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考研英語沖刺閱讀理解專項訓練3Forecasters who thought the economy might have turned the corner in January after a frighteningly bad December were hoping for more good news this monthThey arent getting it Barely halfway through February,the first few signs have some economists thinking that Januarys modest good news was an aberration and that the economy remains on a downward slide “January and December were so different that Februarys going to tell you a lot”says Ethan Harris,a senior economist at Lehman Bros“The early signs are not good” Retail sales,which rose in January,have fallen in February,according to Redbook numbersSo have car salesInitial unemployment insurance claims,which fell in January,are rising again,despite a slight downtick Thursday Prices for bellwether commodities such as lumber and computer chips have plummeted。a signal that demand continues to shrivelAnd after roaring ahead earlier,the stock market has given up most of its gains for the year Just Tuesday,F(xiàn)ederal Reserve Chairman Alan Greenspan told a Senate committee that the exceptional weakness that made Decembers data so grim“apparently did not continue in January” Among other things,consumers returned to malls and auto dealers in heartening numbers “Id never be so presumptuous as to second guess(Greenspan),”says Jason Trennert,managing director of International StrategyInvestment“But our own data suggest that whatever modest acceleration in economic activity we saw in January has started to fade” Trennert says what happened in January was probably just a temporary bounce sparked by milder weather and aggressive discounting by retailers Harris says both December and January were exaggerations and that February looks more like reality“Really, what you have is a manufacturing recession and moderate growth in the rest of the economy?!県e saysLike most analysts,Lehman Brosis forecasting very slow growth but no recession.But economists have been revising their views a lot lately,and the indicators have been unusually confusin9typical of a period when the economy is at a turning point。Despite Februarys gloomfor example。a key gauge of manufacturing activity in the Philadelphia region improved slightly Thursday,as did a nadonal home builders survey With consumer psychology crucial to what happens next,economists are eager to see today as University of Michigan consumer sentiment surveyConsumer confidence plunged from Novembers 16 level to 947 in January,leading Greenspan to warn that continued erosion could open the door to recession Though most economists expect just a slight drop for February,the downside is worrisomeSays lan Shepherdson of High Frequency Economics:“If the Michigan Survey drops 5 points(today)。weve got a real problem”438 words 1Alan Greenspan thought that_ Athe economy might have somewhat revived in January Bthe economy remained on a downward slide in January Cthere would be no recession in February Dthere would be a slight growth in February 2Few economists believe that_ Athere was an obvious economic growth in December Bthere was a slight economic growth in January CJanuarys economic growth was abnormaJ Dthe early economic signs for February were discouraging 3Jason Trennert believes that what Alan Greenspan said about the economic situation_. Ain December was hardly credible Bin January was sensible Cin January turned out to be wrong Din February was plausible 4The economistsprediction about the future economic situation is based to a large extent on_. Athe analysis of consumer confidence Bthe present economic situation Ccurrent prices for bellwether commodities Dwhat Alan Greenspan has warned 5From this passage,we learn that_ Athe economy is unlikely to drop in February Bthe economy is likely to drop tremendously in February Cconsumer confidence accounts for nothing at all Dthe economy is at a turning point 難句透析 Barely halfway through February,the first few signs have some economists thinkin9”that Januarys modest good news was an aberrationand”that the economy remains on a downward slide【結構】本句謂語動詞“have”的賓語是“some economists”;現(xiàn)在分詞短語“thinking”是賓語補語;方括號標示的兩個“that”從句是“thinking”的賓語從句。【釋義】2月份剛過半個月,就有若干跡象令經濟學家想到1月份經濟有所好轉的消息不太正常,經濟仍在下滑。 Initial unemployment insurance claims,which fell in January,are rising again,despite a slight downtick Thursday【結構】本句的主語是“claims”,謂語動詞是“are rising”;非限制性定語從句“whichJanuary”修飾“claims”。【釋義】盡管星期四股票交易略低于前盤,1月份有所下降的初始失業(yè)保險申領目前又在上升。 Prices for bellwether commodities such as lumber and computer chips have plummeted,a signalthat demand continues to shrivel【結構】本句的主語是“Prices”,謂語動詞是“have plummeted”;“a signal”是后置的名詞短語,補充說明主句意思;方括號標示的“thatshrivel”是“signal”的同位語從句。【釋義】諸如木材和計算機芯片這些主導商品的價格已經大幅度下降,這是需求繼續(xù)萎縮的跡象。 “Id never be so presumptuous as to second guess(Greenspan),”says Jason Trennert,managing director of International StrategyInvestment“But our own data suggestthat(whatever modest acceleration in economic activity we saw in January)has started to fade【結構】方括號標示的“thatfade”是“suggest”的賓語從句;圓括號標示的“whateverJanuary”是其中的主語從句?!踞屃x】國際策略和投資部的總經理耶遜特倫耐說:“我絕對不會那么主觀臆斷,以至于懷疑格林斯潘的說法。但是,我們自己的資料表明,無論1月份我們見到經濟有多少好轉,現(xiàn)在已經開始回落。” But economists have been revising their views a lot lately,and the indicators have been unusually confusingtypical of a periodwhen the economy is at a turning point【結構】本句是由“and”連接的兩個分句組成的并列句;破折號后面的部分是對主句意思的補充說明;方括號標示的“whenpoint”用做后置定語從句,修飾“period”?!踞屃x】但是,最近經濟學家一直在大幅度修正自己的觀點,經濟指標一直很令人困惑。這是經濟轉折階段的典型特點。 Consumer confidence plunged from Novembers 16 level to 947 in January,leading Greenspan to warnthat continued erosion could open the door to recession【結構】在本句中,現(xiàn)在分詞短語“l(fā)eadingrecession”用做伴隨情況狀語;方括號標示的“thatrecession”是動詞不定式“to warn”的賓語從句。【釋義】 消費者的信心指數(shù)從月份的16下滑到了1月份的947,以至格林斯潘警告說,持續(xù)信心下降可能會打開走向衰退之門。 全文翻譯 一些預測家們認為,經過月令人沮喪的低潮之后,1月經濟將會轉危為安。他們仍在期待這個月會有更好的消息。但是他們的希望會落空的。 2月份剛過半個月,就有若干跡象令經濟學家想到1月份經濟有所好轉的消息不太正常,經濟仍在下滑。 萊曼兄弟資深經濟學家伊桑哈里斯說道:“月和1月情況很異常,2月份將會透露很多信息。早期的跡象并不是什么好征兆?!?根據(jù)紅皮書調查數(shù)據(jù)來看,1月份呈上升趨勢的零售銷售在2月份有所下降。汽車銷售面臨同樣局勢。盡管星期四股票交易略低于前盤,1月份有所下降的初始失業(yè)保險申領目前又在上升。 諸如木材和計算機芯片這些主導商品的價格已經大幅度下降,這是需求繼續(xù)萎縮的跡象。經歷早期上漲之后,股市目前已經損失了全年大部分的收益。 就在星期二,聯(lián)邦儲備委員會主席艾倫格林斯潘告訴某一參議員:令月經濟數(shù)據(jù)看起來如此殘酷的那些“意外的缺陷”在接下來的1月份“不會再出現(xiàn)”。此外。聽到那些振奮人心的數(shù)據(jù)后,消費者會重新返回到商場和汽車經銷商那里去。 國際策略和投資部的總經理耶遜特倫耐說:“我絕對不會那么主觀臆斷,以至于懷疑格林斯潘的說
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