10年
(2007-02-05 22:44:04)
下一個
interest rate: 與曆史上過去10年中,96年/98年與現在的情況相似.
GDP: 2006年的GDP大約是96年GDP的5倍,國防開支和民用預算也大致相似,但貿易赤字卻是當年的24倍。(已扣除inflation的因素)。
Corporate profits: 2006年的CP大約是96年的7倍,和GDP的範圍相差不太遠.
Unemployment: employment/unemployment rate decreases from 5.9(1996) to 4.5(2006Nov), however, the total labor force increases 1.1倍.
M3/M2/M1: M2增加了1。82倍,M1增加了1。26倍,已消逝的M3估計也有2。5倍
Taking all the factors into account, SP500 was about 500-700 at 1996, now SP500 is about 1446, 大約也有兩倍了.well, that is why I think the equity market will has a good future in long term (in the unit of year/decade), because it is just barely showing the economic picture right now, not in a bubble way at all.
However, the short term (in the unit of week/month) picture of equity market is playing totally different from the long term way, it comes up and down over and over, but that is why the life is beautiful and full of fun, right?:)街上那些分析師這樣拽一篇,再beef up一些nonsense,就能上報啦.