艺术市场一个世纪的历史上最长的牛市在达米安·赫斯特的56幅作品售出后戏剧性地结束了。
The longest bull-run in a century of art-market history ended on a dramatic note with a sale of 56 works by Damien Hirst.
自从2003年全球牛市开始以来，新兴亚洲市场的股票以美元计增加了210%，而同期拉丁美洲的股票平均增加了440%。
Since the start of the global bull market in 2003 emerging Asian shares have gained 210% in dollar terms, compared with an average of 440% in Latin America.
发生在长期牛市早期的倒退，比如1987年股市崩盘，出人意料地迅速得到纠正，没过多久，市场就重现乐观情绪。
Setbacks like the 1987 crash, which occurred early in that long bullish period, are remedied with unexpected speed, and before long optimism returns to markets.
越来越有用的价格信息和越来越旺盛的需求使得新兴的红酒市场成为了一个美酒的牛市。
Better availability of price information and more demand for wine in emerging markets has created a fine-wine bull market.
在如此持续的牛市行情之后，即使是最冷静的人现在也表示，虽然目前的市盈率超过50倍，但市场仍可以继续上冲。
After such a sustained bull run even the most sober-minded are now saying the market can continue to rise in spite of prices that are more than 50 times earnings.
但正像是“洛奇特权”一样，牛市也已经养成了这样一种习惯，那就是它在金融市场上的持续时间，要比大多数人预料的时间长的多。
But just like the Rocky franchise, bull runs on financial markets have a habit of going on much longer than most people expect.
最近的牛市显示我们正在接近紧缩的底部，而且低估了大陆市场的通货膨胀前景引起的反弹。
The bull case is that we are near the end of tightening and that undervalued mainland equities will rebound on an improving inflation outlook.
对于大宗商品的大牛市，它的推动力在于新兴市场的快速增长。
When it comes to the commodities supercycle, the driving force is the rapid development in emerging markets.
如果这周数字上涨到原来的5%或者更多，那么股票市场将是牛市。
If this week's number comes in higher than that reading by 5 percent or more, it would be bullish.
对冲价格并不是一成不变的，当市场波动增加、投资者需求旺盛时，对冲价格也会增加；而在牛市中，对冲价格会有所下降。
The price of hedging varies, rising when markets are volatile and investors most need it, and declining during bull markets.
市场看好，股票价格有望上涨，这种股市被称为牛市。
If the market is thought to be good and prices on the Stock Exchange are thought to be likely to rise, the market is called a bull market.
Millward Brown Optimor的研究显示，具有强大品牌价值的公司和产品能明显获得较高的回报，无论是在牛市还是在最近的市场低迷时期。
The Millward Brown study showed that products and companies with strong brand value enjoyed markedly stronger returns in good times and also during the recent market downturn.
一位曾经准确预测熊市的精明的市场观察家表示：下一轮牛市即将开始，并且它将是一个更大的牛市。
A savvy market watcher, who has been correctly bearish on stocks, says the next bull market will likely start soon — and it should be a big one.
股票市场缺少信心的另一面是固定收益市场过渡扩张的牛市，巴菲特说。
The flip side of the lack of confidence in stocks is an overextended bull market in fixed-income securities, Buffett said.
我们看到在上一个牛市阶段促使他们成功并造就繁荣的业务模式，在衰退后的市场中将不会起到同样效果。
We see that the business model that propelled success during the last bull market and economic boom isn't going to work as well in the economy that is likely to emerge after the recession.
在牛市中太过兴奋和在市场下跌时盲目恐慌一样危险。
Taking too much joy in a bull market can be just as dangerous as panicking mindlessly in a market fall.
2007年的大牛市，我们目睹了狂热的市场，但却是理性和机构投资者的数目？
The great bull market in 2007, we witnessed the frenzied market, but rational and a number of institutional investors?
你所要做的就是在熊市的底部，但是市场开始恢复的时候开始你的选股，然后搭上下一个十年牛市快车，对吧？
All you have to do, it turns out, is start your picks in the bottom of a bear market but close to a recovery, then ride out the next 10-year bull market, right?
上次市场跨到200日移动平均线以上时正好是在一年前，于是市场从9月到12月间呈现了一个大牛市。
The last time we moved off the 200-day moving average was just under a year ago, when we had a great September to December bull run.
典型地说，当市场在顶部时，异口同声地看多的人最多；在重大的底部时，很少有人持牛市的观点。
Bullish coe us is typically at its high when the market is at a top. Also there are few bulls at major bottoms.
典型地说，当市场在顶部时，异口同声地看多的人最多；在重大的底部时，很少有人持牛市的观点。
Bullish consensus is typically at its high when the market is at a top. Also there are few bulls at major bottoms.
Buckland的报告里也包含了一张类似的图表，同样显示当前市场的市盈率已经降到了1982年以来的最低点，1982年是上个世纪80年代那场大牛市的开端。
Buckland has a similar chart in the report that shows the multiple has dropped to the lowest level since 1982, when the 1980s bull market began.
在2002-12年大宗商品牛市期间，“许多(新兴市场)经济体都有经常账户盈余，”他说。
During the commodity bull market of 2002-12 "many [EM] economies were operating current account surpluses", he says.
然后，强大的管理和保存的市场能够使A股市场的牛市的重量？
Then, strong management and save the market be able to make A shares to the bull market weight?
索特在一次简短的交谈中说，我是把目前的市场作为新一轮的牛市来交易的。
I'm trading this market like it's a new bull market, 'Saut said in a brief chat.
索特在一次简短的交谈中说，我是把目前的市场作为新一轮的牛市来交易的。
I'm trading this market like it's a new bull market, 'Saut said in a brief chat.
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