Gauges of the market mood typically pick a point between fear and greed. What we have now is not quite either of those. It is a universe where muddling through and imminent disaster exist side by side at all times and investors have no clue which way to jump. It’s exhausting and infuriating, it litters markets with opportunities to lose money, and it’s here to stay.
衡量市场情绪的指标通常会在恐惧与贪婪之间找到一个位置。而现在的市场情绪却并非如此。我们所处的世界里,得过且过与灾难临近始终并存,投资者完全不知道该如何抉择。这种状态令人疲惫和愤怒,市场上充斥着亏损的机会,而且这种局面还将持续下去。
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