牛市在哪里?

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股市下跌总是触发反弹,并以缩量调整为基调。每次小反弹,都会引发人们对牛市即将到来的讨论、憧憬与向往。美国经济在沉沦中挣扎,但美国股市却反复创历史新高,身处长期熊市的中国投资者只能隔岸观“火”;一向暮气沉沉的日本股市,也在宽松货币政策刺激下大涨暴涨。中国的经济持续稳定增长,中国股市却这么长期熊下去,中国投资者怎不“羡慕嫉妒恨”?宏观层面看,中国股市由熊转牛只是时间问题,这是大多数投资者不愿继续看空中国股市的主要原因。近期每次大盘下跌中的技术性反弹,都会引发人们对牛市可能来临的幻觉与讨论。因此,不能简单理解为投资者自作多情式的“单相思”。澳大利亚政府近期宣布调降银行利率,加之 A fall in the stock market always triggers a rebound, with a shrinking adjustment as the keynote. Each small rebound, will lead to the upcoming discussion of the bull market, longing and longing. The U.S. economy has been struggling with its sinking, but the U.S. stock market has repeatedly hit a record high. Chinese investors in the long-term bear market can only watch the “fire” across the Taiwan Strait. The dreary Japanese stock market has also been stimulated by the loose monetary policy Rising inflation. China’s economy continued to grow steadily and China’s stock market soared for so long that Chinese investors were not envious of jealousy. At the macro level, it is only a matter of time before the Chinese stock market moves from bear to bear, which is what most investors are reluctant to do Continue to see the main reason for the empty Chinese stock market. The recent technical rally in the broader market will trigger the illusion and discussion that people may come to the bull market. Therefore, it can not be simply understood as a multi-affectionate “single-phase thinking” by investors. Australia’s government recently announced a cut in bank interest rates, plus
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