Over the business cycle, stockmarket returns are also like Mr O'Rourke's one-person birthday party.

在商业周中，股市收益也像是奥罗克先生一人的生日聚会。

A recession is typically defined as two negative quarters of economic growth and as part of the normal business cycle.

经济衰退通常被定义为度的经济负增长，是正常商业周的一部分。

Perhaps the business cycle is now on the cusp of turning.

或许商业周现在正处于转折点。

A recession is typically defined as two negative quarters of economic growth and is part of the normal business cycle.

经济衰退通常被定义为经济在度都呈负增长，它是正常的商业周的一部分。

GE is a company that's widely admired for being global, dealing with the cycles of the different businesses they're in.

通用电气（GE）公司是一家享誉全球的公司，主要负责处理其行业内不同商业周的业务。

This is the economic or business cycle.

这就是经济或商业周。

So we're at a particular moment in the business cycle, I think.

所以我认为我们正处于商业周的特定时刻。

But he doesn't want to see the bust part of the business cycle happen again.

但他不想看到商业周的萧条部分生。

Still, the strangest business cycle in living memory is not over yet.

尽管如此，人们记忆中最奇怪的商业周还没有结束。

Commercial aviation is a lot more cyclical, a lot more volatile as we've seen through the pandemic.

商业航空的周性更强，更不稳定，正如我们在疫情看到的那样。

Look beyond big tech, propelled by the tailwinds of AI, and bosses' main concern is the business cycle.

除了受人工智能推动的大型科技公司之外，老板们主要关心的是商业周。

Few Americans attribute this solely to such obvious causes as a devalued dollar or the turning of the business cycle.

很少有美国人将此完全归因于美元贬值或商业周的转变等明显原因。

21.Few Americans attribute this solely to such obvious causes as a devalued dollar or the turning of the business cycle.

21.很少有美国人将这仅仅归因于美元贬值或商业周转变等明显原因。

Its dominance was eroded by the ideas of Friedman himself, who linked variations in the business cycle to growth (or decline) in the money supply.

它的支配地位逐渐被将商业周的变化与货币供应的涨跌联系起来的弗里德曼自己的思想所蚕食。

He believed that boom-time malinvestments were responsible for the subsequent bust, much as binge-drinking is responsible for the next morning's hangover.

哈耶克对商业周波动起伏颇为关注，对学生讲解时口音浓重，因此他的学生戏称这位奥地利籍的教授为“波动先生”。他认为繁荣时的不良投资将导致日后破产，这好比饮酒作乐会引起第二天早上的宿醉不适。

The rainmaker—much like the modern-day central banker—may attempt to smooth out the business cycle, literally dampening things down when they get too hot.

造雨者——很像现代的央行行长——可能会试图平缓商业周，当事情变得太热时，它确实会降温。

Moreover, economies typically recovered much more slowly from recessions triggered by financial crises than from those caused by fluctuations in the business cycle.

此外，经济体从金融危机引的衰退中复苏的速度通常比从商业周波动引起的衰退中恢复的速度要慢得多。

" The housing cycle IS the business cycle" , wrote Edward Leamer of the University of California, Los Angeles, in a paper published in 2007.

住房周就是商业周” ， 加州大学洛杉矶分校的爱德华· 利默 ( “ Edward Leamer)在 2007 年表的一篇论文中写道。

Knowledge Management Product and process knowledge should be managed from development through the commercial life of the product up to and including product discontinuation.

知识管理 产品和过程知识应从开到产品的商业生命周进行管理，直到产品停产。

But this would be an odd conclusion to draw from economic growth that, while robust, has presumably not escaped the business cycle entirely, as recent disappointing consumer-confidence and housing data demonstrate.

但从经济形势中得出这一结论很奇怪，因为虽然经济增长强劲，但大概率并未完全逃脱商业周的影响，最近令人失望的消费者信心和房地产数据就表明了这一点。