Martin Fridson argues the defaults on high yield are at historic lows: about 3% now versus 4.5% historically – which puts the spreads in a different light.

马丁•弗里德森争辩说，对高收益的拖欠亦创下了历史最低记录：现在只有近3%，历史均值为4.5%。 这样，又需要换个视角来看待息差。

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That suggests it will take a long time before American house prices surge again, or before spreads on high-yield corporate debt get down to the lows seen earlier this year.

这也就是说，离美国房价的再次暴涨，或者说，在再次看到今年初高收益公司债券利差降到低点的情况之前，还有很长一段时间。

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While commodity prices have rebounded from the lows of the past 18 months, many mining companies remain wary of reviving high-cost plans.

而当大宗商品价格从过去18个月的低位反弹过后，很多矿企仍然不太敢于重新启动各种高成本的规划。

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Chart Analysis : The weekly chart of the high-grade copper futures shows an uptrend from the October lows, line b.

FORBES: 2 Ways to Play Copper's Seasonal Strength

There were 880 new lows on the high-tech Nasdaq index, while some of the biggest names in technology are now worth less than half their market value just a few months - or even days - ago.

BBC: Tech shares battered on Wall Street

But by Wednesday, the high in Atlanta will be in the 50s, and lows will reach the mid-30s.

CNN: Weird weather: Temperature extremes coast to coast