Gauges of the market mood typically pick a point between fear and greed. What we have now is not quite either of those. It is a universe where muddling through and imminent disaster exist side by side at all times and investors have no clue which way to jump. It’s exhausting and infuriating, it litters markets with opportunities to lose money, and it’s here to stay.
衡量市場情緒的指標通常會在恐懼與貪婪之間找到一個位置。而現在的市場情緒卻并非如此。我們所處的世界里,得過且過與災難臨近始終并存,投資者完全不知道該如何抉擇。這種狀態令人疲憊和憤怒,市場上充斥著虧損的機會,而且這種局面還將持續下去。
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