觀點金融市場

Market reset delivers constant shock therapy
市場重置意味著「休克療法」

Big sell-off in equities is sign of things to come as central banks pull support
馬丁:日益清楚的是,市場得到央行慷慨支持的時間太長了。糾正這種失衡將繼續引發大幅下跌和虛假的熊市反彈,就像2008-09年金融危機時那樣。

It was, as one economist put it, “a brutal day across risky markets” when on September 15 the S&P 500 shed a massive 4.7 per cent — its biggest one-day decline in seven years. “An ugly day in stocks,” he added. “Locusts” were picking off victims across global stocks, another market watcher agreed.The verdict on the front page of this newspaper was blunt. “Day of reckoning on Wall Street”, the headline declared, complete with a large picture of despondent-looking bankers in Canary Wharf.

9月15日,標普500指數(S&P 500)大跌4.7%,創下七年來最大單日跌幅。就像一位經濟學家所說,「各個高風險市場度過殘酷的一天」。「股票慘淡的一天,」他補充道。另一位市場觀察人士表示認同,稱「蝗蟲」正在全球股市上尋找受害者。

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