全球金融市场流动性创七年新低
英语课
The global financial markets are not merely relaxed about the world's problems as they stand. They are positively 1 becalmed. The global index of market volatility 2, the so-called Vix Index or "fear gauge 3" as some people call it, is registering a seven-year low. As low in fact as it was just before the financial meltdown of 2008. The renowned 4 monetary 5 expert, Professor John Taylor, a former United States undersecretary of the treasury 6, says that this lack of worry is now itself a worry.
There is just too much money in the financial markets. Is that what's happened? It's got nowhere else to go.
I think that's the best way to think about it. But again, to me, it's time to get back to kind of a normal monetary policy. You know we had, in the UK, in the US, had a very good monetary policy for a long time in the 90s until recently. That period of time, some economists 7 call the Great Moderation 'cause the economy's working so well. When recent years the economies haven't been working that well, we had a financial crisis and this remarkably 8 slow recovery. So to me the evidence is pretty clear that they should go back to these kinds of rules-based policies I call them that work so well in the past, and the sooner the better in my view.
There is just too much money in the financial markets. Is that what's happened? It's got nowhere else to go.
I think that's the best way to think about it. But again, to me, it's time to get back to kind of a normal monetary policy. You know we had, in the UK, in the US, had a very good monetary policy for a long time in the 90s until recently. That period of time, some economists 7 call the Great Moderation 'cause the economy's working so well. When recent years the economies haven't been working that well, we had a financial crisis and this remarkably 8 slow recovery. So to me the evidence is pretty clear that they should go back to these kinds of rules-based policies I call them that work so well in the past, and the sooner the better in my view.
adv.明确地，断然，坚决地；实在，确实
- She was positively glowing with happiness.她满脸幸福。
- The weather was positively poisonous.这天气着实讨厌。
n.挥发性，挥发度，轻快，（性格）反复无常
- That was one reason why volatility was so low last year.这也是去年波动性如此低的原因之一。
- Yet because volatility remained low for so long,disaster myopia prevailed.然而，由于相当长的时间里波动性小，灾难短视就获胜了。
v.精确计量；估计；n.标准度量；计量器
- Can you gauge what her reaction is likely to be?你能揣测她的反应可能是什么吗？
- It's difficult to gauge one's character.要判断一个人的品格是很困难的。
adj.著名的，有名望的，声誉鹊起的
- He is one of the world's renowned writers.他是世界上知名的作家之一。
- She is renowned for her advocacy of human rights.她以提倡人权而闻名。
adj.货币的，钱的；通货的；金融的；财政的
- The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
- Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
n.宝库；国库，金库；文库
- The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
- This book is a treasury of useful information.这本书是有价值的信息宝库。
n.经济学家，经济专家( economist的名词复数 )
- The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
- Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》
ad.不同寻常地，相当地
- I thought she was remarkably restrained in the circumstances. 我认为她在那种情况下非常克制。
- He made a remarkably swift recovery. 他康复得相当快。
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金融