Tan Yaling seven central banks cut interest rates investors should be the main configuration synchronization U.S. assets

 With increasing panic, more than the global stock market crash, governments, central banks simultaneously with the introduction of new hand-rescue measures. Following the accident on Tuesday, Reserve Bank of Australia cut interest rates by 100 basis points, Hong Kong Monetary Authority today announced that it will suddenly cut the discount rate 100 After a point, in order to curb the current unprecedented global market turmoil, the Federal Reserve on Wednesday cut by other central banks around the world in key interest rates.
central bank also cut interest rates by the European Central Bank, Bank of England, Bank of Canada, Swedish Riksbank and the Swiss central bank. In addition, China also joined the operation in the joint interest rate cuts.
Sohu exclusive interview with the China Banking International Economic Relations Society expert Tan Yaling teacher,
teacher Tan Yaling following interest rate cuts this interpretation and recommendations to investors:
She thinks this rate cut is not just an adjustment of interest rates is a strategic readjustment of the economy. From an economic point of fact, Europe's economy is far better than the U.S. economy, which is the reason why the dollar's recent rally. The United States is The current economic crisis, the leaders, they should also be the first out of the crisis countries. expect the U.S. economy before the fourth quarter of 2009 to rid itself of the economic crisis.
As for why the United States choose to cut it this time? As we all The stock market is a barometer of the economy. In the upcoming U.S. election, the Fed should first think of is to stimulate the stock market, because only the stock market rally in order to reflect the market is good or bad, only a rising stock market to boost the development of the entire U.S. economy American people will have more job opportunities and property income. So the long term U.S. interest rate cut is a strategic consideration, we know that the subprime crisis has lasted for more than a year, but the overall concept of the total U.S. GDP is up rather than decrease, while the European economy is in constant regression. the U.S. economy in the world economy has been in a strong position, outstanding strength to avoid the challenges of Europe, the United States the first adjustment is to consolidate its strong position in a way! this more or less explains why the recent euro fell. in turn, investors try to think of why the AUD / USD is up for four years, three months or not, is not the Australian dollar fell, on the risk of global mining a (big country Australia is mining)?
Asked recommendations to investors after rate cut, Tan teacher suggested that investors should be the main configuration dollar assets, timely allocation of other monetary assets. Tan teachers specifically mentioned in the interview the euro, She believes that the euro has been limited to fall afternoon, the euro has emerged oversold, investors around the 1.3000 or rebound.