《財(cái)富》2019全球大預(yù)言
2018年,,在大多時(shí)候,,人們都會(huì)覺(jué)得無(wú)法預(yù)測(cè)隨后24小時(shí)的情況,更不用說(shuō)一整年,。某幾天的新聞夠看上一個(gè)星期,;商業(yè)和政治領(lǐng)域在某幾個(gè)月出現(xiàn)的變化比過(guò)去幾年都大。別以為2019年的情況會(huì)有什么不同,。但大家一定要知道,,雖然世界正在發(fā)生巨變,但以往的一些經(jīng)驗(yàn)仍然可靠,,屏蔽掉噪音就行,。在此,《財(cái)富》雜志內(nèi)部專(zhuān)家將為大家介紹明年可能出現(xiàn)的最重要的顛覆,、創(chuàng)新和機(jī)遇,。 |
For much of 2018, Predicting the events of the next 24 hours—never mind a full 365 days—has felt impossible. Some days have contained a week’s worth of headlines; some months have contained more changes to the worlds of business and politics than an entire calendar of years past. Don’t expect 2019 to be any different. But do understand that while the world is changing in fundamental ways, some old lessons still hold true. Just tune out the noise. Here, Fortune’s in-house experts guide you through the biggest disruptions, innovations, and opportunities that are likely to present themselves next year. |
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1.(勉強(qiáng))交易的藝術(shù) 隨著經(jīng)濟(jì)災(zāi)難的真實(shí)風(fēng)險(xiǎn)讓人們變得清醒起來(lái),過(guò)去兩年出現(xiàn)的許多全球性危機(jī)都將在一定程度上被實(shí)用主義化解,。 |
1. The Art of the (Reluctant) Deal Many of the global crises that emerged in the past two years will be partially solved by pragmatism, as the real risk of economic catastrophe serves as a wake-up call. |

美國(guó)國(guó)會(huì)重新開(kāi)始運(yùn)轉(zhuǎn) 擺脫了共和黨自由黨團(tuán)的干擾后,,眾議院開(kāi)始就一些早該處理而且有普遍基礎(chǔ)的法案進(jìn)行投票。參議院多數(shù)黨領(lǐng)袖米奇·麥康奈爾這兩年一直忙于把保守派法官塞進(jìn)聯(lián)邦法院,,隨后他將和眾議院議長(zhǎng)南茜·佩洛希一起處理開(kāi)支,、農(nóng)業(yè)和移民改革事務(wù)以及特朗普總統(tǒng)期待已久的基礎(chǔ)設(shè)施法案,。預(yù)計(jì)佩洛希將在美墨邊境“建墻”問(wèn)題上做出表面上的讓步,以便相關(guān)法案順利通過(guò),。 英國(guó)脫歐變得更加混亂 盡管談判了兩年,,3月份英國(guó)脫歐最終期限到來(lái)時(shí)雙方將無(wú)法達(dá)成全面協(xié)議。在邊緣政策博弈中,,由于可能影響全球金融市場(chǎng)穩(wěn)定,,雙方將退而求其次,敲定一份只涵蓋最基本問(wèn)題的干巴巴的協(xié)議,,包括英國(guó)和北愛(ài)爾蘭的邊界問(wèn)題以及在英國(guó)居住的歐盟公民的工作權(quán)。雖然遭到本黨極右翼人士的反對(duì),,但特蕾莎·梅將在工黨幫助下贏得議會(huì)投票,。所有的二次公投期望都會(huì)破滅。 沙特王儲(chǔ)度過(guò)危機(jī) 由于記者賈邁勒·卡舒吉被害而面臨國(guó)際壓力的沙特王儲(chǔ)穆罕默德·本·薩勒曼將被他的父親,,薩勒曼國(guó)王“剪掉翅膀”,,但會(huì)保住王儲(chǔ)之位。他的職責(zé)會(huì)被削減,,失去外交和國(guó)防事務(wù)主導(dǎo)權(quán),,直到卡舒吉事件淡出人們的視線(xiàn)。相應(yīng)的,,這位王儲(chǔ)的工作重點(diǎn)將轉(zhuǎn)向國(guó)內(nèi)政策和經(jīng)濟(jì),。 奧巴馬醫(yī)改帶來(lái)利潤(rùn) 盡管共和黨廢除了全民參保條款,但在奧巴馬醫(yī)改的最后一年,,有近1200萬(wàn)美國(guó)人參加了個(gè)人醫(yī)保,。撇開(kāi)政治紛爭(zhēng)不談,Centene等保險(xiǎn)公司在整個(gè)市場(chǎng)穩(wěn)定后借此項(xiàng)法案賺了大錢(qián),。2019年Centene將在20個(gè)州推出平價(jià)醫(yī)療保險(xiǎn),;保險(xiǎn)巨頭信諾將擴(kuò)大奧巴馬醫(yī)改業(yè)務(wù)的覆蓋范圍;Oscar Health等比較年輕的公司在此項(xiàng)業(yè)務(wù)上的投入將增長(zhǎng)一倍,,因?yàn)樗鼈冃岬搅顺掷m(xù)盈利的機(jī)會(huì),。 長(zhǎng)期主義 2019年最熱門(mén)的資產(chǎn)將是可持續(xù)投資類(lèi)資產(chǎn)。在貝萊德公司CEO拉里·芬克和注重目標(biāo)的億萬(wàn)富翁們帶領(lǐng)下,,社會(huì)責(zé)任型公司和秉承長(zhǎng)期主義的金融系統(tǒng)的發(fā)展勢(shì)頭將不斷加快,。其結(jié)果是到明年底,專(zhuān)業(yè)人士管理的資產(chǎn)中將有40%投入到和環(huán)境,、社會(huì)以及公司治理(ESG)有關(guān)的領(lǐng)域,,高于2018年年初的26%. 羅馬求上門(mén) 全球經(jīng)濟(jì)剛剛開(kāi)始滑坡,意大利就出現(xiàn)了2.3萬(wàn)億歐元債務(wù)以及債務(wù)失控后的螺旋上升趨勢(shì),。對(duì)歐元集團(tuán)來(lái)說(shuō),,意大利經(jīng)濟(jì)體系的衰敗甚至比希臘的還難以置信,。歐元集團(tuán)將同意在意大利重組債務(wù)后提供援助。 貿(mào)易戰(zhàn)局勢(shì)先惡化后好轉(zhuǎn) 中美貿(mào)易摩擦繼續(xù)升級(jí),,造成2019年美國(guó)GDP增速降至2.75%,。遭受重創(chuàng)的小企業(yè)和農(nóng)民以及即將到來(lái)的2020年美國(guó)大選讓雙方坐到了談判桌前并相互妥協(xié)。特朗普將把解決自己制造出來(lái)的問(wèn)題稱(chēng)作政治勝利,。 機(jī)遇之地 機(jī)遇地帶投資被稱(chēng)為“有史以來(lái)最不可思議的減稅措施”,,它允許富有的個(gè)人或投資公司將資金投入8700個(gè)欠缺服務(wù)的社區(qū),也就是“機(jī)遇地帶”,,從而爭(zhēng)取免稅待遇,。2019年最有投資吸引力的城市包括底特律、洛杉磯和亞特蘭大,。預(yù)計(jì)今后幾年這些地區(qū)的房?jī)r(jià)將上漲,,并將出現(xiàn)新的就業(yè)機(jī)會(huì)和新公司。 |
Congress Starts Legislating Again A House freed from the demands of the Freedom Caucus starts voting on some long-overdue common-ground legislation. Senate Majority Leader Mitch McConnell—who for the past two years has focused his efforts on packing federal courts with conservative judges—works with House Speaker Nancy Pelosi on spending, a farm bill, immigration reform, and an infrastructure bill that President Trump has long wanted to see on his desk. Expect a nominal concession from Pelosi on building “the wall” on the Mexican border to grease the wheels. Brexit Gets Messier Despite two years of negotiations, March’s Brexit deadline will approach with no comprehensive deal in sight. In a game of brinkmanship, with the stability of global financial markets at stake, both sides concede to a bare-bones deal that will cover only the most basic issues at stake, such as the border with Northern Ireland and the right to work for EU nationals living in the U.K. Despite a revolt from the right-most fringes of her party, Theresa May will win a parliamentary vote with help from the Labour Party. Any hopes for a second referendum are dashed. MBS Rides It Out Saudi Arabia’s Crown Prince Mohammed bin Salman—facing international pressure over the killing of journalist Jamal Khashoggi—will have his wings clipped by his father, King Salman, but will retain his position in the line of succession. His portfolio will be cut—he’ll have to take a back seat on foreign relations and defense until the Khashoggi heat dies down—and he’ll instead focus on domestic policy and economic matters. Obamacare Plans Turn a Profit Nearly 12 million Americans signed up for individual health plans through Obamacare last year, despite the GOP’s repeal of its requirement that everyone carry insurance. Insurers like Centene have been making big money off the health law as the overall market stabilizes, political bedlam aside. The company is offering ACA coverage in 20 states in 2019; insurance giant Cigna is expanding its Obamacare footprint; and newer firms like Oscar Health are doubling down on coverage offerings as they smell continued profit opportunity in the air. Long-termism The hottest assets in 2019 will be sustainably invested ones. The charge, led by Black-Rock’s Larry Fink and purpose-minded millennials, for socially responsible companies and a financial system imbued with long-termism will continue to pick up speed. The result will be 40% of professionally managed assets being invested with consideration of ESG (environmental, social, and governance) factors by the end of next year, up from 26% at the start of 2018. Rome Comes Begging 2.3 trillion euros and rising—spirals out of control at the first whiff of a global downturn. The fall of the Italian economic system is even more unthinkable to the Eurogroup than Greece’s, and it agrees to a bailout package after Italy restructures its debt. Trade War Gets Worse, Then Gets Better Trade tensions between China and the U.S. continue to escalate, slowing U.S. GDP growth to 2.75% for the year. Hard-hit small businesses and farmers and the looming 2020 U.S. presidential election bring the two sides to the negotiating table, and a compromise is struck. Trump will claim a political victory in solving a problem of his own creation. Land of Opportunity Opportunity Zone investing—called “the most unbelievable tax break ever”—allows wealthy individuals or investment firms to park their money in any of the 8,700 underserved communities designated as “opportunity zones” for a chance to erase tax obligations. The most alluring cities for investment in 2019 will include Detroit, Los Angeles, and Atlanta. Look to these areas for higher home prices, job creation, and business launches in the next several years. |
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特朗普的女性對(duì)手 |
Women Take on Trump |

女性浪潮仍將繼續(xù)涌動(dòng),,爭(zhēng)奪總統(tǒng)候選人位置的女性民主黨人士將超過(guò)男性,。預(yù)計(jì)參與爭(zhēng)奪的有參議員卡瑪拉·哈里斯、伊麗莎白·沃倫和克里斯汀·吉利布蘭德,,以及來(lái)自夏威夷的眾議員圖爾西·賈巴德,。前代理司法部長(zhǎng)薩利·耶茨也可能加入其中,奧普拉·溫弗瑞則將退出,。 |
The Women’s Wave will continue, and more women than men will run for the Democratic nomination for President. Expect Senators Kamala Harris, Elizabeth Warren, and Kirsten Gillibrand to be in the mix, as well as Hawaii Rep. Tulsi Gabbard. An outside run from former Acting Attorney General Sally Yates is in the offing, but Oprah Winfrey will decline. |
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每桶80美元 2019年年底油價(jià):經(jīng)濟(jì)增速可能放慢,,但仍足以推動(dòng)油價(jià)升至高于當(dāng)前價(jià)格的水平。美國(guó)許多頁(yè)巖油公司都會(huì)松一口氣,,因?yàn)樗麄兊氖罩胶獬杀究赡芨哌_(dá)每桶60美元,。 2750點(diǎn) 2019年底標(biāo)普500指數(shù)點(diǎn)位:貿(mào)易摩擦和通脹擔(dān)憂(yōu)將引發(fā)多次恐慌性離場(chǎng),隨后市場(chǎng)將反彈,,最終美股指數(shù)將略低于目前的水平,。 3% 美國(guó)聯(lián)邦基金利率:就算經(jīng)濟(jì)增速放慢,美聯(lián)儲(chǔ)仍將在今后12個(gè)月內(nèi)加息三次,,從而使基準(zhǔn)利率達(dá)到2008年年初時(shí)的水平,。 |
$80 Price of a barrel of oil at the end of 2019:Economic growth may slow, but it will be strong enough to push oil prices higher than current levels. That will be a relief for many U.S. shale producers, whose break-even costs can be as high as $60 a barrel. 2,750 S&P 500 at the end of 2019: Trade tensions and fears of inflation will prompt multiple freak-outs, ?followed by rallies that leave U.S. stock indexes slightly lower than they stand today. 3% Federal funds rate: Even as economic growth cools, the Federal Reserve will raise its benchmark interest rate three times in the next 12 months, to a level last seen in early 2008. |

? 1.5% 美國(guó)房?jī)r(jià)增幅: 過(guò)去10年,有房一族在很長(zhǎng)一段時(shí)間里都習(xí)慣于每年5%-7%的房產(chǎn)升值速度,。但我們預(yù)計(jì)2019年房?jī)r(jià)漲幅將比沙錢(qián)還要平,,這要?dú)w咎于抵押貸款成本和房?jī)r(jià)承受能力。 |
1.5% Growth in U.S. home prices: Homeowners got accustomed to appreciation of 5% to 7% a year for much of this decade. But look for average prices to get flatter than a sand dollar in 2019. The culprits: mortgage costs and affordability. |
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2. 豆豆城風(fēng)光無(wú)限,,蘋(píng)果拿下艾美獎(jiǎng) 2019年我們將關(guān)注的人和事,。 |
2. Beantown Booms, and Apple Wins an Emmy Who and what we’ll be watching in 2019. |

波士頓挺進(jìn)決賽 星光四溢的波士頓競(jìng)技隊(duì)伍將分別進(jìn)入美國(guó)職業(yè)橄欖球大聯(lián)盟(NFL)、美國(guó)男子職業(yè)籃球聯(lián)賽(NBA)和美國(guó)職業(yè)棒球大聯(lián)盟(MLB)決賽。新英格蘭愛(ài)國(guó)者隊(duì)將在第53屆超級(jí)碗上遭遇明尼蘇達(dá)維京人(去年我們也是這么預(yù)測(cè)的,,但今年我們很有信心),。狀態(tài)火熱的紅襪隊(duì)將把他們?cè)谑澜绱筚悾碝LB總冠軍賽)上的連勝勢(shì)頭延續(xù)到下個(gè)賽季,這要?dú)w功于他們的一批年輕天才球員,。他們將面對(duì)國(guó)家聯(lián)盟黑馬米爾沃基釀酒人隊(duì),。勒布朗·詹姆斯離開(kāi)東區(qū)后,波士頓凱爾特人隊(duì)終于打開(kāi)了通往NAB總決賽的通道,,但他們還得面對(duì)史上最為強(qiáng)大的金州勇士隊(duì),。 流媒體戰(zhàn)爭(zhēng)新前線(xiàn) 現(xiàn)在已經(jīng)是電視的黃金時(shí)代。接下來(lái)會(huì)是什么,?白金時(shí)代嗎,?2019年,電視迷終于可以享受蘋(píng)果公司帶來(lái)的新福利了,,作為iPhone的制造商,,蘋(píng)果資金充裕的視頻業(yè)務(wù)已經(jīng)上線(xiàn)(最新傳聞是對(duì)蘋(píng)果設(shè)備用戶(hù)免費(fèi))。這個(gè)消息的爆炸性不如蘋(píng)果在內(nèi)容領(lǐng)域的上一次嘗試,,也就是“App之戰(zhàn)”,前提是沒(méi)有瑞茜·威瑟斯彭,、史蒂文·斯皮爾伯格,、達(dá)米恩·查澤雷等一眾好萊塢天才參與的話(huà)。但我們認(rèn)為不會(huì)出現(xiàn)和《權(quán)力的游戲》同等水平的大作,。喬布斯打造的這家公司將嚴(yán)守PG-13級(jí)(即13歲以下慎看)紅線(xiàn),。 電競(jìng)賽事登陸黃金時(shí)段,但不會(huì)超過(guò)板球 2018年的英雄聯(lián)盟季中冠軍賽觀看人數(shù)達(dá)到創(chuàng)紀(jì)錄的6000萬(wàn)人次,。2019年,,預(yù)計(jì)英雄聯(lián)盟全球總決賽將吸引逾1億觀眾。足球方面,,美國(guó)女足的人氣和成績(jī)將讓女足世界杯全球觀賽人數(shù)突破8億,。但和板球世界杯相比,這兩個(gè)數(shù)字都是小巫見(jiàn)大巫,。雖然不是美國(guó)的熱門(mén)項(xiàng)目,,但明年的板球世界杯觀看人數(shù)仍將高達(dá)20億。 |
Boston in the Finals The stars will align for Boston as its NFL, NBA, and MLB teams each make their respective finals. The New England Patriots will meet the Vikings in Super Bowl LIII. (We made the same prediction last year, but we’re sure of it this time.) The red-hot Red Sox will carry their World Series–winning ways into next season, thanks to their talented young roster. They’ll face the Milwaukee Brewers who are the surprise package of the National League. With LeBron James out of the East, the Boston Celtics finally have a route to the NBA Finals, but they’ll have to face a Golden State Warriors team who are stronger than they’ve ever been. A New Front in the Streaming Wars We’re already in the Golden Age of Television. What comes next? The Platinum Age? In 2019, TV lovers will finally get the added benefit of Apple’s beneficence, as the iPhone maker’s well-funded video service arrives (for free to Apple device owners, according to the latest rumors). And this won’t bomb like Apple’s last attempt at content, “Battle of the Apps.” Not with Reese Witherspoon, Steven Spielberg, Damien Chazelle, and a bevy of other Hollywood talent on board. But don’t expect any Game of Thrones–level gore. It’s strictly PG-13 fare at the House that Jobs built. E-sport Viewership Goes Prime Time But Won’t Beat Out Cricket A record-breaking 60 million people watched the League of Legends Mid-Season Invitational finals match this year. In 2019, expect the League of Legends World Championship to garner over 100 million viewers. In soccer, the popularity and success of the U.S. women’s national team will push global Women’s World Cup viewership over 800 million. But both will pale in comparison to the Cricket World Cup, which, while not a big draw in the States, will see a massive 2 billion viewers next year. |
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新星 |
Rising Stars |

哈?!っ鞴?/strong> 喜劇演員 Netflix制作的《哈?!っ鞴埽簮?ài)國(guó)者有話(huà)說(shuō)》節(jié)目共32集,2018年10月首次播出,,將在2019年延續(xù)很長(zhǎng)時(shí)間,。 |
Hasan Minahj Comedian Netflix made a 32-?episode order for Daily Show–alum Minhaj’s Patriot Act, which debuted Oct. 28 and will run well into 2019. |

Lizzo 歌手 我們將聽(tīng)到Lizzo的首張專(zhuān)輯,她會(huì)通過(guò)音樂(lè)和社交媒體來(lái)倡導(dǎo)多樣性以及電臀舞。 |
Lizzo Musician We’ll be listening to the debut album from Lizzo, who celebrates diversity—and twerking—through her music and social media. |

梅納·馬蘇德 演員 這位加拿大演員一直很低調(diào),。但在2019年,,隨著迪士尼制作的真人版《阿拉丁》的上映,他將名聲大振,。 |
Mena Massoud Actor This Canadian actor has been flying under the radar, but in 2019, he will be everywhere as Aladdin in Disney’s live-action remake. |

馬洛里·皮尤 足球運(yùn)動(dòng)員 在2019年的女足世界杯上,,大家可以關(guān)注一下20歲的皮尤,她在美國(guó)隊(duì)司職前鋒,,捕捉戰(zhàn)機(jī)的感覺(jué)極佳,。 |
Mallory Pugh Soccer Player Keep an eye out for 20-year-old goal-?scoring sensation Pugh on the front line of the U.S. team in 2019’s Women’s World Cup. |
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3. 科技界的新一年 亞馬遜在另一個(gè)新行業(yè)中取得成功,埃隆·馬斯克兌現(xiàn)諾言,,唯獨(dú)第一批5G手機(jī)令人失望,。 |
3. The Year Ahead in Tech Amazon succeeds in yet another industry, Elon Musk delivers on a promise, while the first wave of 5G phones disappoint. |

5G手機(jī)未能引燃熱情 它們會(huì)有溫暖的手感,而且能在幾秒鐘內(nèi)下載最新的蜘蛛俠電影,。但真的有人想用2019年出現(xiàn)的新式5G手機(jī)嗎,?就像前幾代無(wú)線(xiàn)技術(shù)剛剛出現(xiàn)時(shí)一樣,最先運(yùn)用5G技術(shù)的公司將受到電池壽命短和信號(hào)差的困擾,。大家最好等一等,。據(jù)說(shuō)首部5G的iPhone手機(jī)將在2020年年底問(wèn)世。 特斯拉交付售價(jià)3.5萬(wàn)美元的轎車(chē) Model 3以廉價(jià)版特斯拉轎車(chē)的姿態(tài)出現(xiàn)——埃隆·馬斯克宣稱(chēng)某款Model 3的售價(jià)最終將為3.5萬(wàn)美元(包括退稅),。但高端Model 3層出不窮的制造問(wèn)題推遲了后驅(qū)基本款的上市時(shí)間,。生產(chǎn)問(wèn)題不會(huì)在一夜間消失,但將在2019年得到緩解,,首批定價(jià)約3.5萬(wàn)美元的Model 3也將交到那些幸運(yùn)買(mǎi)家的手中,。 亞馬遜挑戰(zhàn)谷歌和Facebook 全球兩大廣告公司Facebook和谷歌將迎來(lái)亞馬遜這個(gè)強(qiáng)有力的對(duì)手——研究機(jī)構(gòu)eMarketer指出,亞馬遜的在線(xiàn)廣告平臺(tái)正在“飛速增長(zhǎng)”,。目前亞馬遜占美國(guó)在線(xiàn)廣告市場(chǎng)的4.2%(Facebook和谷歌的市場(chǎng)份額之和為58%),,但到2019年年底,這個(gè)數(shù)字預(yù)計(jì)將翻番,。 人們開(kāi)始關(guān)心個(gè)人數(shù)據(jù) 沒(méi)錯(cuò),,公司、竊賊和間諜都隱藏在大家的數(shù)據(jù)中,。但你可以就此采取行動(dòng),。2019年,消費(fèi)者將開(kāi)始用腳投票,。不光是隱私高手,,普通人也將使用廣告屏蔽工具、VPN,、計(jì)算機(jī)攝像頭鎖閉工具,、加密和密碼管理器。購(gòu)買(mǎi)新玩具時(shí),你會(huì)突然問(wèn)道:怎么有人在利用,,或者濫用我的數(shù)據(jù),? |
5G Phones Fail to Ignite They’ll be warm to the touch and download the latest Spider-Man movie in seconds. But will anybody actually want one of the new 5G-capable smartphones arriving in 2019? As with the debut of previous-generation wireless technology, early 5G adopters will be punished with short battery life and iffy reception. Better to wait it out. The first 5G iPhone is rumored for late 2020. Tesla Delivers a $35,000 Car The Model 3 was introduced as the so-called cheap Tesla with Elon Musk claiming a version would eventually be available for $35,000 (after tax credits). But persistent manufacturing problems blighting the upper-level Model 3 have delayed the rollout of the base rear-wheel-drive edition. Those production issues won’t disappear overnight, but they will be mitigated in 2019, and the first Teslas priced around $35,000 will be delivered to a lucky few customers. Amazon Comes For Google And Facebook The world’s biggest advertising companies, Facebook and Google, face a worthy adversary in Amazon whose online advertisement platform is undergoing a “meteoric rise,” according to research firm eMarketer. Amazon now represents 4.2% of the U.S. online advertising market (compared with 58% combined for Facebook and Google), but expect that to double by the end of the year. People Start Caring About Their Data Corporations, thieves, and spies are aslosh in your data, yes. But there is something you can do about it. 2019 is the year consumers begin to vote with their feet. Regular folks—not just privacy nuts—will adopt ad blockers, VPNs, computer webcam shutters, encryption, and password managers. Suddenly, when purchasing a new toy, you will ask: How am I being digitally used—or abused? |
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叫車(chē)服務(wù)領(lǐng)跑者上市 |
The Ride-hailing Front-runner Go Public |

Uber和Lyft的IPO備受期待,兩家公司也為此你爭(zhēng)我?jiàn)Z,,它們得努力工作,,才能爭(zhēng)取到購(gòu)買(mǎi)其股票的投資者。兩公司均尚未盈利——實(shí)際上,,它們已經(jīng)虧損好幾年了,。我們預(yù)計(jì)二者上市的情況不同——投資者對(duì)Uber的IPO將不太感冒,因?yàn)楣蓛r(jià)高而且Uber經(jīng)常引發(fā)爭(zhēng)議,。同時(shí),,他們將把Lyft視為有吸引力的標(biāo)的,原因是該公司正從比自己大得多的對(duì)手,,也就是Uber的手中穩(wěn)步奪取市場(chǎng)份額,,同時(shí)擁有從較低基數(shù)起步并迅速在整個(gè)美國(guó)快速擴(kuò)張的潛力。 |
As Uber and Lyft race to much-anticipated IPOs, they’ll have to work hard to sufficiently woo investors to own a piece of their business. Neither company has turned a profit—indeed, both have been losing money for years. But expect divergent outcomes: Investors will greet Uber’s IPO with a shrug owing to its high price and the company’s penchant for controversy. Meanwhile, Lyft will be viewed as an attractive proposition because of its steady gain of market share from its much-larger rival as well as its potential for rapid growth across the country from a smaller base. |
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脫離固網(wǎng)的現(xiàn)象正從有線(xiàn)電視延伸到有線(xiàn)網(wǎng)絡(luò),。完全依靠移動(dòng)互聯(lián)網(wǎng)的人群所占的比重已從2013年的8%升至20%,,固網(wǎng)用戶(hù)占比則從70%降至65%。隨著無(wú)線(xiàn)網(wǎng)絡(luò)繼續(xù)提速,,家庭固網(wǎng)在人們眼中可能很快就會(huì)變得和座機(jī)一樣過(guò)時(shí),。 |
Cord cutting is spreading beyond cable TV to wired Internet connections. The percentage of people relying solely on cellular Internet has risen to 20% from 8% in 2013 while the percentage with a wired Internet connection dropped to 65% from 70%. With faster wireless on the way, that home Internet line may soon seem as outdated as a pay phone. |

4. 新橙則靈 放在Instagram上夠顯眼而且口味復(fù)雜,橙色葡萄酒將在2019年贏得飲酒者的青睞,。 近幾年桃紅葡萄酒一直是葡萄酒界最熱門(mén)(只是已經(jīng)降溫)的趨勢(shì)。它還沒(méi)有出現(xiàn)失勢(shì)跡象,,因?yàn)榇蠖鄶?shù)預(yù)測(cè)都認(rèn)為今后四年桃紅葡萄酒的增長(zhǎng)率將在1.5%到2%之間,。即便如此,大家也都在尋找下一款桃紅葡萄酒,。我們預(yù)計(jì)2019年富含單寧的橙色葡萄酒將開(kāi)始流行起來(lái),。這種葡萄酒并非桔子釀制,它的名字有點(diǎn)兒誤導(dǎo)性,,其釀造原料是發(fā)酵時(shí)破皮較晚的白葡萄,。由于受到侍酒師和品酒行家的喜愛(ài),橙色葡萄酒不斷登陸美國(guó)各大城市的葡萄酒名錄,。 |
4. Orange is the New Rosé Eminently Instagrammable and complex in taste, orange wines will win over drinkers in 2019. Rosé has been the hottest (albeit chilled) wine trend over the past few years, with no sign of cooling off as most estimates predict pink wine to grow between 1.5% and 2% over the next four years. Even so, everyone is looking for the next rosé. In 2019, expect to be uncorking a bottle of tannin-rich orange wine. No, it’s not made from oranges. A bit of a misnomer, orange wines are made from white varietal grapes that keep their skins on longer during fermentation. They’ve been popping up on wine lists in major cities nationwide as they become favorites with sommeliers and oenophiles alike. |
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并購(gòu) 2007年開(kāi)業(yè)以來(lái),,快餐休閑食品連鎖店Sweetgreen一直很風(fēng)光,目前已經(jīng)開(kāi)店75家,,同時(shí)獲得了近3.29億美元風(fēng)投資金,。隨著上市傳聞的出現(xiàn),這家公司可能還有一條繼續(xù)擴(kuò)張的渠道,那就是讓一個(gè)規(guī)模遠(yuǎn)超自己的品牌實(shí)施善意收購(gòu),??紤]一下Chipotle吧。兩家連鎖機(jī)構(gòu)都為自己采購(gòu)當(dāng)?shù)嘏腼冊(cè)隙械阶院?,而且都在迅速進(jìn)行全國(guó)性擴(kuò)張,,并推出據(jù)稱(chēng)健康的快餐。墨西哥菜連鎖Chipotle幾年前曾因不斷出現(xiàn)食品安全事故而陷入困境,。雙方合并可以讓Chipotle改頭換面(并擁有新的收入來(lái)源),,同時(shí)讓Sweetgreen拿到成為沙拉界星巴克所需的資金。 |
Mergers Sweetgreen has been on a tear since launching in 2007, with 75 locations and nearly $329 million in VC money raised to date. With murmurs of an IPO on the horizon, there could be another path to wider expansion: a friendly acquisition by a much larger brand. Consider Chipotle. Both chains pride themselves on locavore ingredient sourcing. And both have expanded nationally at a rapid clip while slinging fast food touted to be healthy. Chipotle has had a rough go of it the past few years, plagued by food safety incidents. A merger could provide the burrito chain with a fresh face (and revenue stream) and Sweetgreen with the capital to become the Starbucks of salads. |
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零售 |
Retail |

2019年年初,,由于西爾斯百貨未能擺脫破產(chǎn)保護(hù)狀態(tài),,亞馬遜將出手買(mǎi)下幾十家西爾斯和凱馬特門(mén)店。這些門(mén)店將成為新的電子商務(wù)配送中心,,其中一些還會(huì)成為亞馬遜實(shí)體店,。 |
In the wake of Sears Holdings’ failure to emerge from Chapter 11 bankruptcy protection in early 2019, Amazon.com will come in and buy dozens of Sears and Kmart locations that will serve as new e-commerce distribution hubs and, in some cases, Amazon-branded stores. |
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5. Facebook面臨生死攸關(guān)的威脅 盡管連續(xù)兩個(gè)季度創(chuàng)下收入新紀(jì)錄,但從公關(guān)角度講,,馬克·扎克伯格的這家大型社交媒體公司在2018年過(guò)的非常糟糕,。如果不能迅速應(yīng)對(duì)這些挑戰(zhàn),2019年Facebook的處境甚至可能變得更差,。 |
5. Facebook Faces Existential Threats Despite two record-setting quarters for revenue, Mark Zuckerberg’s social media behemoth had a very bad 2018 from a PR perspective. If Facebook doesn’t address these challenges quickly, 2019 could be even worse. |

美國(guó)國(guó)會(huì) Cambridge Analytica丑聞曝光后馬克·扎克伯格出席了美國(guó)國(guó)會(huì)的聽(tīng)證會(huì),,而外界就聽(tīng)證會(huì)得出的結(jié)論之一就是,如果Facebook在保護(hù)用戶(hù)數(shù)據(jù)方面仍然不上心,,政客們看來(lái)就會(huì)在對(duì)其施加監(jiān)管的問(wèn)題上持更開(kāi)放的態(tài)度,。扎克伯格在華盛頓幾乎沒(méi)什么朋友——民主、共和兩黨都斥責(zé)Facebook對(duì)他們的競(jìng)選活動(dòng)產(chǎn)生了不利影響,,我們預(yù)計(jì)歐洲強(qiáng)大隱私法的美國(guó)版本將獲得兩黨同時(shí)支持,。政府監(jiān)管再加上違反新法律遭受的罰款可能最終扼殺Facebook的增長(zhǎng)前景。 公眾信任 一連串壞消息已經(jīng)有損Facebook在美國(guó)民眾中的聲譽(yù),。哈里斯民意調(diào)查機(jī)構(gòu)最近代表《財(cái)富》雜志對(duì)2000多位美國(guó)人的調(diào)查表明,,在保護(hù)用戶(hù)數(shù)據(jù)方面,人們認(rèn)為Facebook是最不值得信賴(lài)的大型科技公司,。這樣的印象很難改變,。盡管斥巨資開(kāi)展公共活動(dòng),但如果再次出現(xiàn)Cambridge Analytica級(jí)別的隱私丑聞,,F(xiàn)acebook的品牌就可能遭受不可彌補(bǔ)的損害,。 科技行業(yè)分析師把Instagram視為Facebook旗下的招財(cái)童子以及未來(lái)增長(zhǎng)的源泉,原因是這項(xiàng)核心社交業(yè)務(wù)看來(lái)已經(jīng)在美國(guó)等地站穩(wěn)了腳跟,。雖然Facebook在2012年就收購(gòu)了這家照片共享服務(wù)商,,但I(xiàn)nstagram的產(chǎn)品方向和文化一直牢牢控制在創(chuàng)始人凱文·希思特羅姆和邁克·克里格手中,。這個(gè)強(qiáng)大二人組在2018年年底離去后,F(xiàn)acebook禁不住要插手Instagram的事務(wù),,此舉激怒了40歲以下群體,,也就是Instagram的主要用戶(hù)群。 歐洲 這家社交媒體巨頭由于數(shù)據(jù)問(wèn)題在歐洲面臨的罰金數(shù)額更為巨大,。官方正在調(diào)查Facebook是否違反了歐盟《通用數(shù)據(jù)保護(hù)條例》,,該條例旨在讓用戶(hù)更清晰地了解公司如何使用其數(shù)據(jù)。Facebook面臨的罰款最多可能達(dá)到其全球收入的4%,。 假新聞 雖然已經(jīng)清理了2016年美國(guó)大選期間肆虐的大部分假消息,,但Facebook的任務(wù)依然艱巨。各家新聞媒體和研究機(jī)構(gòu)仍在挖掘該公司自動(dòng)審核系統(tǒng)漏掉的誤導(dǎo)或冒犯他人的內(nèi)容,。在這方面,,人類(lèi)編輯的作用就像試圖阻止潮水的丹麥國(guó)王一樣。除非Facebook顯著改變自家平臺(tái)傳播內(nèi)容的方式,,同時(shí)調(diào)整業(yè)務(wù)模式,,使之和用戶(hù)利益一致,否則這個(gè)問(wèn)題將一直存在,。 |
Congress One of the takeaways from the congressional hearings Mark Zuckerberg faced in the wake of the Cambridge Analytica scandal was that politicians appear more open to regulating Facebook if it continues with a lackadaisical approach to safeguarding user data. With few friends in Washington—both parties blame Facebook for negatively impacting their campaigns?—?expect a U.S. equivalent to Europe’s strong privacy laws to find bipartisan support. Government regulation, along with the fines that come with failing to comply with new laws, could end up stifling Facebook’s growth prospects. Public Trust Facebook’s string of bad news has hurt the company’s reputation with the American public. A recent Harris poll survey of over 2,000 Americans, conducted on behalf of Fortune, showed that people view Facebook as the least trustworthy major tech company when it comes to safeguarding user data. That image is not easily shaken. Despite a well-funded PR blitz, another privacy scandal on the scale of Cambridge Analytica could cause irreparable brand damage. Tech analysts consider Instagram to be Facebook’s golden child and a source of future growth as the core social networking service appears to have plateaued in places like the U.S. Even though Facebook acquired the photo-sharing app in 2012, the product direction and culture of Instagram had been firmly under the control of its founders Kevin Systrom and Mike Krieger. With that powerful duo gone as of late 2018, Facebook won’t be able to resist meddling with the app, angering the key under-40 demographic that makes up the majority of its users. Europe The social media giant will face more significant penalties for its data blunders in Europe. It’s being scrutinized for potential violations of the European Union’s General Data Protection Regulation, intended to provide more transparency to users about how companies are using their data. The company could face fines of up to 4% of its worldwide revenue. Fake News Although Facebook has cleaned its service of much of the fake news that ran rampant during the 2016 U.S. election campaign, it faces an uphill battle. Various media outlets and research groups are still digging up misleading or offensive content that manages to slip through Facebook’s automated systems. Human editors are as effective in solving the problem as a Danish king stopping the tide. Unless Facebook makes drastic changes in how content is propagated on its platform and shifts its business model to align with user interests, the problem will continue. |
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6. 誰(shuí)的2019年會(huì)很棒,?誰(shuí)的會(huì)不那么棒? 2019年將(或無(wú)法)表現(xiàn)出色的公司和企業(yè)領(lǐng)導(dǎo)者,。 |
6. Who’s Going to Have a Great and Not-So-Great Year The companies and business leaders that will thrive (or not) in 2019. |

呈上升趨勢(shì) · Tiktok(抖音國(guó)際版),。“成年人”開(kāi)始使用這款令人上癮的視頻分享軟件——其“有毒的”對(duì)口型視頻已經(jīng)成為青少年中間的一種現(xiàn)象。所以我們預(yù)計(jì)它會(huì)在2020年滑坡,。 · 大麻二酚,。這種大麻中的化學(xué)成分不會(huì)讓人飄飄然,但有抗焦慮效果,。我們預(yù)計(jì)它將會(huì)流行起來(lái),,并進(jìn)入到很多東西中,比如雞尾酒,,再比如沙拉調(diào)料。 · 埃隆·馬斯克,。他的2019年不會(huì)有2000萬(wàn)美元的美國(guó)證監(jiān)會(huì)罰款,,不會(huì)有備受矚目的分手,也不會(huì)有對(duì)洞穴救援者的污蔑,。這應(yīng)該算是成功的一年,。 · 耐克。支持科林·卡佩尼克和塞琳娜·威廉姆斯等“維權(quán)型”運(yùn)動(dòng)員延續(xù)了這個(gè)品牌在18歲至40歲關(guān)鍵用戶(hù)群體眼中的酷勁兒,。 · 比特幣,。加密貨幣投機(jī)降溫,,但被淘汰的是其他加密貨幣。投資者認(rèn)為比特幣是較安全的儲(chǔ)值手段,。 · 燕麥奶,。它的起泡效果比豆奶好,要擔(dān)心的環(huán)境問(wèn)題也較少,。瑞典Oatly等品牌將在明年年底前席卷所有與之相配的咖啡店,。 · 麻疹。美國(guó)爆發(fā)了21世紀(jì)最嚴(yán)重的麻疹疫情,。不斷壯大的反疫苗運(yùn)動(dòng)讓美國(guó)西南部的一個(gè)主要大都會(huì)區(qū)損失慘重,。 呈下降趨勢(shì) · 槍支。鑒于控槍法案刺激銷(xiāo)售無(wú)望,,隨著本行業(yè)的“特朗普蕭條”繼續(xù)下去,,一家大型槍械制造商將宣布破產(chǎn)。 · 大麻股,。隨著美國(guó)司法部開(kāi)始加強(qiáng)聯(lián)邦法律執(zhí)行力度,,對(duì)大麻股的胃口將變小。 · 韓流,。事實(shí)證明,,防彈少年團(tuán)的2018年紐約市花旗球場(chǎng)演唱會(huì)是韓國(guó)流行音樂(lè)在美國(guó)的巔峰之作。 · 含酒精氣泡水,。啤酒廠商想借LaCroix風(fēng)潮推出另類(lèi)酒精飲料,,但消費(fèi)者很快就會(huì)發(fā)現(xiàn)它有多難喝。 · SUV,。汽油價(jià)格上漲意味著更多購(gòu)車(chē)者將選擇結(jié)構(gòu)更緊湊的跨界休旅車(chē)(CUV),,而不是過(guò)去10年獨(dú)領(lǐng)風(fēng)騷的“燒油大王”。 · Match集團(tuán),。和競(jìng)爭(zhēng)對(duì)手Bumble以及Facebook約會(huì)app的官司將讓Tinder,、Match.com和OkCupid的母公司損失金錢(qián)以及市場(chǎng)份額。 · 蘋(píng)果公司,。它沒(méi)能拿出更好的手機(jī),,這就是問(wèn)題的一部分——2018年上市的iPhone X和iPhone XR是如此優(yōu)秀,以至于蘋(píng)果幾乎沒(méi)有動(dòng)力來(lái)升級(jí)2019年推出的后續(xù)產(chǎn)品,。 |
Trending up · TikTok. “The adults” start using the addictive video-sharing app, a phenomenon among teens for its viral lip-synching videos. So expect it to trend down in 2020.. · CBD. This chemical component of marijuana doesn’t provide a high but may deliver antianxiety effects. Expect to see it popping up as an ingredient in everything from cocktails to salad dressing. · Elon Musk. He’ll make it through 2019 without a $20 million SEC fine, a high-profile breakup, or insults directed at cave rescuers. That counts as a win. · Nike. Its support for the activism of athletes like Colin Kaepernick and Serena Williams sustains the brand’s coolness with its key 18-to-40 demographic. · Bitcoin. Crypto-speculation cools, but it’s alt coins that fall by the wayside. Investors see Bitcoin as the safer store of value. · Oat Milk. It foams up better than soy milk and comes with fewer environmental concerns. Brands like Oatly, a Swedish export, will be in every coffee shop worth its beans by the end of the year. · Measles. The U.S. has its worst measles outbreak of the 21st century. The growing might of the vocal anti-vaxxer movement takes a devastating toll on a major metropolitan area in the Southwest. Trending Down · Guns. With no chance of gun-control legislation to spark sales, a major gun manufacturer will declare bankruptcy as the industry’s Trump slump continues. · Weed Stocks. The appetite for cannabis stocks abates as the Justice Department starts ramping up enforcement of federal laws. · K-Pop. Boy band BTS’s 2018 show at New York’s Citi Field stadium proves to be the zenith for Korean pop in America. · Hard Seltzer. Beverage makers tried to ride the LaCroix craze by offering an alcoholic variant, but consumers will realize how bad it tastes. · SUVs. Higher gas prices will mean more car buyers choosing the more compact Crossover Utility Vehicle (CUV) instead of the gas guzzlers that have dominated the past decade. · Match Group. A lawsuit with Bumble and Facebook’s dating app will take money and market share away from the parent company of Tinder, Match.com, and OkCupid. · Apple. Its phones have never been better, and that’s part of the problem: 2018’s iPhone X and XR are so good that there’s little incentive to upgrade to their successor in 2019. |
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我們的2018年大預(yù)言表現(xiàn)如何,。 準(zhǔn)確命中:我們正確預(yù)測(cè)了經(jīng)濟(jì)繁榮的幾個(gè)副作用,包括美聯(lián)儲(chǔ)可能在12個(gè)月內(nèi)四次提高基準(zhǔn)利率以及火爆的股市將再次引發(fā)IPO熱潮,。我們預(yù)計(jì)Lyft從出現(xiàn)聲譽(yù)問(wèn)題的Uber手中奪走的市場(chǎng)份額將超過(guò)預(yù)期,。體育方面,我們預(yù)見(jiàn)到了冬奧會(huì)單板滑雪選手克洛伊·金以及NBA球員“希臘怪物”揚(yáng)尼斯·阿德托昆博的統(tǒng)治級(jí)表現(xiàn),。 基本靠譜:《財(cái)富》雜志預(yù)計(jì)2018年的股市表現(xiàn)一般——到發(fā)稿時(shí)止,,標(biāo)普500指數(shù)上漲了6.6%,。今年美國(guó)最高法院在商業(yè)方面有三項(xiàng)重大裁決,我們預(yù)見(jiàn)到了其中兩項(xiàng),。我們還預(yù)測(cè)到新英格蘭愛(ài)國(guó)者隊(duì),、洛杉磯道奇隊(duì)和克利夫蘭騎士隊(duì)將進(jìn)入各自聯(lián)賽的決賽。 預(yù)測(cè)失誤:我們低估了油價(jià),,認(rèn)為美國(guó)GDP增速不會(huì)達(dá)到3%,。我們還預(yù)測(cè)慈善捐款將使沃倫·巴菲特的凈資產(chǎn)縮水(結(jié)果正相反,他的資產(chǎn)增長(zhǎng)了52億美元),。另外,,凱蒂·佩里、彼得·蒂爾等知名游客也沒(méi)有像我們預(yù)測(cè)的那樣登上太空,。 預(yù)言團(tuán)隊(duì): Daniel Bentley, Erika Fry, Robert Hackett, Matt Heimer, Rachel King, Polina Marinova, McKenna Moore, Sy Mukherjee, Aaron Pressman, Lisa-Marie Segarra, Lucinda Shen, Jonathan Vanian, and Phil Wahba.(財(cái)富中文網(wǎng)) 本文最初刊登在2018年12月1日出版的《財(cái)富》雜志上,。 譯者:Charlie 審校:夏林 |
7. How We Did in 2018 7. On Target: We correctly predicted several side effects of a boom, including that the Fed would raise its benchmark rate four times in 12 months and that a hot stock market would fuel an IPO resurgence. We forecast that Lyft would seize more market share than expected from reputationally challenged Uber. In sports, we called the ascendancy of Olympic snowboarder Chloe Kim and the NBA’s Giannis “the Greek Freak” Antetokounmpo. In the Ballpark: Fortune foresaw a just-okay year for the stock market: The S&P 500 was up 6.6% at press time. We called two of the year’s three biggest business-related Supreme Court rulings. And we correctly sent the Patriots, Dodgers, and Cavaliers to the finals of their leagues. Off the Mark: We lowballed oil prices, predicted that U.S. GDP wouldn’t crack 3%, and divined that charitable donations would shrink Warren Buffett’s net worth (instead, he got $5.2 billion richer). And contrary to our forecast, neither Katy Perry, Peter Thiel, nor any other celebrity tourist was blasted into space. Crystal Ball Contributors: Daniel Bentley, Erika Fry, Robert Hackett, Matt Heimer, Rachel King, Polina Marinova, McKenna Moore, Sy Mukherjee, Aaron Pressman, Lisa-Marie Segarra, Lucinda Shen, Jonathan Vanian, and Phil Wahba. This article originally appeared in the December 1, 2018 issue of Fortune. |