The only certainty is that the artificially low volatility of the past couple of months cannot last. Investors with no view on the political outcomes in the US, Europe and China are going to have a hard time taking a view on the direction of markets between now and the end of the year – and probably longer, if American politicians stay true to form and push out the deadline.
唯一可以确定的是,过去两个月期间人为的低市场波动性不会维持下去。对美国、欧洲、中国政治动向一头雾水的投资者,将难以对从现在到年底的市场走向做出判断。如果美国政客保持“本色,延后截止期限的话,这个局面可能持续更久。
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