11月5日巴菲特指数报221.95%，前一日明显回落，刷新7月以来新低，不过大周期来看，仍处于严重高估区间。标普500指数股权风险溢价（ERP）为5.75%，刷新4月以来新高，处于相对中性区域。综合两项指标，从大周期来看，美股投资性价比相比美债整体偏低。

China’s National Association of Financial Market Institutional Investors (NAFMII) said it will require stronger accounts-payable disclosure for debt financing instruments to expand financing support and address SME payment arrears. Issuers must include in registration documents the past-year accounts payable balance, share and changes, major payables and aging distribution, days payable outstanding, and, where relevant, amounts and issuance status of commercial bills and electronic receivable certificates. NAFMII encourages issuers that have shortened payment terms, raised cash-payment proportions, paid promptly or adopted a 60-day cash-payment commitment to disclose those measures. Firms that materially reduce payables and payment terms and proactively disclose results will be eligible for a debt-financing registration 'green channel' with dedicated liaison, immediate review and expedited evaluation services.

爱尔兰总理米歇尔·马丁：这些威胁很可能是“协同”行动。