The mix of fees has changed since the last cycle.

投资银行的服务费收入构成从上个周期开始已经发生了改变。

youdao

The turning point of the last cycle, he believes, was the merger of AOL and Time Warner.

他相信美国在线和时代华纳的合并是上个周期的转折点。

youdao

Take the Labour market. At 7.9%, the euro zone's unemployment rate is roughly where it was at the peak of the last cycle, in late 2000.

首先是在劳动力市场，欧元区的失业率在2000年末在跌到了谷底，达到了7.9%时。

youdao

OK, last day, you talked about the Born-Haber cycle, and octet stability via electron transfer.

言归正传，昨天我们讲的是伯恩哈勃循环，和8电子稳定结构。

麻省理工公开课 - 固态化学导论课程节选

The Goldman analyst notes that the stocks are trading at about 10x normalized EPS, but in the last cycle dropped to 4x-7x.

FORBES: Applied, Lam Slide; Goldman Warns Of Slowdown Ahead

At 7.9%, the euro zone's unemployment rate is roughly where it was at the peak of the last cycle, in late 2000.

ECONOMIST: The euro area's economy

Last cycle, from late 2002 to 2007, was consumer electronics (iPods, Blackberries, GPS, Googling, for example), industrial infrastructure (roads, bridges, ships, airplanes, cranes) and natural resources.

FORBES: Magazine Article