一、前言证券市场是经济发展到一定阶段的产物。考虑到选择“经济周期与证券市场关系”为研究对象,旨在研究我国证券市场与宏观经济的关系是怎样的?是否包含因果关系?如果存在着因果关系,那么可能的因果关系的方向又是怎么样的呢?以此来判断我国证 I. Introduction The securities market is the product of economic development to a certain stage. Taking into account the choice of “the relationship between the economic cycle and the securities market,” as the research object, to study the relationship between China’s securities market and the macroeconomic is what? Does it contain causal relations? If there is a causal relationship, then the possible causal direction How is it? In order to judge our card