今天我們開始讀《經(jīng)濟學人》2022.2.18的一篇經(jīng)濟類文章。

下面先看一看文章標題吧。

Still aloft?

Inflation will be harder to bring down than markets think?

aloft，指high in the air，在高空。標題意為：仍在高空，刷微博的時候看到有人翻譯成“居高不下”，更通順一點。

從描述中可以看到，這篇文章主要講通脹問題。今天時間有限，我們先讀文章的第1段。

2.27晨讀Still?aloft

音頻：

00:00

00:45

合集

#晨讀

12個

Paragraph 1

Given how?

woefully

?stock and bond?

portfolios

?have performed over the past year or so, you may not have noticed that financial markets are?

floating

?high on?optimism.?Yet there is no other way to describe today's investors, who since the autumn have increasingly bet that inflation, the world economy's biggest problem, will?

fall away

?without much fuss. The result, many think, will be cuts in interest rates towards the end of 2023, which will help the world's major economies—and most importantly America—avoid a recession. Investors are?

pricing

?stocks for a?

Goldilocks

?economy in which companies' profits grow healthily while the cost of capital falls.?

內(nèi)容大意：考慮到股票和債券投資組合在過去一年左右的糟糕表現(xiàn)，你可能還沒注意到，金融市場因樂觀而高漲。除此之外，沒法描述如今的投資者，入秋以來，他們就更多地下注，通脹，這一全球經(jīng)濟的最大問題，會自己消退。很多人認為，結(jié)果是利率會削減到2023年底，幫助世界主要經(jīng)濟體，最主要是美國，躲過經(jīng)濟衰退。投資者在為“金發(fā)女孩經(jīng)濟”定股價，這是一種公司利潤健康增長，而資本成本下降的經(jīng)濟狀態(tài)。

表達學習：

1.?

woeful

ADJ [usually before noun] very bad or serious; that you disapprove of 糟糕的；嚴重的；不合意的；( literary)?( formal ) very sad 悲慘的；憂傷的

例句：The economy is in a?

woeful

?state.

該國的經(jīng)濟情況糟糕透頂。

解析：除了悲傷的，woeful還有糟糕的；嚴重的；不合意的意思，可以用

來

替換bad, terrible, awful.

2.?

portfolio?

N?In finance, a?portfolio?is the combination of investments that a particular person or company owns. 投資組合

stock and bond?

portfolios?

股票和債券投資組合?

3.?

float

V?to move slowly on water or in the air?浮動;飄動;飄移/(economics)?if a government?floats?its country's money or allows it to?float?, it allows its value to change freely according to the value of the money of other countries?

（使貨幣匯率）自由浮動

原文例句：financial markets are?

floating

?high?on optimism.?

金融市場在樂觀上浮動。

4.?

fall away?

背離；背叛；減弱；漸退

5.

?price

V [usually passive]?~ sth (at sth)to fix the price of sth at a particular level 給…定價；為…作價

例句：A?reasonably

?priced?

product.

該商品定價合理。

詞塊積累

1.

?

Goldilocks?

金發(fā)女孩經(jīng)濟

指某個經(jīng)濟體內(nèi)高增長和低通脹同時并存，而利率可保持在較低水平的經(jīng)濟狀態(tài)。也就是既不過冷，又不過熱的溫和增長經(jīng)濟狀態(tài)。