每日外刊 | 0305-如果金融市场崩溃会发生什么？

考研英语时事阅读 · 公众号 · 考研 · 2022-03-05 09:00

正文

请到「今天看啥」查看全文

正文阅读

What would happen if financial markets crashed?

如果金融市场崩溃会发生什么?

“For historians each event is unique,” wrote Charles Kindleberger in his study of financial crises. But whereas “history is particular; economics is general”—it involves searching for patterns which indicate if a cycle is turning. Today America’s financial system looks nothing like it did before the crashes of 2001 and 2008, yet lately there have been some familiar signs of froth and fear on Wall Street: wild trading days on no real news, sudden price swings and a queasy feeling among many investors that they have overdosed on techno-optimism.

查尔斯·金德尔伯格在金融危机研究中写道:“对于历史学家来说，每一个事件都是独一无二的。”但是“历史是特殊的；经济状况是普遍的”，这关系到发现金融周期是否在轮回的标志。今天美国金融体系看起来一点也不像之前2001年和2008年的金融崩溃，但最近华尔街出现一些熟悉的泡沫迹象和恐慌情绪：疯狂交易日没有真正的重大信息披露，股价突然波动以及众多投资者存在对技术乐观主义过度不安的情绪。

Having soared in 2021, shares on Wall Street had their worst January since 2009, falling by 5.3%. The prices of assets favoured by retail investors, like tech stocks, cryptocurrencies and shares in electric-car makers, have plunged. The once-giddy mood on r/wallstreetbets, a forum for digital day-traders, is now mournful. It is tempting to think that the January sell-off was exactly what was needed, purging the stockmarket of its speculative excesses.

在2021年股市飙升之后，华尔街股市今年1月跌幅达5.3%，为2009年以来的最差行情。散户投资者青睐的科技股、加密货币以及电动汽车制造商的这类股票资产价格大幅下跌。Reddit上日内交易群体（短线散户）的网络论坛，名为“华尔街赌局”，该平台上一度高涨的情绪现在也变得悲观起来。投资者们很容易认为，1月份的抛售正是他们所需要的，这清除了股市的过度投机行为。