So you just say,okay fine, this is the macro circumstance that we're dealing with and we're going to do absolutely the best job we can identifying individual,specific,bottom-up opportunities to deploy the funds.

于是你只能说,好吧,这就是我们要应对的宏观环境,我们绝对要全力以赴,发掘独特,明确,由下而上的机会,来配置基金进行投资

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Having said that, I think that most people should have a realistic view that the financial markets are in dire straits, relative to this macro environment with what is going on with currencies, what is going on with the global economy and significant government intervention in the west, in Japan, in those markets and in those economies.

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But beware: with little macro data to feed the frenzy this Friday, we should expect some prudent risk pairing as we head into the weekend without a solution.

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The other thing is all the macro figures are subsiding and we started this year with China doing an abrupt halt in the lending lasting the days of January.

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