It is an old adage that the market is a weighing machine in the long-term and a voting one in the short-term. The latest data published by the Federal Reserve in itsZ1 Financial Accounts of the United States show the weighing and the voting pointing in sharply different directions.
古谚有云,市场短期是投票机,长期是称重机。美联储(Fed)发布的最新美国金融账户Z1表格数据显示,“称重机”和“投票机”指向完全相反的方向。
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