意外事件代表初始条件或参数变化,新场新估价,否则就还是旧场,或新场变旧,因此定价有回归场中心的倾向

来源: 2010-08-25 09:49:24 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

意外事件代表初始条件或参数变化,新场新估价,否则就还是旧场,或新场变旧,因此定价有回归场中心的倾向


新场变旧 is fast, or "premium" decay as times goes on, regress to mean, mkt overprice "premium" but in a short time very often, at least with a counter rally even very bad news hit;

double dip, bond bubble are becoming old? unless with some other shocks,