As long as the tailwinds of global quantitative easing, cheap oil, and further institutional inflows keep blowing, equities could continue to rally. But at some point, a real market correction will arrive.
只要全球量化宽松、廉价石油和机构资金流入的东风继续，股市就会继续上涨。但总有一天真正的市场回调会到来。而当回调到来时，退休基金和保险公司将比以往任何时候都更加严重地暴露于股市波动之下。