The obvious question iswhether all this is merely a cyclical upswing or whether Germany hasundergone some deeper, structural change.

问题很明显，这一切究竟只是一种周期性上升，还是意味着德国已经从深层的结构问题中起死回生？

youdao

This is giving the US consumer a false sense of wealth and wellbeing, he believes, arguing that US data merely reflect a temporary upswing in a large cyclical downturn.

他认为，这给美国消费者带来了一种虚假的富有和幸福的感觉，他辩称，美国数据只是反映出一段大规模周期性低迷期间出现的暂时回升。

youdao

Meanwhile, though the aerospace market is famously cyclical, the downward pressure on profits won't necessarily be relieved during the next market upswing.

同时，尽管航天市场的周期性众所周知，但在下一个市场上升周期，利润面临的下行压力未必会减轻。

youdao

Sure, but Moorman and many on Wall Street argue that this isn't just a cyclical upswing.

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Europe's appetite for fiscal reform, which is urgently needed in view of demographic trends, has diminished since the advent of the euro, and may disappear altogether as the cyclical upswing flatters the public accounts.

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The challenge now is to turn this cyclical bounce into a more sustained upswing above all, one that can make a big dent in Europe's mass of unemployment.

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