First of all, study on economic cycle of macroscopic indicator tendency, and draw the conclusion : The macroscopical economic indicator has a in various degree impact on earning ratio of all kinds of funds acting on the banking index. 文中首先对宏观经济周期以及宏观经济指标走势的研究,得出结论:宏观经济指标通过作用于金融指数,对各类基金的收益率产生不同程度的影响。