轮周期

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1.
Stephen Green, HSBC chairman, said: "We have passed or are about to pass the bottom of the cycle in the financial markets. "
汇丰董事长葛霖（StephenGreen）表示：“我们已经走出或即将走出金融市场此轮周期的谷底。”
www.ftchinese.com
2.
When the cycle does turn down, the extent to which chemical businesses are hit depends on their position in the chain.
当本轮周期果真向下时，化工企业受到多达的影响，将取决于它们在市场链条中所处的位置。
www.ftchinese.com
3.
But it also highlights how investors have conflicting views on the potential length of this cycle.
但同时也突显出投资者对本轮周期可能持续长度的不同观点。
www.ftchinese.com
4.
Industry experts believe Lenovo has built up strengths that will help it in the next cyclical swing.
业内专家相信，联想实力的增强，可助其度过下一轮周期性波动。
www.ftchinese.com
5.
The sell-offs in January and May were a natural component of the second phase of this cyclical bull market.
1月份和5月份的下跌是本轮周期性牛市第二阶段的自然组成部分。
www.ftchinese.com
6.
The real question is whether Mr Henderson can remould GM for the long-term, rather than foster a cyclical revival.
真正的问题在于，韩德胜对通用汽车的改造能否有利于它的长期发展，而不只是促生一轮周期性的复苏。
www.ftchinese.com
7.
Whether emerging economies decouple from the US in the current cycle is merely a sideshow if you look beyond the next 12 months.
如果你将目光放在未来12个月以后，新兴经济体在本轮周期中是否与美国脱钩，不过是个小插曲。
www.ftchinese.com
8.
But investors need to be alert to the risk that the cycle could be shorter than many expect.
但投资者需要警惕一种风险：本轮周期可能比许多人预期的要短。
www.ftchinese.com
9.
In all bar one, multiples had fallen by more than half by the time the cycle came to an end.
除一个周期以外，几乎在所有周期中，市盈率在该轮周期结束前都下滑逾一半。
www.ftchinese.com
10.
In the previous cycle, dominated by Sony, programmers could address most of the market simply by writing games for the PlayStation 2.
在索尼操纵的上一轮周期中，程序员只需要为PS2制作游戏就能满足绝大部分的市场需求。
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