Risk is back in fashion. Those repositories of risk assets, emerging markets, are off to the races, with equities and even currencies pushed higher by inflows of foreign money. Perkiness is further buoyed by upwardly mobile forecasts for economic growth. Overall, emerging east Asia is expected to grow 6 per cent next year, roughly in line with 2008 and up from 3 per cent this year, according to the latest forecasts from the Asian Development Bank. Fund managers may be cheering, but Asia has flunked – at least so far – the longer term economic rebalancing that the crisis was supposed to bring about.
风险再度大行其道。作为风险资产的集散地，新兴市场开始活跃，外资的流入推高了股市、甚至货币汇率。manbetx20客户端下载 增长预期的上调进一步提振了乐观情绪。亚洲开发银行(ADB)的最新预期显示，整体而言，预计东亚新兴国家明年manbetx20客户端下载 将增长6%，与2008年基本持平，高于今年的3%。基金经理们可能在欢呼，但亚洲却错过了——至少到目前为止——危机本该带来的较长期manbetx20客户端下载 调整。