That world has long gone. Risk aversion, as measured by HSBC's CLOG Index, is off its late October peak, but only fractionally so. Recession has already claimed some economies, including Singapore, and more will follow. Foreign funds are still liquidating positions and fleeing for safe havens. The terrorist attacks in Mumbai, and the siege of Thailand's main airport have reminded the world that Asia is anything but a safe haven. Governments and central banks have been unable to turn the tide. At least half a dozen fiscal stimulus packages and a swathe of interest rate cuts have barely registered with investors
世界早就变了。以汇丰银行(HSBC)的CLOG指数来衡量,风险厌恶较10月末的峰值水平有所减轻,但幅度甚微。衰退已攫住包括新加坡在内的一些manbetx20客户端下载 体,还有更多manbetx20客户端下载 体将会跟随。外国基金仍在平仓,逃向安全港。孟买的恐怖袭击,泰国主要机场遭围攻,均提醒着世人:亚洲绝非祥和之地。各国政府和央行无力扭转局面。至少半打的财政刺激方案和大刀阔斧地的息,都几乎未能打动投资者。