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Interest Rates FIXED INCOME:Low Monetary Growth Ups S-T De-leverage Pressure,but Sets Stage for a “Slow Bull Market” in the M-T

http://msn.finance.sina.com.cn 2012-02-08 17:59 来源: 新浪财经
中国国际金融有限公司 Xiaoqing XU,Jianheng CHEN


  PMI’s counter-seasonal recovery: a signal of the reversal of the economy?

  Low monetary growth increases de-leverage pressure in the near term, while laying thefoundations for a “slow bull market” in the medium term
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