y*******n
发帖数: 10103 | 1 It is true that bitcoins have no intrinsic value, in the numismatic sense,
in other words, value in any realm outside of being used as a medium of
exchange.
However, while some tangible commodities do have intrinsic value, that value
is generally much less than its trading price. Consider for example that
gold, if it were not used as an inflation-proof store of value, but rather
only for its industrial uses, would certainly not be worth what it is today,
since the industrial requirements for gol... 阅读全帖 |
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e**l
发帖数: 62 | 2 十个星期的summer intern有四个志愿 只能选一个
1.Business Area： Equities
Field of Work： Sales - Equities
Trading - Equities
2.Business Area： Equities
Field of Work： Research/Analysis - Equities
3.Business Area： Fixed Income, Currencies and Commodities
Field of Work： Debt Capital Markets
4.Business Area： Fixed Income, Currencies and Commodities
Field of Work： Research/Analysis - Fixed Income, Currencies and Commodities
本人现在是本科大三，专业Quantitative Finance, 主要修的是数学和统计，可以算是
Applied Math.对自己数学和统计比较 |
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d*******n
发帖数: 524 | 3
The most important commodity exchange is NYMEX, part of CME but located in
NY.
However, still most of the commodity trading business are in Houston.
Partially because most of the clients of commodity derivatives are in
Houston. |
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y******6
发帖数: 12 | 4 真诚的请教一下大家的建议和看法。
最近拿到了某大投行的offer，也是现在做的front office commodity的方向，给升
title，也涨base，我现在比较犹豫这个offer，理由是commodity好像国内做的不多，
我也不太了解commodity在国内的发展现状，所以我想问一下如果有了这个大投行的经
历，是不是容易转到fix income等相近的方向，或者说我还是去读个书，就业面宽，更
好找国内/香港的工作。
我的终极目的就是过两年就回国（家庭原因），当然越快越好。。。望大家不吝赐教。 |
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EM
发帖数: 715 | 5 Assume we know both vol skews of commodity A and commodity B, futures prices, constant rate, and correlation, is there a practical method to imply the vol skew of the price ratio of commodity A / B? |
|
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S*********g
发帖数: 5298 | 7 如果自己trade，什么时候roll都可以。
他提到的情况是那些indices，commodity indices的white paper里都是写好了的
哪天哪天roll，roll多少。是定死的，没得选择。
譬如好多基于futures的ETF也有这个问题。有的ETF是一次性roll的。也有的持续roll
的。特别是那些交易量不大的，譬如VIX的VXX，VXZ都是continuous rolling的
roll造成的market impact是roll yield/loss这个大问题里的一部分。
以前(大概10几二十年前的时候),有过一个研究，结论是forerunner是没有profit的。
原因估计是2个，1个是投资在commodity indices里的钱不够多，还不够造成足够的
market impact，2是有人forerun这些forerunner
现在的情况可能有所改变，主要是投资在commodity indices的钱多了很多很多。 |
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t**********a
发帖数: 166 | 8 Commodities Q1 might be good, but Q2 is quite bad. Nomura exited the
commodities market some time ago, but it does tell the commodities sector is
also not easy to survive
|
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n******l
发帖数: 19 | 9 暂时都没拿到offer。但是基本都是最后一两步了，完全不一样的三个方向。求指点哪
个长期发展前景好一些？
并求问，如果能拿到>1个offer，如何安排和negotiate这几个地方？最有希望拿offer
的地方，这个猎头跟我很熟，而且以前被我据过offer，所以估计会push的很厉害。他
已经让我给他发email说如果给多少base，就愿意接受offer了。不知道到时候他push我
该怎么应对。
包子答谢！
1. Managed Futures fund, 500 ~ 1000 Million AUM, <10 people
这个职位基本是跟他们的两个partner一起做strategy research.他们现在的strategy
基本是做commodity, FX和FI为主的，想让我加入做一些equity的strategy，开始就是
replicate一些现有的常见strategy（value; stat arbitrage），只要跟buy&hold比有
positive的alpha就算完成任务。
2. Credit Fund，Billions AUM 20 ～ 50 people... 阅读全帖 |
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d*j
发帖数: 13780 | 10 大牛 拜一下
暂时都没拿到offer。但是基本都是最后一两步了，完全不一样的三个方向。求指点哪
个长期发展前景好一些？
并求问，如果能拿到>1个offer，如何安排和negotiate这几个地方？最有希望拿offer
的地方，这个猎头跟我很熟，而且以前被我据过offer，所以估计会push的很厉害。他
已经让我给他发email说如果给多少base，就愿意接受offer了。不知道到时候他push我
该怎么应对。
包子答谢！
1. Managed Futures fund, 500 ~ 1000 Million AUM, <10 people
这个职位基本是跟他们的两个partner一起做strategy research.他们现在的strategy
基本是做commodity, FX和FI为主的，想让我加入做一些equity的strategy，开始就是
replicate一些现有的常见strategy（value; stat arbitrage），只要跟buy&hold比有
positive的alpha就算完成任务。
2. Credit Fund，Billions AUM 20 ～ 5... 阅读全帖 |
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p*u
发帖数: 2454 | 11 Before he gained notoriety, Igor Oystacher was known as 990.
Spoofing
That was the identification code assigned to the firm where he worked in
2004, when the head trader at Chicago-based Kingstree Trading LLC noticed
something he’d never seen before in the Standard & Poor’s 500 futures
market. He watched again and again as 990 ran over everyone in what he
called an unprecedented display of market manipulation. The head trader
alerted an executive at the firm to the practice, according to both me... 阅读全帖 |
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u*****n
发帖数: 778 | 12 Sam Stovall, Chief Investment Strategist: Much to the surprise of many,
operating earnings for the large-, mid- and small-cap components of the S&P
Composite 1500 came in better than expected last quarter. The S&P 500
recorded a 51% increase in year-over-year results, while the S&P MidCap 400
saw a 45% rise. But the S&P SmallCap 600 wowed everybody by recording a 134%
surge in year-over-year results. This quarter, S&P is forecasting operating
results for the S&P 500, MidCap 400 and SmallCap 600 ... 阅读全帖 |
|
b*****h
发帖数: 3386 | 13 Stocks, Euro Plunge on Concern Austerity Plans to Curb Recovery
By Will McSheehy and Shani Raja
May 17 (Bloomberg) -- Asian stocks fell the most since Feb. 5, the cost of
insuring bonds from default jumped and the euro dropped to its lowest
against the dollar since 2006 on concern European austerity measures will
derail the economic recovery.
The MSCI Asia Pacific Index dived 2.5 percent to 117.05 at 12 p.m. in Tokyo,
the Markit iTraxx Asia index of credit-default swaps climbed 10 basis
points t... 阅读全帖 |
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N***i
发帖数: 2063 | 14 【 以下文字转载自 Stockcafeteria 俱乐部 】
发信人: Nanji (Ninja), 信区: Stockcafeteria
标 题: Oil & Gas Industry Stock Review - July 2010
发信站: BBS 未名空间站 (Fri Jul 23 06:26:06 2010, 美东)
By: Zacks Equity Research
July 22, 2010 | Comments: 0
Recommended this article (2)
PBR | PTR | ACGY | CLB | FTI | PTEN | HP | RIG | DO | ESV | RDC | PDE | NE
OUTLOOK
Crude Oil
The improving economic scene, both here in the U.S. as well as worldwide,
had been the main driver of the oil rally that saw the commodity zoom past
the $85 p... 阅读全帖 |
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g******0
发帖数: 1165 | 15 Wall Street Networking
Business - Investing
Description:
Inception: Feb 7th, 2007
Find over 100 links in this group to help you with jobs/internships,
Economics, Bloomberg tutorials, excel spreadsheets, fund manager interviews,
interview questions, learning about the industry (investment banking or
trading? You decide), developing contacts & learning how to make money in
the markets.
_______________
Wall Street Networking Fan Page
http://tinyurl.com/d3kszq
Blackberry Addicts group
http:/... 阅读全帖 |
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w******s
发帖数: 16209 | 16 here is the full article:
Emerging Wild Card: Inflation
By TOM LAURICELLA
While many investors have been fixated on the European debt crisis, concerns
have been quietly building about the potential for inflation problems in
emerging markets.
The fear isn't that emerging-market countries will return to the kind of
hyperinflation that was so damaging in the past. Rather, the worry is that
high food and energy prices, combined with capacity constraints and the
Federal Reserve's easing move in the U... 阅读全帖 |
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y*****l
发帖数: 5997 | 17 CAT明天ER,十有八九要beat,就是不知道会涨多少.
Caterpillar Faces High Profit Expectations
10 hours 1 minutes ago - DJNF
--Analysts expect Caterpillar to earn $1.74 a share for the second quarter
--Most Wall Street analysts rate the stock with buy over overweight ratings
--Company faces high expectations now that Bucyrus deal is complete
By Christopher Hinton
Caterpillar Inc. (CAT) is facing high expectations on Wall Street now that
the company has closed on a $8.8 billion acquisition and a decline in
commodity pr... 阅读全帖 |
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v**********m
发帖数: 5516 | 18 Nuclear Power Has a Bright Future: Amir Adnani
The Energy Report | Jun. 5, 2012, 4:00 AM | 0 |
inShare
A A A
The Energy Report
URL
The Energy Report is a free newsletter featuring investment coverage on
fossil, renewable and alternative energies
Recent Posts
Biggest Value for Agricultural Investors Revealed: Steve Hansen
Biggest Value for Agricultural Investors Revealed: Steve Hansen
Canadian Oil Explorers Pump Profits Abroad: Frederick Kozak
RSS Feed
The Energy... 阅读全帖 |
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c**i
发帖数: 6973 | 19 (1) Tom Orlik, No Appreciation for the Rising Yuan; Heard on the Street.
Wall Street Journal. June 21, 2011
http://online.wsj.com/article/SB10001424052
702304070104576397513517003444.html
("It's been a year since the yuan's peg to the dollar ended. * * * The yuan
has reached 6.4696 to the dollar, up 5.5%. * * * Data collected by the U.S.
Bureau of Labor Statistics show the price of U.S. imports from China in May
up just 2.8% year on year. * * * China's trade surplus with the U.S. is
larger in t... 阅读全帖 |
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T*****n
发帖数: 18811 | 20 真没好主意。可以考虑进一点黄金。前二年危机了
都说现金为王；现在全球通胀了，commodities就为王了
房子也肯定要涨，有实力并且不着急大笔现款的话进一套房子
commodities支撑的股票，比如黄金企业的，或者粮油企业的股票
也可以适当考虑一些，但要考虑股市其它因素
外汇上，现在都自身难保，谁也说不好
只是美元和欧元千万不要沾。 |
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g********s
发帖数: 590 | 21 中国人民表示压力不大，情绪稳定
http://money.cnn.com/2010/11/17/news/economy/cpi_inflation/index.htm
NEW YORK (CNNMoney.com) -- Consumer prices for everything other than food
and energy are rising, but at a rate so sluggish, it's the smallest price
increase on record, the government said Wednesday.
The Consumer Price Index, a key measure of inflation, increased 1.2% over
the past 12 months ending in October, the Bureau of Labor Statistics said.
* 31
*
*
* Email
* Print
* Comment
But afte... 阅读全帖 |
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s**********a
发帖数: 3273 | 23 各种 commodities 每年的 production 和 consumption 都是有数据可查的。
中国在90年代用多少，现在用多少，世界的产量是在上升还是下降，什么时候是供大于
求，到哪一年开始是供不需求都是有详细的数据报告的。这些报告未必完全精确，但是
不会有太大的误差。很多东西是刚性需求，这类商品一旦出现供不应求，价格上涨是很
快的，同时 volatility 也会变大。这些不是什么深奥的理论，静下心来客观的想
想都很容易理解。
我不知道你认为 commodities 的价格是被操纵的有什么根据。短期内也许有炒作的
成分，但是一个十年的 trend 除了真正的经济供需是不能形成的。何况供不应求是
明摆着的。
从另一个角度讲，没有人逼着中国买。你如果觉得价格不合理你可以少买，你可以不卖，
你可以反过来卖，整死那些你认为操纵价格的。如果你说这个价位你还是非买不可，那
本身就说明这个价位对你的需求来说是合理的，别人只是在追求自己的利润最大化，这
是市场经济的根本规则，it's the natural law，不是阴谋。 |
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e****i
发帖数: 2152 | 24 The act was the first to make price support mandatory for corn, cotton, and
wheat to help maintain a sufficient supply in low production periods along
with marketing quotas to keep supply in line with market demand. It
established permissive supports for butter, dates, figs, hops, turpentine,
rosin, pecans, prunes, raisins, barley, rye, grain sorghum, wool, winter
cover-crop seeds, mohair, peanuts, and tobacco for the 1938-40 period. Also,
Title V of the Act established the Federal Crop Insuranc... 阅读全帖 |
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u***r
发帖数: 4825 | 25 http://www.economist.com/node/21541716
Why China fails at football
Little red card
The telling reasons why, at least in football, China is unlikely to rule the
world in the near future
Dec 17th 2011 | from the print edition
THE pass back to the goalkeeper seemed routine for Qingdao Hailifeng FC in
its match against Sichuan FC in September 2009, even if the ball was struck
a little too hard and the keeper only just managed to stop it running past
him and into the net. Qingdao was safely ahead 3-0... 阅读全帖 |
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s*********8
发帖数: 901 | 26 Government critic and commodities bull Jim Rogers appeared on the CNBC show
The Kudlow Report last night. When pressed on why the stock market is
feeling so healthy these days, Rogers answered with the short quip above…
The Fed is supporting the market by buying up all sorts of assets. He went
on to say the huge amount of government spending will make it difficult to
dethrone Obama…
"I would tell you that Obama is going to win. I don't want him to win. It's
not good for America. But Larry, it's ... 阅读全帖 |
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S*********y
发帖数: 481 | 27 Nine Great American Companies That Will Never Recover
By Douglas A. McIntyre | 24/7 Wall St – Wed, Aug 8, 2012
Many American companies have been lauded for their rapid rise to greatness,
a process that sometimes takes less than a decade. These firms become
leaders in their industries, are renowned for innovation, phenomenal growth,
and, in the case of public corporations, their soaring share prices. Google
Inc. (NASDAQ: GOOG) usually makes the list, as does Apple Inc. (NASDAQ:
AAPL). At the othe... 阅读全帖 |
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w*********g
发帖数: 30882 | 28 Chinese Smuggler Tried to Sneak Carbon Fiber for Fighter Jets, Feds Claim
By Robert BeckhusenEmail AuthorSeptember 28, 2012 | 6:30 am | Categories:
Spies, Secrecy and Surveillance
Exporting aerospace-grade carbon fiber isn’t easy, as it can be used to
build military planes like the F-22 Raptor. Photo: Air Force
The U.S. has busted up a plot to smuggle tons of carbon fiber to China,
where the material would ostensibly be used in the construction of new
fighter planes. That might seem worrying, bu... 阅读全帖 |
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g****g
发帖数: 310 | 29 这说法也太不靠谱了吧？
Q: If China goes into a major recession, what effects will this have on the
U.S.?
Dohmen: This will be like a tsunami going through the economies of the globe
. China has been the big locomotive for the world economy. China’s stimulus
was four times the size per GDP than that of the U.S. They were four times
as aggressive as the U.S. Fed in stimulating their economy. This caused a
commodities rebound, stock market rebound, etc. Australia was also affected
by China’s demand for commod... 阅读全帖 |
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R****a
发帖数: 6858 | 30 大棋局与9/11
来源: ognc 于 2013-02-22 16:08:44[档案] [博客] [旧帖] [转至博客] [给我悄悄
话] 本文已被阅读：63次
字体：调大/调小/重置 | 加入书签| 打印| 所有跟帖 | 加跟贴| 查看当前最热讨论主题
The Moral Decoding of 9-11
By Prof. John McMurtry
(Journal of 9/11 Studies) - I was sceptical of the 9-11 event from the first
time I saw it on television. It was on every major network within minutes.
All the guilty parties were declared before any evidence was shown. The
first questions of any criminal investigation were erased. Who had the most
compelling motives for... 阅读全帖 |
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I********l
发帖数: 8702 | 31 中国要获得在国际大宗商品市场上的定价权,需要的是自己的高盛,而不是自己的LME.
>>>这个观点本身就是错误的。否则中国根本不需要开设自己的三家交易所了。因为交
易本身受到交易规则影响，而交易规则是由国外制定的。以LME为例，就是由LME会员制
定，而LME的核心会员（也就是场内会员或者一类会员），没有一家是中国企业。
下面再来回复你的回复(带===是我的回复):
+++++++++++++++++++++++++++++++++++++++++++++++
1.
=== SHFE的价格只适用于国内用户,是服务国内市场的.SHFE没有必要去和LME争夺国际
市场上的定价权,因为这必须以放弃本国的金融安全为代价(之前已经跟你论证过了),而
且SHFE在可预期的未来没有可能跟LME争夺定价权,既无必要也无可能,这事你就不要纠
结了.
>>>谁跟你说SHFE的价格之适用于国内用户？前面还觉得你做过期货，现在看，也就是
吹牛。如果中国期货价格只是国内价格，干嘛路透社要在国际终端上列入中国价格？如
果中国期货价格只是国内价格，为什么外资投行挤破头要拿中国期货经纪资格？要在中
国交易所买席位？
2... 阅读全帖 |
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S*******r
发帖数: 11017 | 32 1.
=== SHFE的价格只适用于国内用户,是服务国内市场的.SHFE没有必要去和LME争夺国际
市场上的定价权,因为这必须以放弃本国的金融安全为代价(之前已经跟你论证过了),而
且SHFE在可预期的未来没有可能跟LME争夺定价权,既无必要也无可能,这事你就不要纠
结了.
>>>谁跟你说SHFE的价格之适用于国内用户？前面还觉得你做过期货，现在看，也就是
吹牛。如果中国期货价格只是国内价格，干嘛路透社要在国际终端上列入中国价格？如
果中国期货价格只是国内价格，为什么外资投行挤破头要拿中国期货经纪资格？要在中
国交易所买席位？
===外资银行为啥要挤破头要拿中国期货经纪资格？要在中国交易所买席位? 直接原因
是因为他们现在买不到进不了.所以我说SHFE价格外资参与不了.SHFE的存在意义是为了
服务国内市场,没有必要也没有可能去和LME争.
2.
== 进入交割的保证金100%还叫保证金?请指明哪里有条纹规定交割时要付100%合约价格?
>>>呵呵，您连交割月要100%保证金都不知道，看来从来都没有做过期货交割。如果你
不信，那就打个赌好了。
=== 不用打赌,你贴个明文规定上来就好.... 阅读全帖 |
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u***r
发帖数: 4825 | 33 http://www.economist.com/news/leaders/21582256-emerging-market-
The emerging-market slowdown is not the beginning of a bust. But it is a
turning-point for the world economy
Jul 27th 2013 |From the print edition
WHEN a champion sprinter falls short of his best speeds, it takes a while to
determine whether he is temporarily on poor form or has permanently lost
his edge. The same is true with emerging markets, the world economy’s 21st-
century sprinters. After a decade of surging growth, in which t... 阅读全帖 |
|
g**1
发帖数: 10330 | 34 Indian-origin Ashok Varadhan appointed co-head of Goldman Sachs' securities
Tuesday, February 11, 2014 - 11:09 IST | Agency: PTI
Indian-origin Ashok Varadhan has been appointed co-head of the Goldman Sachs
' securities division, the largest and most profitable of the global
investment bank's four units.
Varadhan, 41, is currently the head of macro trading in Goldman's Securities
Division and will join Isabelle Ealet and Pablo Salame as co-head of the
Securities Division.
In an intern... 阅读全帖 |
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S**C
发帖数: 2964 | 35 The commodity party appears to be over, in the last three year Brasil GDP
growth 2.73%, 1.03% and 2.49%, not 大幅经济增长 in my book. Lula was lucky
as he rode the commodity boom largely thanks to China, but unlike Chile,
probably the only well managed SA country, they did not seem to know how to
conservatively manage their economy. But hey, I am rooting for 罗塞妇, a win
by her means I could pick up EWZ at deep discount. |
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d***o
发帖数: 7006 | 36 加元，澳元就是commodity currency，commodity价格跌就跟着跌，没啥奇怪的 |
|
w********t
发帖数: 12853 | 37 How Turkey Exports ISIS Oil To The World: The Scientific Evidence
Tyler Durden's pictur
eSubmitted by Tyler Durden on 11/27/2015 15:00 -0500
B
... 阅读全帖 |
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n***y
发帖数: 2730 | 38 你要想抄底的话要过一段时间。看commodity吧，中国经济的好坏看commodity的价格比
较准确。 |
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h******t
发帖数: 872 | 39 http://www.wsj.com/articles/currency-war-u-s-hedge-funds-mount-
Some of the biggest names in the hedge-fund industry are piling up bets
against China’s currency, setting up a showdown between Wall Street and the
leaders of the world’s second-largest economy.
Kyle Bass’s Hayman Capital Management has sold off the bulk of its
investments in stocks, commodities and bonds so it can focus on shorting
Asian currencies, including the yuan and the Hong Kong dollar.
It is the biggest concentrated wager t... 阅读全帖 |
|
l****p
发帖数: 27354 | 40 http://www.counterpunch.org/2016/02/26/hillary-clintons-speech-
以下是希拉里首次到高盛的演讲，泄露版，2013年6月4日。另外两个演讲也传言是流通
中等待出版。这是完整记录。克林顿国务卿收到22.5万美元，因为这一讲话。讲话还没
有得到证实或认证。
克林顿：谢谢。非常感谢。非常感谢你，劳埃德[布兰克费恩]，并感谢大家在高盛今天
欢迎我。我很高兴能够回到朋友，同事，合作者，支持者，志趣相投者之间。
请允许我开门见山的说话。你知道，在过去的几个月中，已经出现了越来越流行的关注
，说我们的经济仍不能给广大美国人提供益处。这“提供”其实只是不是他们觉得应该
的方式。你们所对话的大多数美国人，都有民粹主义的论调，声称经济复苏的好处仅仅
停留在那些在社会最顶部的人，你们这些人其实过的太美好了。
（笑声）
但我们知道，屁民们对他们的未来的希望 - 比如上学，就业，食品，服装-所有这些小
事不可能没有你们的领导和创新。自从梅迪西斯时代，甚至更早，在第一个股份制公司
在跨大西洋奴隶贸易的融资的时候，我们知道，金融和银行业是真正的力量促使我们... 阅读全帖 |
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I*******g
发帖数: 7600 | 41 【 以下文字转载自 JobHunting 讨论区 】
发信人: beefcurtain5 (beefcurtain5), 信区: JobHunting
标 题: 我说马工行业要衰退
发信站: BBS 未名空间站 (Tue Apr 26 18:27:27 2016, 美东)
其实去年这时候， 我找工作的时候， 就是顶峰了
我在这里说了快一年了， 现在再去转马工，除非你喜欢code， 你是傻逼
那个CMU ME转CS的。。 再过二三年， 很大possibility就会后悔去转
tech 行业， 现在hire 基本我觉得不张， 基本是供和求， 我觉得差不多。 过几年
， even for companies like google估计也得裁人。 alphabet裁人， 我觉得是肯定
的。那个nest， 说不定就要关掉. 更加别说其他tech company了
至少从股票上来说， 我二三月份在stock版说过， forget about FANG stocks this
year. commodity， bank are where it‘s at... sure, the comm... 阅读全帖 |
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发帖数: 1 | 44 http://www.bbc.co.uk/news/business-38686568
China's economy grows 6.7% in 2016
20 January 2017
From the section Business
GETTY IMAGES
China's economy grew by 6.7% in 2016, compared with 6.9% a year earlier,
according to official data, marking its slowest growth since 1990.
The figure is in line with Beijing's growth target of between 6.5% and 7%.
But the data comes days after the leader of one Chinese province admitted
GDP data was faked for several years.
China is a key driver of the global eco... 阅读全帖 |
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Q********a
发帖数: 851 | 46 China’s yuan-priced crude benchmark chips away at petrodollar
https://www.rt.com/business/422448-china-oil-futures-outstrips-brent/
China's launch of yuan-backed oil futures has sparked huge interest among
investors with initial trade volumes of the contracts outpacing overnight
transactions of rival Brent crude – a globally recognized benchmark.
The first trading session saw a total of 62,500 contracts with more than 62
million barrels of crude traded for a notional volume of nearly 27 billion
... 阅读全帖 |
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l*w
发帖数: 3758 | 47 commodity会跌的。现在中国维持外储就靠借债了。每年增加3000亿外债，外储维持不
下跌。大大这个任期结束后外债和外储打平吧
：共匪已经买了一堆commodity回来，凭啥还汇率崩?
：以人民币计价的物价为啥大涨？
：美元回流，credit紧缩，不就是又一次2008？ |
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发帖数: 1 | 48 这个定律屡试不爽。貌似国产企业没有高附加值的概念。对于成本波动极其敏感。这就
导致了靠打价格战的企业逐渐蚕食市场，最后把高端企业挤掉。 但是同时，commodity
化以后的行业，也没有更大的生存空间，commodity就是拼的价格，几分几毛钱的波动
，就会死掉一批企业。最后，国产品牌自相残杀，然后整个行业完蛋。 |
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W*****B
发帖数: 4796 | 49 When China stumbles, the world economy will shudder
Napoleon famously observed that when China awoke from its long slumber the
world would shake.
Now that the Chinese economy has certainly awoken, were he alive today
Napoleon might have warned that when the Chinese economy stumbles the rest
of the world’s economy will also suffer. He might have done so particularly
because there are all too many reasons to believe that China will soon
begin a renewed and lengthy period of economic stagnation.
Ju... 阅读全帖 |
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