He also believes a turning point for emerging markets came in march when the markets began to lose what he calls their " psychotic bearishness " .
他还认为,新兴市场的转折点出现在3月份,当时他称之为“熊市心态”的现象已开始消失。
For ' bearishness ' is there defined as the functional relationship , not between the rate of interest ( or price of debts ) and the quantity of money , but between the price of assets and debts , taken together , and the quantity of money .
India 's equities were due for a fall , having reached valuations of over 28 times earnings at their peak . But the bearishness may also reflect a deeper concern that india 's remarkable run is coming to an end .
Friday 's deadline for private sector holders of greek sovereign bonds to sign up to a voluntary deal to extend the term for up to 10 years could trigger another round of bearishness across the eurozone .