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2013年农历春节长假过后,多种因素共同叠加,使得市场快速回调。其一,节前市场经过连续上涨,存在获利回吐的需求;其二,节后央行重启正回购,引发市场对政策收紧的担忧;其三,国务院出台“国五条”进一步调控房地产市场,房地产市场调控加码,增加了对未来经济复苏的担忧。市场走势是对未来预期的反映,每一轮市场走势均有支撑其运行的逻辑,每一次市场转折均是其原有逻辑的打破。在目前的市场条件下,经济复苏可能弱于预期,房地产调控严厉程度超出市场
After the Lunar New Year holiday in 2013, a combination of various factors added to make the market a quick callback. First, the pre-holiday market, after a continuous rise, there is demand for profit taking; Second, the post-holiday central bank restart repurchase, triggering market concerns about policy tightening; Third, the State Council promulgated Regulating the real estate market, the real estate market control overweight, increased concerns about the future economic recovery. The market trend is a reflection of future expectations. Each round of market trends has the logic of supporting its operation. Every market transition is a break from its original logic. Under the current market conditions, the economic recovery may be weaker than expected, the real estate regulation harsh than the market