Former chairman of the US Federal Reserve Ben Bernanke sums up the prevailing wisdom when he notes that economic recoveries don’t die of old age, they are murdered by central banks overtightening credit. Given the worst performance for US equities in December since 1931, the flattening of the yield curve (which plots government bond yields of different maturities on a single graph) and the rise in volatility, many investors seem to have decided the culprit in this game of Cluedo is Mr Fed, on the trading floor, with quantitative tightening.
美联储(Federal Reserve)前主席本•伯南克(Ben Bernanke)曾精辟总结当前的主流观念。他指出，manbetx20客户端下载 复苏不会老死，而是会被过度收紧信贷的央行“谋杀”。鉴于美国股市在12月遭遇自1931年以来最糟糕表现、收益率曲线（在一张图表上绘制不同期限的政府债券收益率）趋平以及波动性上升，很多投资者似乎认为，这个《妙探寻凶》(Cluedo)游戏的凶手是美联储，行凶地点是交易大厅，凶器是量化紧缩政策。