The stock market crash marked the beginning of the Great Depression -- a long,slow,painful fall to the worst economic crisis in American history.
VOA: special.2011.02.17
It emphasizes the long run performance of the stock market, but it's really a general treatise of financial markets.
虽然这本书着重于股票长期投资,但它其实是一本关于金融市场的综合性著作
The stock market is the best investment for long-term holders who can just buy and hold through the ups and down of the market."
对于那些能在股票市场的跌宕起伏中,一直持股的长线投资者而言,股票市场是最佳的投资
Just has indicates the New deal, the new deal, most of the key people in new deal were for big government intervention, long before there was a stock market crash.
就像新政所证明的一样,大多数起草新政的关键人物,都赞成大规模政府监管,早在股票市场崩盘之前他们就这样想了。
As a result, people invest in banks -the stock of banks -because they understand that these people have a long-term relationship with business and they are immune from the adverse selection.
结果呢,人们就会投资于银行,即购买银行的股票,因为他们知道,银行家和企业界保持着长期的关系,他们可以免受逆向选择之害
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