The once high-flying stock market has fallen more than 30 percent, since January 1, and inflation has ballooned.

曾经飞涨的股票市场下降了30%多。通货膨胀率从今年1月1号开始上升。

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Thanks to a robust stock market, school endowments have ballooned.

幸亏股市上扬，学校获得的资助也水涨船高。

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