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▍原文
To most investors, navigating today's stock market is as treacherous as walking the plank. But for luxury investors, it's more like strutting down the catwalk.
The United States may very well be hurtling toward a recession and the Nasdaq is suffering its worst 100-day performance on record. But luxury spending is up 14% year to date, according to Bank of America data.
Though China's Covid-related lockdowns have shuttered luxury stores, increased demand in the US and Europe has offset those losses.
▍语言点
1. navigate /ˈnævəɡeɪt/ v. 导航,指引方向
· navigate the stock market 投资股市(invest in the stock market)
2. treacherous /ˈtretʃ(ə)rəs/ adj. 暗藏危险的,危机四伏的
· treacherous mountain roads 危险重重的山路
3. walk the plank 被迫辞职;毁灭;走木板
· Whoever is in charge should be made to walk the plank.
谁负责这件事,就应该让他辞职。
4. strut /strʌt/ v. 昂首阔步,趾高气扬地走
5. catwalk /ˈkætwɑːk/ n. 猫步; T台(runway)
· strut down the catwalk 像模特走T台一样气场全开
6. may (very) well do sth. 很有可能做某事,某事很有可能发生
· What you say may very well be true.
你说的很有可能是真的。
7. hurtle /ˈhɜrːt(ə)l/ v. (向某个方向)飞驰,猛冲(to move fast in a particular direction)
8. recession /rɪˈseʃ(ə)n/ n. (经济)衰退,萎缩
· hurtle toward a recession 朝着经济衰退疾驰而去
9. year to date 从年初到现在的这段时间(YTD)
10. offset /ˌɑːfˈset/ v. 抵消,弥补
· Prices have risen in order to offset the increased cost of materials.
通过涨价抵消原料成本的增加。
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