But highlighting short-term trading in stock markets obscures other powerful sources of short-termism in corporate time horizons, such as uncertainty about long-term government fiscal policies on both sides of the Atlantic. More important, some corporate short-termism may not be as strong as it is thought to be.
但对股市短期交易的聚焦掩盖了导致企业短期运营行为的其他重大原因，比如对大西洋两岸政府财政政策的不确定。更重要的是，一些企业的短期行为并没有人们想象中那么严重。