美国:不平衡的复苏

• 作 者: 林石
• 出 处: 国际金融
• 发表日期: 2009年08期
• 关键词: 不平衡 美联储 货币政策 私人投资 个人消费支出 美国经济 长期债券 房地产市场 房地产经纪人 货币政策调整

美国经济改善的迹象越来越明显,但如果称之为经济复苏的话,也是一种不平衡的复苏。美联储基本延续着信用宽松的货币政策,但即使面临退出风险,仍有继续扩大宽松政策的可能。美国企业业绩受到宏观环境的负面影响,但多数好于预期,给市场带来了一定的乐观情绪。

There are signs of a more pronounced improvement in the U.S. economy, but if it is called an economic recovery, it is also an imbalance in recovery. The Fed basically carried on a credit-loosening monetary policy, but there is still the possibility of continuing to expand easing even in the face of the exit risk. The performance of U.S. companies was negatively affected by the macroeconomic environment, but most were better than expected and brought some optimism to the market.