As a result, its activities are shifted relative to the external cycle of the new environment.

因此，它的活动相对于新环境的外部循环发生了转移。

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He expects councils to lobby developers for new homes, as the lure of cash for swimming pools or cycle paths outweighs the "relative inconvenience" of construction.

他期待地方议会游说开发商建造新房屋，并补贴资金用以建造游泳池和环形通道以取代“相对来说不甚方便”的建筑结构。

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Credit relative to GDP, then, does not grow in a straight line, thanks to the economic cycle. But even in the longer term a rising trend is not inevitable.

由于经济周期，贷款与GDP的比并不总是呈直线增长，但从更长期看增长势头并不是不可避免。

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And the Born-Haber Cycle allows you to see what the relative values of the different energy components are.

波恩哈伯循环能使我们,看看不同能量成分,相对值是多少。

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So, you have to pay a lot of attention to overbought and oversold oscillators, and these could be very long-term ones that run from one to three to five months, so that you are buying at the bottom of a relative strength cycle instead of buying at the top.

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Therefore, sellers of the portfolio protection that typically hedge will sell more SPX futures in the first week of a five-week expiration cycle relative to the first week of a four-week expiration cycle.

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So, we have an economy that's expanding, we have earnings that are expanding, we have things that are perfectly obvious like, in the nonbank world, the strongest balance sheets relative to an economic cycle that we've ever seen.

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