想确认一下这道例题,能不能理一理思路?
如果根据这个表格来做的话,
a)指的是inflation below expectation的情况吗?
但是好像跟答案又不太吻合?
cash: positive(为什么不是neutral?). attractive.
bonds: neutral. bond yields rise leads to capital loss.
stocks: positive. yield curve flatten.
real estate: neutral. both cash flows and discount rates will be expected to rise.
b)指的是inflation above expectation的情况吧?
cash: positive.
bonds: negative.
stocks: negative.
real estate: positive.