风险厌恶是推动资产配置的最大因素之一。
Risk aversion is one of the biggest factors driving allocation.
当风险厌恶氛围抬头——并且在一定水平上必然提升,新兴市场的发债者通常会迅速感受其影响。
When risk aversion mounts-as it surely will again at some point-emerging-market borrowers are usually quick to feel the effects.
风险厌恶是货币走弱的最简单解释。
The simplest explanation for the currency's decline is based on risk aversion.
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