The bull case is that we are near the end of tightening and that undervalued mainland equities will rebound on an improving inflation outlook.

最近的牛市显示我们正在接近紧缩的底部，而且低估了大陆市场的通货膨胀前景引起的反弹。

youdao

Whatever it does, America is currently on course for the most stringent fiscal tightening of any big economy in 2012, as temporary tax cuts and unemployment insurance expire at the end of this year.

无论做了什么，美国面临了一个在2012年所有的任何经济体中最严重的财政紧缩课题，当暂时税收减免和失业保险在今年年末期满。

youdao

The Fed may be preparing to end its “measured” monetary tightening—12 quarter-point increases since June 2004—in the not-too-distant future.

美联储可能会结束这种“标准的”财政紧缩――自2004年7月至今涨了12个1/4点。

youdao

The end of the tightening cycle could bode well for the Brazilian stock market and the popular iShares MSCI Brazil exchange traded fund.

FORBES: Brazil Rate Hikes Likely Done For the Year

Talk of an end to Fed tightening is premature.

FORBES: Lawrence Light On Markets And Investing

It appears that the market is pretty convinced that 2012 will see inflation decline considerably for most of these major markets, meaning a possible end to credit tightening and stead growth into 2013, all positives for long term investors in the BRIC markets.

FORBES: India's Economic Expansion to Continue into 2012