"There seems to be a predominance of short-term thinking at the expense of long-term investing," said Commissioner Daniel Gallagher of the US Securities and Exchange Commission in a speech this week.

本周，美国证交会委员丹尼尔·加拉格尔在一次演讲中表示：“短线思维似乎已占据主导地位 ，其代价是长期投资受损。”

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On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.

关于第二个问题，中国实施有管理的浮动汇率制度，这一机制符合中国长远和根本的利益。

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The results show that Chinese foreign exchange reserve long-term equilibrium demand and actual scale inconsistencies, margin over time constant changes, and more than a moderate scale.

结果表明我国外汇储备长期均衡需求与实际规模并不一致，差额随时间推移不断变化，并且超过了适度规模。

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The long-term chart of the exchange rate shows that it is barely a blip, as the long-term downtrend (line a) goes back to 1976, when the rate was 305 yen per dollar.

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The other, fee-based side of its business involves managing long-term investor assets in exchange-traded funds, mutual funds and money market accounts.

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He believes the nation would be best served by a short, sharp, electric-shock-therapy approach, enduring the short-term pain of austerity in exchange for the long-term gains derived from being part of a better European economy.

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