Stock Market Climbs to New High(1/2)

Tuesday's record setting pace came on the second straight day of sharply lower oil prices.

周二的油价交易记录已经又一次创下了历史新低。

Alec Young is an Equity Market Strategist at the investment-rating firm Standard & Poor's. "After peaking in July $70 a barrel, West Texas intermediate crude oil is currently trading at $59 a barrel -- down about 25 percent. And we think one of the big drivers of that is an anticipation of slower growth, not only in the U.S., but globally."

Alec Young 是投资等级级别机构标准普尔的一位平衡市场投资的战略家."在七月达到每桶70美元的高点后,基准西德州轻质原油目前的成交价为每桶59美元,下降了25%。我们认为最大的原因是一个已经预计到的缓慢增长。不仅在美国,全球也是如此。

And that's helping to ease inflation concerns among investors. It's also putting more cash back into consumer's pockets.

这将有注于减缓通货膨胀给投资者带来的不安.也帮助消费者节约口袋中的钱。

Overall, Young says the economic picture looks favorable. "We have a more benign inflation outlook, the Federal Reserve is widely expected to be done raising rates now and people are looking ahead to possible easing of interest rates, that tends to be a better for the economy, help the economy continue to grow, albeit at a slower pace."

总的来说, Young认为经济前景看起来是乐观的。"现在我们有比较良好的通货膨胀前景,联邦储备也按照广大人们的期待增加利息,人们也在盼望利率的下调,这样应该有更好发展经济的趋势,帮助经济继续增长,虽然还是较慢的步伐。

posted on 2006-10-10 17:23 Daisy 阅读(394) 评论(0)  编辑  收藏 所属分类: 【标准VOA】 网摘收藏