何为“慢牛”?何为“短熊”?中国A股市场要想步人“慢牛短熊”的良性循环格局,必须具备哪些基本条件?“慢牛”的主要标志有两个:一是股价平均涨幅明显小于每股收益平均增幅,因而股市平均市盈率(股价/每股收益)总是处于相对低位;二是每一轮牛市涨得从容、有耐心,涨得持久且四平八稳,但累计涨幅却不会过大。这样 What is the “slow cow”? What is the “short bear”? China A share market want to walk “slow cow short bear,” the virtuous cycle of the pattern, must have what basic conditions? “Slow cow ”There are two main signs: First, the average price increase was significantly less than the average earnings per share increase, so the stock market average price-earnings ratio (price / earnings per share) is always at a relatively low position; Second, each round of the bull market calm and patient , Long lasting and stable, but the cumulative increase will not be too large. such