Long-term investors can still take advantage of temporary panics and mispricings to build positions at low costs.

长期投资者仍然能够利用暂时的恐慌和错误定价在低成本时期建仓的优势。

youdao

But optimists still regard that risk as remote. Today's deflation, they argue, is nothing more than the temporary consequence of falling fuel costs.

但乐观主义者们仍认为这种风险距离遥远，他们认为今天的通缩只不过是燃料费用下降的暂时结果导致。

youdao

Today's deflation, they argue, is nothing more than the temporary consequence of falling fuel costs.

他们表示，目前的通货紧缩之不过是燃油成本下降带来的短暂后果。

youdao

Now anyone of these would be a major headache for a money-losing operation that thinks marketing costs are temporary.

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No employer is going to hire a worker based on such a small and temporary decrease in employment costs, as this year's tax holiday has demonstrated.

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This rigidity means that firms cut their labour costs through hiring freezes and by sacking temporary employees, rather than by reducing pay rates.

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