With equity markets reacting enthusiastically to the Fed’s historic policy change announced last week, many have rushed to declare victory. Whether in asserting investor comfort with the policy regime shift or in declaring the definitive end of dependence on quantitative easing (“QE”), they believe that the markets’ short-term reaction can indeed be extrapolated into the longer-term.
看到股市“喜迎”美联储(Fed)的重大政策变化，许多人急于宣告胜利。这些人不是断言投资者安然接受这一政策变化，就是宣称manbetx20客户端下载 从此不必再依赖量化宽松(QE)，他们认为，从市场短期反应可以推测出长期反应。
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