有几个问题想请教下，不是很懂

1.If money is neutral in the long-run why do governments and centralbanks seek to keep inflation under control?

2. In what circumstances is conventional monetarypolicy thought to be powerless?

3. If you believe that interest rates will risefaster than is implied in FRA and short-term interest rate futures prices, whatposition might you take in either contract?

4.Whatis the risk neutral credit premium?

5.Underwhat circumstances might the current equity market dividend yield be consideredas a possible proxy for the ex-ante equity risk premium?

6.Bythinking about the fundamental valuation equation, under what circumstancesmight we expect equity and government bond market returns to be positivelycorrelated?
7.Whichequity sectors would you expect to outperform in the lead up to a recession andwhy?

8.Whatfour sets of indicators might be used to inform a tactical asset allocationprocess?

9.Canyou describe a way of turning a diverse set of TAA indicators into a morecoherent set of indicators?

10. If you believe the economy is strengthening how could youexpress this view: (tactical asset allocation)

a. within a government bond portfolio

b. within a corporate bond portfolio

c. within an equity portfolio

回答任意3道题都可以有悬赏分