接下来,股市开始回升的时候,他会继续持有真正优秀的企业,卖掉平庸企业的股票,继续累积现金。
Next he holds on to the really great businesses as the market moves up, selling off the average businesses and letting the cash start to pile up.
欧洲借款人一直以来都在享受极低利率的好处,但当利率开始回升的时候,他们所要承担的成本也会对等地节节上升。
Much as European borrowers have been helped by ultra-low interest rates so far, they will also be exposed to rising costs when rates go up again.
2009年末,石油及其产品需求开始回升,但是仍远低于2006和2007年的水平。
At the end of 2009, oil and product demand began to recover, but they remain well below 2006 and 2007 levels.
随着用工率的回升,更多公司开始改进其员工推荐计划。
As hiring picks up, more companies are revamping their employee-referral programs.
在睡眠时下降的体温开始回升,人也更容易醒来。
Body temperature that has dropped during sleep starts to rise and the likelihood of waking increases.
然而,欧元区大部分国家的企业和消费者信心似乎开始回升。
Yet business and consumer confidence seem to be picking up across most of the euro area.
2009年秋季,人们几乎已经不管美元的死活。到这一年最后几个星期,美元开始反弹,今年第一季度继续回升。
After almost being given up for dead last autumn, the dollar continued to revive in the first quarter, extending a rebound begun during the final weeks of 2009.
美联储可能会在2012年下半年开始提高利率。但是,美国利率可能在未来许多年内都不会回升到其接近6%的历史平均水平。
The Fed may begin to raise rates in the second half 2012, but it will not climb to the historical average close to 6 percent for many years.
自那以后,注册人数开始回升,但是仍无法达到十年前的水平。
Since then, enrollment has rebounded, but it is nowhere near the levels at the beginning of the decade.
然而,还有一种可能,深深跌入低谷的广告营收,将会开始回升。
Yet it is also possible that advertising will begin to recover from severely depressed levels.
零售商也报告说,消费者表现出日益加大的消费意愿,热门旅游景点的人流开始回升。
Retailers also reported that consumers were showing a growing readiness to spend and traffic had picked up at popular tourism destinations.
这就意味着,一旦全球需求开始回升,这些国家的经济反弹势头将超过发达国家。
That means they are more likely to show a bigger rebound than more developed nations as global demand begins to improve.
房产刚开始爬出底部,汽车销售目前只回升了跌幅的三分之一,而待售的库存经过衰退中的激增,也在目前到达非常低的位置。
Housing starts have yet to climb off the bottom, automobile sales have recovered only a third of their drop and the ratio of inventories to sales, after spiking during the recession, is now quite low.
不过,即使美国经济开始回升,大多数经济学家依然认为,复苏将是缓慢的,失业率将在今后几个月里顽强地保持在高水平。
Even if the U.S. economy rebounds, most economists expect the recovery to be slow, with unemployment rates remaining stubbornly high for months to come.
值得注意的是,猪肉和蔬菜价格持续下降,而水果价格持续回升,鸡蛋和谷物价格也开始上涨。
Notably, meat and vegetable prices continued to decline, while prices remained elevated for fruits and edged higher for eggs and grains.
1996年,美国在全球IPO市场的份额开始下降,2001年达到最低水平,之后开始回升。
America's share of the global IPO market began to decline in 1996, hit rock bottom in 2001 and has risen again thereafter.
当三月份的时候气温开始回升,我在干洗店闲逛的时候,问王能不能帮我将我的自行车从工体哪里弄回来,把它给修好。
When the temperature climbed in March, I wandered by the dry cleaner and asked Wang if he'd help me pick up the bike from Worker's Stadium and get it going again.
乐观者说GDP增长在经历夏季的衰退后开始了回升。
CBRE表示,由于中国的经济增长令需求回升,空置率已开始回落。
CBRE says vacancy rates are starting to fall and rents are rising for the best buildings as China's growth buoys demand.
布京经济顾问Miguel Kiguel估计,当前阿根廷经济正以每年约2%的速度成长,人民信心开始回升。
Miguel Kiguel, an economic consultant in Buenos Aires, estimates that the economy is now growing at an annualised rate of about 2%. Confidence is starting to return.
经过企业合并,机票价格正在开始回升,但是尽管已有JetLite先例,戈亚尔先生还是认为低成本运作在印度是不可行的。
After some consolidation, prices are starting to rise. Nevertheless, despite his experiment with JetLite, Mr Goyal says low-cost carriers are not feasible in India.
20世纪八十年代,在东欧许多地区,这一数字因该地区的剧变开始下降,尽管随后又略有回升,但仍未恢复20世纪60年代的水平。
In much of eastern Europe it started dropping in the 1980s in response to the upheaval in the region, and despite a subsequent slight recovery it has still not regained the level of the 1960s.
随着今年股市回升,以及中国于6月份决定重启暂停达9个月之久的上海市场首次公开发行(IPO),这一趋势开始加速。
The trend has accelerated as markets recovered this year and following China's decision in June to resume initial public offerings in Shanghai after a nine-month suspension.
雷克萨斯美国东北部区域经理莱昂斯(Sean Lyons)说,雷克萨斯销售量11月份开始出现回升迹象,但部分原因是雷克萨斯将每年12月份的降价活动提前到11月21日开始。
Lexus sales have started to pick up in November, said Sean Lyons, a Northeastern regional manager for Lexus. But that is partly because Lexus started its annual December sale early, on Nov. 21.
雷克萨斯美国东北部区域经理莱昂斯(Sean Lyons)说,雷克萨斯销售量11月份开始出现回升迹象,但部分原因是雷克萨斯将每年12月份的降价活动提前到11月21日开始。
Lexus sales have started to pick up in November, said Sean Lyons, a Northeastern regional manager for Lexus. But that is partly because Lexus started its annual December sale early, on Nov. 21.
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