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股票市场是宏观经济的“晴雨表”。在市场经济和金融业高度发达的国家里,经济状况与股市行情之间存在着相当密切的关系,它们相互影响、相互促进、互为因果。一国货币政策变动、宏观经济形势变化乃至汇率调整等都会影响股价的涨跌。近年来,中国经济发展一直处于较平稳状态,即使在受到国际金融危机影响的情况下,我国及时采取的应对措施也避免了宏观经济的大起大落,但我国股票市场的行情表现却与稳定的宏观经济形势不一致,出现了较明显的波动。2006年,中国股市在经历了持续5年的低迷之后,上证综指最终报收
The stock market is macroeconomic “barometer ”. In countries with highly developed market economy and financial industry, there is a fairly close relationship between economic conditions and stock market quotations. They have mutual influence, mutual promotion and mutual causality. A country’s monetary policy changes, changes in the macroeconomic situation and exchange rate adjustments will affect the stock price ups and downs. In recent years, China’s economic development has been at a relatively steady state. Even in response to the international financial crisis, China’s timely response measures have avoided macroeconomic ups and downs. However, the performance of China’s stock market has been correlated with a stable macro-economy The situation is inconsistent, there have been more obvious fluctuations. After the stock market in China experienced a five-year downturn in 2006, the Shanghai Composite Index eventually closed