经济周期与股市投资策略研究.docVIP

经济周期与股市投资策略研究 ［安商要］经济周期一直是宏观经济学的重要研究领域之一，它对宏观经济的各方面，都宥着 至关重要的影响，尤其在中同特色社会主义经济下，我国的经济周期宥着G身运行的特点。 证券市场是经济发展不可或缺的一部分，股市投资策略与我国的经济周期的变化，冇着十分 密切的关系。但由于我岡证券市场产生于特殊吋代和经济背景之下，广大股民的投资策略还 存在着许多盲点，因此通过对经济周期的研究，进而对股帘投资策略做出分析，是具有极其 重要和积极的意义。本文通过对经济周期及屮W经济周期的分析，并与股市周期对比，从ifu 对股市投资策略做出正确的引导。 ［关键词］经济周期屮同经济周期股市周期投资策略 The Research of Economic cycle and Stock market investment strategy Abstract: Economic cycle has been one of the important research areas of macro economic cycle, and It affects profoundly all aspects of the macroeconomic business cycle. Economic cycle in China has run its own particularities under the socialist economy with Chinese characteristics. The securities market is an integral part of economic development，and stock market investment strategies and changes in the Economic cycle in China have very close relations. But as our stock market has been produced in special times and economic background，there are still many blind spots of majority shareholders of the investment strategy. Therefore，there is a significant and positive implication in researching on the economic cycle and analyzing the stock market investment strategy. This paper makes the right investment strategy guide in the stock market through comparing with the stock market cycle which based on the Economic cycle and Chinese economic period. Keywords: Economic cycle; Chinese economic period; Stock market cycle; Investment Strategy TOC \o 1-5 \h \z ^IW i HYPERLINK \l bookmark2 \o Current Document \h 一、 经济周期与股市周期 1 （一） 经济周期概念 1 HYPERLINK \l bookmark4 \o Current Document \h （二） 中国90年代以后的经济周期特征 2 HYPERLINK \l bookmark5 \o Current Document \h （三） 股市周期概念 4 HYPERLINK \l bookmark6 \o Current Document \h （四） 股市周期运动的特征 5 HYPERLINK \l bookmark7 \o Current Document \h 二、 经济周期与股市周期的关系 5 HYPERLINK \l bookmark8 \o Current Document \h （一） 经济周期对股市周期的决定作用 5 HYPERLINK \l bookmark9 \o Current Document \h （二） 股市周期对经济周期的提前反应 6 HYPERLINK \l bookmark10 \o Current Document \h （三） 股市对经济周期的放大效应 7 HYPERLINK \l bookmar