UC知道哪个能人能帮我翻译一下
来源：百度知道 编辑：UC知道 时间：2024/06/04 09:53:17
Market Volatility a Necessary Windows for Financial Profit
In fact, market volatility, another term for shot-term instability, in the financial sector of the economy has become a major source of profit for financial institutions. Long-term investors are endangered species in the financial world; most market participants have become leveraged traders for short-term profit, even pension funds and university endowment funds. The only factor of production that maintains any semblance of stability is wages.
The recurring financial crises around the world shared similar characteristics. Each crisis was largely unanticipated by market analysts and central bank economists, with the forward markets providing no indication of the impending upheaval. Going into each crisis, complacent traders took on highly leveraged long positions in currencies, bonds, or spread products that soon came under heavy speculative counterattack. In each case, traders adopted trading models con
In fact, market volatility, another term for shot-term instability, in the financial sector of the economy has become a major source of profit for financial institutions. Long-term investors are endangered species in the financial world; most market participants have become leveraged traders for short-term profit, even pension funds and university endowment funds. The only factor of production that maintains any semblance of stability is wages.
The recurring financial crises around the world shared similar characteristics. Each crisis was largely unanticipated by market analysts and central bank economists, with the forward markets providing no indication of the impending upheaval. Going into each crisis, complacent traders took on highly leveraged long positions in currencies, bonds, or spread products that soon came under heavy speculative counterattack. In each case, traders adopted trading models con
我用灵格斯翻译的, 意思差不多吧, 不肯能全对..
事实上，市场的波动，另一种枪杀任期的长期不稳定，在金融部门的经济已成为一个主要的利润来源的金融机构。长期投资者是濒危物种的金融世界大多数市场参与者已成为杠杆交易商的短期利润，甚至养老基金和大学捐赠基金。唯一的生产要素保持任何的假象稳定的工资。
反复出现的金融危机在世界各地有着相似的特点。每次危机主要是由意料之外的市场分析师和中央银行的经济学家，随着期货市场提供没有任何迹象表明即将发生动乱。走进每一个危机，自满，交易商对高杠杆多头头寸的货币，债券，或扩散的产品很快受到沉重的投机性反击。在每一种情况下，交易商通过交易模式构建从历史的模式来指导自己的交易策略。当一个决定性的多数交易商采取类似的交易策略，市场将超从技术压力，成为传统智慧与现实脱节。但是，一旦危机爆发和传统智慧是扫地的事实，贸易商送往清偿其高杠杆的立场恩大众，希望之前及时退出人群。在每一种情况中，急于放松高杠杆的立场加剧了严重的货币或固定收入的危机。
汇率和购买力平价
从理论上说，汇率的调整，实现购买力平价（ PPP ）两种货币之间。购买力平价是实现当一个单位的本国货币可以购买相同数量的货物在另一经济体系时，转换为外币在当前的汇率，以符合法律的一个价格。如果按购买力平价持有，然后相同的商品篮子的售价应该以同样的价格在每一个经济后，汇率换算。如果它们不这样做，那么机会“无风险的利润”将通过套利存在的外汇市场，转化为大规模的资金流动跨越国界。最后，价格套利将确定市场汇率或商品价格中的两个经济体将改变购买力平价，使这两种货币间的重建。随着放松管制的全球资本市场，资产价格也调整趋同的购买力平价两种货币之间导致市场崩溃。