?交?砍?萄???望?瘛勗?? 2014-11-26
?交?祇??詨?????銝??芯??唬誑靘?嚗??交?祈?∪?憭佔/span>??餈? 70%???乩????拙??瑁?72%嚗??抵????撅砍?函??銵函?暹??憟賬??銝?????靘???隞??對?蝡??嗆?舀?交?祉?瞈???銵圈????撖西釭??撌亥?芷?祆?芣??憓??瑚?擗?嚗???摰嗅?萄????閬?蝜潛???????
?交? 4????甇??銝?隤踵?鞎餌?嚗?? 5%??擃?? 8%嚗?撣???憓????踹??嗅?伐?皜?雿?撠??萄????靘?鞈氬???舀????蝔?閮???????隞斤?瞈??脖?甇亥?撌殷?GDP????拙迤??蝮殷?隞亙僑??閮?嚗?蝚砌???銝?摮????交??摮???蝮 7.3% ?? 1.6%??
?桀???交?砍?萄??銝?頝???????鞎∟竣??憿??∪?????寞??敶剖??鞈???嚗??交?砌?撟渲??萇?詨?GDP瘥?????226%嚗??箏?函??鞎??菜?????擃?????摰嗚??????隡堆??望?潔?銝???畾萎?隤踵?鞎餌???撱箄降撌脫?澆?嚗??交?拽/span>?踹???????????頝荔?憓????澆?萎誑撟怨?鞎⊥?踴???交?祈瓷????鞈???憿舐內嚗??交?祆?踹?隞?撟渲????潸??渡????? 181.5?砍???亙?????萸??
???交?砍亢銵?憪??∩漲??憪?鞈芰??憭株?蝮質?暺??唳?勗膝????蝣潮??撖祉?????????唬?隞賢亢銵?????霅啁???憿舐內嚗???靘?撅??找???????隞乩?蟡其?撌殷?5:4嚗?嚗????????汨QE??瘙箏?????????撠???憭株?憪??∟??綽?憭株??????券??撖祆?臬?憭??澆?抬????箏祕??隞??箸???祈?????????遊之嚗?撠??剜?脣?萄?詨??鞎典馳撣??湧??雿???銝???嚗?暺??荀/span>????撠???蝥?QQE嚗??渲?喲????%?????寧?格??箸迫嚗?銝阡???單??靽∪?銝???鞎∪僑(2015撟 4????nbsp;2016撟 3??)撠勗?臭誑??璅???
?交?祈?亥????寥??璅?嚗??嗡葉銝????寞??????臬???芥????甇歹?暺??啣?潛捲嚗????剔?暸???潸?甇瑕?脤?雿????交?砌?璆剜??閰脣?箔?????嚗???蝷箔?憒刻???格?遊???擖??∪極??
?舀???交?砍??瘞?撌脩???憪?撠?摰???蝬?瞈?摮詨仃?颱縑敹???擐??詨?????銝?銝??刻圾???曇降?ｇ?????銝?????銝剜?寥?詻??瘞?隤輸＊蝷綽????嗅?????撅祉???芣?暺剁??急??隞??嗆??頛?擃????舀????嚗?雿??????詨??閮芸??瘞?嚗?撌脣???摰???蝬?瞈?摮詻??銵函內憭望????銝?雿??交?砍??瘞?敹?????隡潛???橘?????鞈?????瘜?鈭血??璅????整??
?亦?撟喳?????詨??JPX?亦?400???貊???賊??ETF嚗?銝???????敺? 7.76 ??蝢???鞈???瘚??伐??詨???梯??∪?寞???賂?TOPIX嚗????賊??ETF嚗?????敺?4.17??蝢???鞈???瘚??綽?憿舐內?亦?撟喳?????詨??憭批?寡?⊥絲憭?璆剖??頛?憭?嚗??賢?????亙??鞎嗅?潘??芰?嗅??頛?憭?鞈???餈賢?伐??????乩???鞈???餈賣?找蜓閬??芸???箸?亙??鞎嗅?潛???剜????蝝???
?交?砍?萄?圈?蝭????舀?遊之???望?????芸???摰???????????寥?訾誑靘?嚗??交?砍???萇??靽∟硫??蝝????? (CDS)皞Ｗ?對????喳?餃僑 10??隞乩?擃?雿?嚗???????鞈???撠??交?拽/span>?踹?鞎⊥?輻??靽∪??交???瑞??????銝?隞交?交?祆?踹??∩??????澆?菔?摨蟲???嚗??亙?萎??????⊿??嚗????勗??甈??詨???嚗?憭?鞈?蝝?蝝??暹??亙?萎漲銝?????閫???
?單?潮???颱?????鞎嗅?潸??? 8% ???亙??嚗?蝑???隤??箔????芰?雿?嚗????箇?∟???蝯?隤唬??遊?瑟?選?鈭行?箄?思?鈭??萄?蝬?瞈?嚗?????銝?甇鳴????賡????
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國際視野 - 王冠一 舊文
