A COLLECTION OF GOOD WORDS

通货膨胀

Inflation

Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they're likely to increase prices, since they've learned that if they don't, and inflation hits, their businesses will be wrecked.

经历过恶性通胀的企业对通胀的威胁变得警觉,这是可以理解的:一有通胀迹象,它们就可能提高价格,因为它们明白,如果不这样做,一旦通胀来袭,它们的企业就会破产。

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

事实上,商业和投资支出才是经济和股市的真正领先指标。如果你想知道股市的走向,那就忘掉消费者支出和零售数据吧。看看企业支出、物价通胀、利率和生产率的提高。

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