In 2007，the US stock market fluctuated in March，went up in April，and shocked in July and August，and rose substantially from the end of the third quarter. For the bond market，the yield of secondary bonds and junk bonds market was increased in the first quarter and the corporate bond of investment-grade market rose sharply till the end of September. The Europe stock markets had quite similar trends with the US stock market，which shows that the worldwide stock markets tend to fluctuate simultaneously. For China in 2007，the stock market went up with fluctuations，which in general was a “bull market”；however，the bond market was a “bear market”，and investment fund business is developing rapidly. For the prospect of 2008，the China economy will keep going well，increasing return of list companies will improve the development of capital market and continual appreciation of RMB will provide the support for stock market. Therefore，China stock market will maintain bull market，the development of bond market is promising and the fund market will keep grow fast.