Spring turns to summer in America, and once again, the mown-grass scent of economic optimism is in the air. An 11 per cent annual rise in house prices and a boom in the stock market does that to people. Higher asset prices are not much good by themselves – growth in incomes, jobs and activity is plodding – but markets seem to be sustaining the economy through the worst of tax rises and government spending cuts. Consumer confidence has not been this high for five years.
美国由春入夏，再一次地，空气中弥漫的manbetx20客户端下载 乐观情绪如同修整过的草地般芬芳。住房价格同比高达11%的涨幅以及股票市场的牛市行情确实会对人们产生这种影响。资产价格上涨就其自身而言并没有太大益处——居民收入增长、就业以及manbetx20客户端下载 活动仍然低迷——但市场似乎正在支撑manbetx20客户端下载 渡过有史以来最为严峻的增税以及政府支出缩减时期。消费者信心在近五年都没有像现在这样高涨过。
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