在2016年推动黄金与原油价格齐涨的,很可能就是计价货币与流动性预期这两个因素。2016年年初至今,全球金融市场上出现了风险资产与避险资产价格齐涨的局面,“美股与美债齐飞,黄金与原油共舞”即是典型的表现。众所周知,风险资产是与经济周期走势正相关的顺周期资产,避险资产是与经济周期走势 Promote gold and crude oil prices soar in 2016, probably the two factors of the denominated currency and liquidity expectations. Since the beginning of 2016, there has been a rise in the prices of risky assets and hedgey assets in the global financial markets. “The typical performance of US stocks and the U.S. bonds flying together with gold and crude oil” is typical performance. As we all know, risky assets are cyclical assets that are positively correlated with the economic cycle. The safe-haven assets are related to the economic cycle