ost of the people cheering for the stock market to go up are in the accumulation phase of their careers, not the spending phase.

大部分人对股票市场在他们职业生涯积累阶段而不是在消费阶段上涨欢呼雀跃，他们仍然在向退休基金里面存钱，在几十年内他们也没有花掉它的打算。

youdao

This money will come in handy because it appears you'll soon enter into a high spending phase in June and the first half of July, so tuck some away for this period.

6月至7月上半月你有大笔消费，这笔钱恰好派上用场。 所以，为这阶段的花费，先存点钱。

youdao

Confidence started to wane when we weren't yet in an all-out implementation phase and appeared to be spending too much time on class diagrams, prototypes, scenarios, and so on.

当我们仍然没有进入实现阶段，并且花费大量的时间在类图、原型、场景等等上时，ASDI的信心有所滑落。

youdao

Google predictably cut down its spending during the recent recessionary phase.

FORBES: Too Much Capex Kills Google's Stock Price

We expect capital spending to remain high in the initial phase of expansion.

FORBES: DirecTV Rides To $44 Through Latin America

For its first three-year phase, the Panel expects to spending the first year consulting, observing and reviewing in order to develop a set of recommendations for biodiversity-responsible oil spill clean-up.

FORBES: Shell's New Biodiversity Action in the Niger Delta