And then in the parentheses we'll see in a moment, it tells me what folder I am inside of.
圆括号里的东西,告诉我们,我们现在正处于哪个目录下。
So my feeling is if we are in downturn it's quite likely to be mild like the last two.
所以我感觉,若要说我们正处于经济衰退,那也很可能和那两次一样轻微。
Unfortunately we're in this collapse situation in the economy so the Fed has a problem.
不幸的是,我们正处于经济中的这种崩塌的情形中。
You can see that I'm saying about fifteen-- fifteen times earnings is typical, but we're in a high price-to-earnings scenario now.
你可以看出我提到的15这个数字,收益的15倍是最有代表性的,但我们现在正处于一个高市盈率的时期
So I by that indicator we are in a recession and we don't know that it's over yet; it's been falling.
所以我,通过那个指数,我们正处于经济衰退时期,并且我们不知道它是否结束;它一直在下降。
I think that we are in a difficult situation but maybe let's not panic about it.
我认为我们正处于一个困难时期,但是也许我们不用为此而恐慌。
This behavior recently, I think, confirms that we are living in a very unusual time in the housing market and it's going to put a lot of stress on us.
我认为,这种表现验证了,我们正处于房地产市场的特殊时代,而且这将对我们产生很大压力
What they're really doing is just we're facing this seize up of our financial system so we have banks that we've just seen the failure of Bear Stearns which is actually a broker-dealer.
他们真正在做的只是,我们正处于金融体系失灵的阶段,所以我们有这种银行,我们刚刚目睹了经纪自营商,贝尔斯登的失败。
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