All the talk of letters a year ago made economists seem like characters on Sesame Street. Would the world see an L-shaped recovery or would it be more like a U? The most scary letter was W. But fears of a return to negative growth eased as economies stabilised and equities began their extraordinary rebound. Recently, however, cracks in Europe have been blamed for sending markets into a spin. US stocks have dropped by about one-tenth, month to date. Some European indices are down by almost double that. Investors are piling into bonds.
一年前关于字母的讨论，让manbetx20客户端下载 学家看上去就像幼儿电视节目《芝麻街》(Sesame Street)里的人物。manbetx app苹果 manbetx20客户端下载 将呈L型复苏，还是会更像U型？最可怕的就是W型。不过，随着世界各地manbetx20客户端下载 企稳，股市展开非凡的反弹，人们也松了一口气，不再那么担心manbetx app苹果 manbetx20客户端下载 会重新陷入衰退了。可是近期市场再度大跌——对此人们认为源头出在欧洲。本月迄今，美股已下跌约10%；欧洲部分股指的跌幅更是接近20%。投资者开始追捧债券。