The sharp recovery in risk assets in January has followed significant policy changes by the US Federal Reserve, the Trump administration and the Chinese authorities. These actions have reduced the markets’ perception of recession risks, even as economic data have continued to weaken.
隨著美聯準(Fed)、川普(Trump)政府和中國當局的政策發生重大變化，1月風險資產價格大幅回升。這些舉措減輕了市場對衰退風險的感知，即便經濟數據繼續走弱。
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