Tuy nhi\u00ean, nh\u1eefng ng\u01b0\u1eddi ch\u1ecbu \u1ea3nh h\u01b0\u1edfng c\u1ee7a ch\u00fang v\u1eabn n\u00ean l\u1eadp ra m\u1ed9t s\u1ed1 k\u1ebf ho\u1ea1ch v\u1ec1 \u0111\u1ec3 \u0111\u1ed1i ph\u00f3 v\u1edbi ch\u00fang, b\u1ea5t k\u1ec3 kh\u1ea3 n\u0103ng ch\u00fang x\u1ea3y ra th\u1ea5p \u0111\u1ebfn m\u1ee9c n\u00e0o.<\/p>\n

Hi\u1ec7n t\u01b0\u1ee3ng thi\u00ean nga x\u00e1m, thi\u00ean nga \u0111en v\u00e0 thi\u00ean nga tr\u1eafng<\/font><\/h2>\n

Thi\u00ean nga x\u00e1m<\/i> b\u1eaft ngu\u1ed3n t\u1eeb thu\u1eadt ng\u1eef thi\u00ean nga \u0111en, \u0111\u01b0\u1ee3c ph\u1ed5 bi\u1ebfn b\u1edfi gi\u00e1o s\u01b0 t\u00e0i ch\u00ednh, nh\u00e0 v\u0103n v\u00e0 c\u1ef1u th\u01b0\u01a1ng nh\u00e2n Ph\u1ed1 Wall Nassim Nicholas Taleb. Thi\u00ean nga \u0111en l\u00e0 m\u1ed9t s\u1ef1 ki\u1ec7n c\u1ef1c k\u00ec kh\u00f3 l\u01b0\u1eddng, v\u01b0\u1ee3t xa nh\u1eefng s\u1ef1 ki\u1ec7n th\u01b0\u1eddng \u0111\u01b0\u1ee3c d\u1ef1 ki\u1ebfn v\u00e0 g\u00e2y h\u1eadu qu\u1ea3 nghi\u00eam tr\u1ecdng.\u00a0<\/p>\n

Thi\u00ean nga \u0111en b\u1eaft \u0111\u1ea7u tr\u1edf th\u00e0nh c\u00e1ch n\u00f3i th\u00f4ng d\u1ee5ng \u0111\u1ec3 ch\u1ec9 c\u00e1c th\u1ea3m ho\u1ea1 kinh t\u1ebf. Tuy nhi\u00ean m\u1ed9t s\u1ed1 nh\u00e0 quan s\u00e1t nh\u1eadn th\u1ea5y r\u1eb1ng kh\u00f4ng ph\u1ea3i m\u1ecdi s\u1ef1 ki\u1ec7n l\u1edbn \u0111\u1ec1u qu\u00e1 b\u1ea5t ng\u1edd v\u00e0 r\u1ea5t \u00edt kh\u1ea3 n\u0103ng x\u1ea3y ra. Ng\u01b0\u1ee3c l\u1ea1i, ch\u00fang d\u1ec5 nh\u1eadn th\u1ea5y v\u00e0 d\u1ef1 \u0111o\u00e1n h\u01a1n.<\/p>\n

T\u1eeb \u0111\u00f3, c\u00e1c thu\u1eadt ng\u1eef thi\u00ean nga x\u00e1m<\/i> v\u00e0 thi\u00ean nga tr\u1eafng ra \u0111\u1eddi. Thi\u00ean nga x\u00e1m <\/i>\u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 m\u00f4 t\u1ea3 c\u00e1c s\u1ef1 ki\u1ec7n d\u1ec5 d\u1ef1 \u0111o\u00e1n h\u01a1n so v\u1edbi thi\u00ean nga \u0111en, trong khi thi\u00ean nga tr\u1eafng d\u00f9ng \u0111\u1ec3 ch\u1ec9 m\u1ed9t \u0111i\u1ec1u g\u00ec \u0111\u00f3 g\u1ea7n nh\u01b0 ch\u1eafc ch\u1eafn s\u1ebd x\u1ea3y ra.<\/p>\n

Thi\u00ean nga \u0111en, x\u00e1m v\u00e0 tr\u1eafng c\u0169ng kh\u00e1c nhau v\u1ec1 t\u00e1c \u0111\u1ed9ng m\u00e0 ch\u00fang g\u00e2y ra. Thi\u00ean nga tr\u1eafng \u0111\u01b0\u1ee3c \u0111\u01b0\u1ee3c cho l\u00e0 \u00edt c\u00f3 \u00fd ngh\u0129a, ch\u1ec9 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn cu\u1ed9c s\u1ed1ng c\u1ee7a m\u1ed9t ho\u1eb7c m\u1ed9t nh\u00f3m ng\u01b0\u1eddi ch\u1ee9 kh\u00f4ng ph\u1ea3i to\u00e0n b\u1ed9 th\u1ebf gi\u1edbi.\u00a0<\/p>\n

Thi\u00ean nga x\u00e1m<\/i>, v\u00e0 \u0111\u1eb7c bi\u1ec7t l\u00e0 thi\u00ean nga \u0111en \u0111\u01b0\u1ee3c xem l\u00e0 g\u00e2y ra c\u00e1c s\u1ef1 ki\u1ec7n c\u00f3 kh\u1ea3 n\u0103ng t\u1ea1o \u1ea3nh h\u01b0\u1edfng nghi\u00eam tr\u1ecdng v\u1edbi nhi\u1ec1u ng\u01b0\u1eddi. S\u1ef1 kh\u00e1c bi\u1ec7t ch\u00ednh gi\u1eefa hai lo\u1ea1i l\u00e0 thi\u00ean nga x\u00e1m<\/i> \u0111\u01b0\u1ee3c bi\u1ebft tr\u01b0\u1edbc, c\u00f2n thi\u00ean nga \u0111en xu\u1ea5t hi\u1ec7n ho\u00e0n to\u00e0n b\u1ea5t ng\u1edd.<\/p>\n

V\u00ed d\u1ee5 v\u1ec1 thi\u00ean nga x\u00e1m<\/font><\/h2>\n

C\u00e1c s\u1ef1 ki\u1ec7n t\u1eeb bi\u1ebfn \u0111\u1ed5i kh\u00ed h\u1eadu, gia t\u0103ng d\u00e2n s\u1ed1 v\u00e0 n\u1ee3 c\u00f4ng \u0111\u1ec1u \u0111\u01b0\u1ee3c ph\u00e2n lo\u1ea1i l\u00e0 thi\u00ean nga x\u00e1m<\/b>. Ch\u00fang ta nh\u1eadn th\u1ee9c \u0111\u01b0\u1ee3c s\u1ef1 t\u1ed3n t\u1ea1i c\u1ee7a ch\u00fang, nh\u01b0ng c\u00f3 th\u1ec3 \u0111\u00e3 xem nh\u1eb9 ch\u00fang, ngay c\u1ea3 khi m\u1ed7i s\u1ef1 ki\u1ec7n tr\u00ean \u0111\u1ec1u c\u00f3 th\u1ec3 g\u00e2y ra h\u1eadu qu\u1ea3 nghi\u00eam tr\u1ecdng tr\u00ean di\u1ec7n r\u1ed9ng, v\u00ed d\u1ee5 nh\u01b0 m\u1ed9t tr\u1eadn \u0111\u1ed9ng \u0111\u1ea5t ho\u1eb7c m\u1ed9t cu\u1ed9c \u0110\u1ea1i kh\u1ee7ng ho\u1ea3ng kh\u00e1c.<\/p>\n

(Theo\u00a0investopedia.com)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Thi\u00ean nga x\u00e1m (ti\u1ebfng Anh: Grey Swan) l\u00e0 s\u1ef1 ki\u1ec7n c\u00f3 th\u1ec3 x\u1ea3y ra v\u00e0 \u0111\u01b0\u1ee3c bi\u1ebft tr\u01b0\u1edbc, c\u00f3 th\u1ec3 g\u00e2y ra t\u00e1c \u0111\u1ed9ng r\u1ea5t l\u1edbn, nh\u01b0ng \u0111\u01b0\u1ee3c coi l\u00e0 \u00edt c\u00f3 kh\u1ea3 n\u0103ng x\u1ea3y ra.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31064"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31064"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31064\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}