接下来的1999年，（股市）被流动性推高反弹，从而导致了互联网泡沫；而这一次，情势扭转，新兴市场成立资产配置的首选。
What followed in 1999 was a liquidity-fuelled rally that led to the dotcom bubble; this time around, emerging markets seem to be the asset of choice.
人们说反弹是货币流动性推动的结果。
“美元在去年的反弹是由于我们经历了全球性的流动性危机，但是我们认为在这之后市场的规则已经发生了改变并且现在发生的这些事情与以往有很大的区别[要是有一个市场正在抛售的话]”他说。
"The dollar rallied last year because we had a global liquidity crisis, but we think the rules have changed and that it will be very different this time [if there is another market sell-off]" he said.
应用推荐