129773928474218750_84Hexun homepage established mobile phone version of the stock/fund micro-blogging news blog roll daily observation of gold community write rapidly economic observation on unit thermal financial political comments on the quality of literature and history on the finance peopleRubric interview and you say the global observation of weekly hexun.com comments > body font size print RSS March 27, 2012 from: financial weekly author: Li Guangyi this year's "two sessions," stated thisAnnual economic growth rate adjusted to 7.5%, abandoning "eight".
This has brought a major adjustment of global stock markets. Money Magazine: Wen/Li Guangyi GDP the second, official reserves, the total amount of import and export the world's first. China's economic giant, its macro-trend is enough to affect the global market. This year's "two sessions," made clear this yearEconomic growth rate adjusted to 7.5%, abandoning "eight". This has brought a major adjustment of global stock markets. United States stocks their biggest decline in years, p 500 index 1.5%, the STOXX Europe 600 index down 2.5%, the Hang Seng index fell 1.4%
tera gold, Hang Seng China enterprises index fell 2.27%. Just a few days, the Hang Seng Index dropped 4.25%, Hang Seng China enterprises index was down 6.3%. At the same time, supporting China's rapid economic development--one of the foreign trade, biggest monthly deficit since appeared in the February 22, deficit of US $ 31.5 billion, up from 23.7% in the same period last year. Digital publishing, raw material supply powers Australia, and Brazil devaluation of the currency of the reaction on the groundsIs the world's largest buyer for export under the influence of the global economic slowdown, imports will slow down, and so on.
The macroeconomic changes to determine if changes in the market, or explain the market trend of thought, should be more mainstream views, resulting in operation as well as more investors. However, there are different voices in the market and practices deserve attention and takeA mirror. A view was expressed that, adjustment of stocks, dollar index, is the rising number of time down.
China's economic growth revised down, just give an excuse and opportunity to adjust it. As of March 11, the United States three major stock indices – the Dow Jones industrial average, NASDAQ, p respectively hit a 12-year low on March 9
tera power leveling, 2009, rose, 97%%, 102%, therefore, took advantage of adjustment is expected. In fact, macro on the stock market are not related.
The Wall Street Journal (blog, Twitter) has published a research article, latest research overturned the high growth of the economy will inevitably bring positive return to the shareholder in the mainstream view. The article says, from 1993 to 2010
tera gold, inflationAdjusted, China GDP to achieve a compound annual growth rate of 9.5%.
According to Nomura holdings reports, real rate of return of China's stock market is much lower, only 2.2%, which also worked in the Shanghai composite rose 80% of the year 2009. So far in 2011, such as bet's fastest-growing economies in the world of growth investors are notGet good grades. Since the end of last year, poor's 500-stock index than the MSCI Asia Pacific index (excluding Japan) won nearly 8%. If starting from early October last year, winning 12%. Intel has done in the University of Florida research shows that, since more than a century by the combined real GDP growth rate of inflation-adjusted and combined stock market returns, 16 major countriesIncluding the United States, and Germany and Japan-the correlation of 0.37.
To put it bluntly, is that economic growth will not necessarily bring benefits to shareholders. A shares 10 years of trend, investors in China 10 years of pain, also provides a very strong basis this assertion. 2011 once again proves the relationship between economic growth of China's economy and stock market would not necessarily bring benefits to shareholders.Last year, the Chinese economy forward, a-share declines of up to 21.68%.
Instead, mired in debt and other economic spiral of European and American stock market performance is much better than the a-shares, United Kingdom stock market fell only 5.65% for the year, stocks rose 6.13%. Overseas investments to shares of Microsoft, Apple, and other changes in the field, revealing the lead economic growth in investment is to buy each particular period trainHead enterprise. In the early 90 's, responsible for driving United States a locomotive of economic growth is Microsoft. Microsoft shares by the 1990 US $/unit, in 1999 rose to $ 60/share, increases more than 119 times for 10 years. 2002 Apple stock price $ 12/unit, currently the highest rise to us $ 550/unit, for 10 years up 44 times. The two United States "myth" as stock, and macro-economy did not have a closer correlation.
Therefore, the investments do not have to look at the macro-economic behavior, eye or an Apple under phase or buy related indices. Simulation portfolio of 20,000 US dollar global fund a (as of March 16, 2012) buy date fund namesLatest offer values were mixed 07/12/28 of BlackRock world mining 67.19 13.27 a combination 6618-17.2%07/12/27 4357-23.7%07/12/28 JF Asia 103.34 baring Eastern Europe 2454-38.6%08/6/27 Gerhard Schroeder total 137.14 1459-27% 14886-25.5% $ 20,000 Global Fund for commodities analog combo b (as of March 16, 2012) buy-date fund names latest offer values were mixed 10/10/08 Manhattan East18.96 7245-9.7%07/12/28 King 30.44 6.6%11/05/03 HSBC Latin America along the pillars in Asia 14.19 1413-29.3%10/11/12 17.07 Morgan global resources 1781-16.4% Total 19006-4.9%
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