He says the rally that has been so enjoyable for stock investors is just a mini-cycle in that longer swoon.
他说,让股票投资者那么兴奋的反弹只是在这个更长期的低迷市中的一个微小周期。
The stock market's recent swoon, fueled by worries about the fallout from Europe's credit crisis, has pushed major indexes back within reach of a 10% correction.
欧洲信用危机影响的担忧导致近期股市不振,推动主要股指接近10%的调整区间。
That was less than they took out of bond funds, even though the stock market had just gone through a nauseating summer swoon.
这个比例甚至低于他们从债券基金里的撤资幅度,尽管刚刚过去的这个夏天股市的走势让人很不顺心。
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