今年上半年股票市场以超出专业人士想象的气势持续攀升,新投资者入市更是前所未有地挤爆了证券营业部,很多分析人士将这种史无前例的状况归结于财富效应。这种观点有一定道理,但显然过于肤浅了,我们更应知道 In the first half of this year, the stock market continued its upward trend beyond the imagination of professionals. As new investors entered the market, the securities business department was unprecedentedly squeezed. Many analysts attributed this unprecedented situation to the wealth effect. This view has some truth, but apparently too superficial, we should know