自然的，这些新的市场参与者可能对于利好或利空消息反应过度。

So these new market participants may react in an exaggerated way to good or bad news.

youdao

这是由消费者对未来预期的降低所造成的，毋庸置疑这归功于关于美国国债评级，欧洲和道琼斯残酷的利空消息。

That was led by a decline in consumer expectations of the future, no doubt thanks to relentless bad news about America’s credit rating, Europe and the Dow.

youdao

这是由消费者对未来预期的降低所造成的，毋庸置疑这归功于关于美国国债评级，欧洲和道琼斯残酷的利空消息。

That was led by a decline in consumer expectations of the future, no doubt thanks to relentless bad news about America's credit rating, Europe and the Dow.

youdao

So he sent out a fake--he bought -he shorted the company and he --the stock in the company- and he bought --he put out a fake press release saying that there was bad news for the company.

他散布假消息,他先卖空公司的股份,接着买入,然后他对外界放出假消息,说公司有重大利空

耶鲁公开课 - 金融市场课程节选