20110616 Follow Me 37 曳尾涂中

37,37
In my opinion, there will be QE3 in future. To the world, this nightmare will continue.

I read through a lot of articles since following me began. This is one of the best articles I have read. Cheers.

美国第二轮量化宽松货币政策（QE II）将在今年6月底如期完成。在始终不见明朗的世界经济形势下，对QE II的评价有褒有贬。而美国之后是否会推出第三轮量化宽松货币政策（QE III），将会给世界经济带来怎么样的影响？经济界又开始争论不休。

4-4
Hope Bernanke change his mind, and hope QEIII not coming. The current economic data indicates that the US economy is not  recovery, there is a long term for the recovery.

37,37
queasy 使人作呕的，易呕吐的，易眩晕的
a virtuous circle 良性循环
resilient 能复原的，弹性的
palatable 合意的，认可的，认同的
austerity 节俭，(经济的)紧缩
Now it's really not a good time for equity market. European sovereign debt crisis seems to worsen as Moody's investors service said it may lower the credit ratings of French banks. US economic data was weaker that expected. The People's Bank of China lifted the bank reserve ratio again, hitting another record high. Good luck to those still holding shares.

37，37
好多人说文章好，可是我觉得有点乱。。。

28-28
这次来打酱油了，要管理者转变思维很难的说。

35，35
忙碌中，等会拜读～

36   33
We are waiting for the Federal Reserve's next action. If it comes out to be the QE3, then it won't be that helpful as the Wall Street's expectation, but it may be another chance for their arbitrage.

there is a question whether the market would be controlled by the government. maybe the government affects the profit of the investors in the market.
ps:
The equity markets are struggling in the face of slower growth and central-bank inaction.
面对更低的增长和中央银行的无作为，权益市场正在苦苦地挣扎着。
The American market is hardly priced for such an outcome. 面对这样一个结果，美国市场是不能去定价的。On the best long-term measure, the cyclically adjusted price-earnings ratio, Wall Street is trading on a valuation 43% above its long-term average, according to the website of Yale University's Robert Shiller.依据耶鲁大学Robert Shiller的网站观点， 在最好的长期计量，循环调整的市盈率方面，华尔街正以超过长期平均水平的43%价值来进行交易。The bulls will have to hope that Mr Bernanke can be persuaded to change his mind.牛市将不得不寄希望于Bernanke能够改变他的想法。