2000年起美股进入绵绵不断的熊市(secular bear market ),期间又夹杂不少周期性小牛市(cyclical bull market ),情况有如1966年至1982年的大熊市,16年时间内,有些日子表现有如牛市...
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If by bear market you're talking about what's called a secular bear market.
如果你所说的是那个叫做“长熊市”的熊市。
If this secular bear market lasts as long as the last secular bull market, we're only a little more than halfway through it.
如果这个长熊持续时间和上一个长牛一样长的话,我们才走过了一半多一点。
It is beginning to look as if we are in the middle of another of those great phases, what commentators call a secular, as opposed to a cyclical, bear market.
现在的境况开始让人觉得我们似乎处在又一个重大的历史阶段之中,相对于周期性的熊市,评论家们把这个阶段称为长期性熊市。
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