Earnings momentum has also been weakening. 企業(yè)盈利增長(cháng)勢頭也在放緩。
In an environment where reflation of asset values, and growth in profits, may slow, we are investing more selectively. 在目前資產(chǎn)價(jià)值回升及企業(yè)盈利增長(cháng)步伐可能放緩的環(huán)境下,我們的投資更具選擇性。