伯南克的话应该怎么听？_时事_双语阅读-查字典英语网

伯南克的话应该怎么听？

The temptation to extrapolate this argument to other risk markets is tempting. But investors should recognise that the Fed has much less control on prices in the equity and high-yield segments. Similarly, a differentiated analysis is warranted for currency positioning.

将这个分析过程推广到其他风险市场是个诱人的想法。但投资者应看清一点：就股市和高收益率市场而言，美联储对行情的控制力要低得多。类似的，外汇市场也肯定需要不同的分析。

Here, fundamentals – whether domestic or international – can overwhelm the impact of Fed action. This is especially true in today’s global economy; one that is in a synchronised slowdown, gripped by an unusual level of political polarisation in Europe and the US, and lacking any sustained cross-border policy co-ordination.

在这里，基本面因素（无论是美国国内还是国际的因素）可能压倒美联储行动的影响。就如今的全球经济情况而言尤其如此。如今全球各国经济同步减速，制约因素包括：欧洲和美国在政治上出现不寻常的两极分化，以及缺乏任何持续的跨国政策协调。

Technicals are also an issue. There are consequential differences among asset classes when it comes to the balance between traders and long-term investors.