So, more drugs to deal with our collective lack of growth. The Bank of England’s Funding for Lending extension is welcome: the scheme lasts longer than before, contains extra incentives to lend to cash-strapped small and medium-sized enterprises and has been widened to include non-bank sources of credit, including financial leasing corporations. And after some remarkably soggy eurozone data – including purchasing manufacturers index figures suggesting that the German economy is not quite as dynamic as Bayern Munich – investors are increasingly hopeful that the European Central Bank will come to the rescue, buying up equities as if the dark clouds are about to lift.
要治好經濟增長集體乏力癥，我們需要增加用藥的品種和劑量。延長英國央行(BoE)的“融資換貸款計劃”(Funding for Lending)是個受歡迎的做法：該計劃持續時間比之前更久，增加了一些額外激勵措施、鼓勵金融機構向資金緊張的中小型企業放貸，涵蓋范圍擴大、納入了金融租賃公司等非銀行信貸來源。在一些極不樂觀的歐元區經濟數據（包括“采購經理指數”(PMI)數據，顯示出德國經濟并不像足球俱樂部拜仁慕尼黑(Bayern Munich)那樣有活力）公布以后，投資者越來越覺得，歐洲央行(ECB)會出手相救、購買股票，籠罩在市場上方的烏云即將消散。