1.老师，请问一下，基础班时何老师说经济扩张时，选择周期性、small、grow的股票好，经济衰退时选择非周期性、big、value的股票比较好，但是我在协会的mock题的正确答案中看到这样一句话：“ value stocks are likely to outperform growth stocks and that small-cap stocks are likely to outperform large-cap stocks in the immediate aftermath of a recession。。。”是不是有矛盾？正确的理解应该是什么？
2.什么是inflation-linked bond？指real rate 的 还是nominal？折现的分母是real rate？real+预期通胀？real+预期通胀+非预期通胀？
感谢回答！
