时间才过去三个月,当我们再次审视这个市场时,发现机构投资者的情绪和去年年底相比,已经从乐观显著转向悲观。综合市场的看法,发现关注的焦点主要集中在以下三个关键词上:「次贷」、「通胀」、「紧缩」,在分析上述三个因素后,我们谨慎乐观的态度没有改变。 Three months have passed before we look at the market again and find that institutional investors’ sentiments have shifted from optimistic to pessimistic as compared with the end of last year. Based on market views, we found that the focus of attention is mainly on the following three key words: “subprime mortgage”, “inflation” and “austerity”. After analyzing the above three factors, we remain cautiously optimistic.