2013年，投资人仍将面对很大波动，主要原因是国际资本市场仍然有很多未确定的因素，时刻会影响投资人的预期，主要表现在：

In 2013,,Investors will still face great fluctuation,The main reason is the international capital market, there are still a lot of unascertained factor,Time will affect investors expected,Mainly displays in:

　　其一，美国仍然在缓慢复苏，股票市场会继2012年后仍然有较好的表现，原因是美国巨大的流动性，而2013年的股市仍将依赖流动性。当然，美国仍要面对长期累积起来的问题，如债务、财政悬崖以及就业疲软等，任何政策上的失误都有可能导致新一轮的金融动荡。

one,The United States is still in a slow recovery,The stock market will be after 2012 years later still have the good performance,The reason is the huge liquidity,And in 2013, the stock market will still rely on liquidity.Of course,The United States still have to face the problem of long-term accumulated,Such as debt/Financial cliff and weak employment, etc,Any policy mistakes are likely to lead to a new round of financial turmoil.

　　其二，欧洲的问题不会有根本的解决。欧元区的争吵在2013年仍会继续。欧盟试图统一预算问题，但达成共识的希望十分渺茫。

The second,Europe will not solve the fundamental.The euro area's argument in 2013 will continue to.The European Union's efforts to unify the budget problem,But the consensus of hope is very slim.

　　其三，日本的退路已经不太多。日本作为一个出口导向型的国家，在日元不断升值的背景下，面临来自韩国和中国的强力竞争，增长乏力。日本国内一个基本共识正在形成：让日元贬值，扭转通货紧缩。因此，一个简单的操作就是看空和卖空日元，但可以适当地买入日本的优等企业。

thirdly,Japan's retreat is not too much.Japan as a export-oriented countries,In the background of the continuous appreciation of the yen,Face stiff competition from South Korea and China,Weak growth.Japan, a basic consensus are forming:Let the weak yen,Torsional deflation.so,A simple operation is look empty and short yen,But can be appropriately to buy Japanese class enterprise.