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?
The obvious question iswhether all this is merely a cyclical upswing or whether Germany hasundergone some deeper, structural change.
TETRA公司通过油田和油井的试验业务,将资金以周期性上升方式投向了油田和气田的钻探周期的运营。
Through its fuilds and its well testing business, TETRA capitalizes on cyclical upturns in the oil and gas drilling cycle.
各国在对待移民态度上变得这么气量狭小不足为奇,这是周期性经济萧条和慢慢上升的富国边境压力协同作用的结果。
This illiberal turn in attitudes to migration is no surprise. It is the result of cyclical economic gloom combined with a secular rise in pressure on rich countries' borders.
事实上,GDP中利润所占的百分比看起来一直都在上升,因此即使低于平均标准的周期性复苏也可能会产生过多的利润。
In fact, the share of GDP accounted for by profits seems to be rising over time, so even a sub-par cyclical recovery may deliver outsized profits.
新兴经济体的需求和注重特殊化学品的战略共同推动了经营业绩周期性好转,这促使收益率上升。
Profitability has been improved thanks to a cyclical upturn driven by demand from emerging economies and a strategy of placing greater emphasis on specialty chemicals.
股市强势上升——甚至升个3到4年的周期性牛市——在长期大熊趋势中也是可能的。
Strong market rallies — even three - to four-year cyclical bull markets — can take place inside a longer bear market trend.
通常可取的做法是,当市场上升时,周期性的出售自己的资产,以便保持资产配置的稳定,以避免过多的风险敞口。
It is generally advisable to periodically unwind holdings as markets rise, so as to keep asset allocations stable and to avoid overexposure to risk.
关键问题在于,近期亚洲通胀率的上升是周期性的,还是结构性的低通胀局面发生逆转的初期迹象?
The key question is whether the recent rise in inflation in Asia is cyclical or the first sign of reversal in the structural disinflation trend.
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。
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。
Meanwhile, though the aerospace market is famously cyclical, the downward pressure on profits won't necessarily be relieved during the next market upswing.
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