欧美经济棋局或将进入终盘

    结论是,迄今为止，金融公司的业绩超出预期，这对于金融板块股价构成短期利好。

    关于美国经济增长，有很多负面因素在未来几个月将越来越受到关注。比如，到2013年1月1日，布什减税计划（包括临时的个人所得税减税和长期的失业救助政策）将全部到期。接着，2013年1月15日，由于赤字削减联合委员会（Joint Select Committee on Deficit Reduction）没有达到预期的目标，应运而生的政府削减汽车开支计划将会开始生效。这些因素会扼住美国经济增长命脉吗？可能不会，但2013年一季度的终盘对弈或许值得我们从现在就开始思考。

    译者：早稻米

    The takeaway is that financial companies so far are beating estimates, which is a positive driver for stock prices in the financial sector in the short-term.

    We have a number of negative catalysts relating to U.S. growth that will come more and more into focus in the coming months. Namely, as of January 1st, 2013, the Bush tax cuts, the temporary payroll tax cut, and the long-term unemployment benefits all expire. Then on January 15th, 2013 the automotive government spending cuts, driven by the failure of the Joint Select Committee on Deficit Reduction, go into effect. Will it be check mate for U.S. economic growth? Probably not, but the first quarter of 2013 is certainly an end game to start contemplating.