在最近的一份研究报告中，他抱怨道：“人们对利润没有敬意”因为投资者们选择把更高的利润完全看做是一个周期性的现象。
In a recent paper, he complains that "profits get no respect" because investors are choosing to view the higher profits as an entirely cyclical phenomenon.
这也是为什么汽车制造商们选择在法兰克福碰头，虽然他们相信以往周期性的强势反弹今年将不会发生。
That is one reason why the carmakers assembled in Frankfurt believe that the normal strong, cyclical rebound may not happen this time. There are plenty of others.
选择基础色白色与原材料的颜色相结合作为周期性的主题。
White as the base hue in combination with the "color" of untreated materials was chosen as a recurrent theme.
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