Conventional wisdom says the stock market has gone too far, too fast. Sceptics argue that the financial system is broken, over-indebted consumers have reached breaking point and the recovery in business confidence will fizzle out as state-financed vehicle incentive schemes end. If you believe this, the best you can hope for is sub-par growth and a range-bound stock market.
主流观点认为，股市走势太离谱，上涨太快。怀疑论者辩称，金融体系已经垮掉，过度负债的消费者已达到极限，随着政府的刺激措施步入尾声，企业信心的恢复将成泡影。如果你相信这一点，那么你能期待的最好的结果，将是低于正常水平的增长以及窄幅波动的股市。
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