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谈到牛市,中国投资者的第一个疑问就是:宏观经济这么差,股市会好吗?接下来一般还会问:如果宏观经济增速持续回落,而股市上涨,不是与经济背离吗?不是本末倒置吗?不是泡沫吗?这些问题,应该先去问问美国:2009年以来,美国经济那么差,股市怎么从2009年3月份的6500点涨到了16000多点了?那时候美国经济还没有从金融危机中复苏过来,股市那么涨不是与他们的经济背离吗?美国人不强调实体经济、光让股市涨,不是本末倒置吗?不是泡沫吗?
When it comes to the bull market, the first question for Chinese investors is that if the macroeconomy is so poor and the stock market will be alright? Then generally, will you ask: If the macroeconomic growth continues to fall and the stock market goes up, will it not be divorced from the economy? These are the questions we should go first to ask the United States: Since 2009, the U.S. economy has been so poor that the stock market has risen from 6,500 points in March 2009 to more than 16,000 points. At that time, the U.S. economy has not changed from The recovery from the financial crisis, the stock market so up is not with their economic departure from it? Americans do not emphasize the real economy, just let the stock market up, not the cart before the horse? Not a bubble?