2011年，全球股市在基本面作用下剧烈动荡。A股市场在整体经济不确定下，呈现振荡下跌走势。结合对估值、宏观经济、流动性与股市自身周期的分析。本文对2011年股票市场进行了回顾。文章从政策面、流动性及市场层面多角度对2012年股票市场进行展望。
The global stock market fluctuated seriously under the economic fundamentals.The trend of stock market in 2011 was a big jolt and downward, with the macro economy facing uncertainty. The article analyzes the stock market by the valuation, macroeconomics, liquidity and economic cycle, we think the stock market in 2012 can have a new developingopportunity.The author analyzes the stock market in 2011. The article analyzes the 2012 stock market through liquidity, economy policy and macro-economy aspects.
