However, the picture for equity investors is not necessarily one of total gloom.
然而，股票投资者的前景不是满目萧条。
THE past few years have not been kind to Wall Street's equity analysts.
过去的几年对华尔街股票分析师来说并不好过。
That may not bother state oil companies much, but it ought to worry private-equity firms.
或许我们不应该过于紧张国有石油公司，而是应该担心一下私人股本公司。
But it is not a substitute for common equity.
但是它不能替代普通股。
If that did not work, there could be forced conversions of debt into equity.
如果这不奏效，还可以强制将债务转成股本。
Equity therefore does not destroy the law, nor create it, but assist it.
因此衡平法既没有摧毁普通法，也没有创造普通法，而是为其提供帮助。
However, many of us do not understand the meaning of home equity.
然而，许多人并不理解这句话的含义置股权。
However, brand equity is not always positive in value.
然而，品牌资产不是总能价值为正。
Quite simply, equity will not suffer a wrong without a remedy.
道理很简单，衡平法绝不容忍恶行零成本。
But superior economic growth does not necessarily translate into equity returns.
但较高的经济增长并不一定会转变成股票回报。
But superior economic growth does not necessarily translate into equity returns.
但较高的经济增长并不一定会转变成股票回报。
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