【例文・単語帳】20-01-09_Why the crazy upward march in stock prices might just continue

知らない単語があった文（Google dictionary）

Several things could get in the way of a market melt-up. But on a closer look, none seem all that formidable.

Inspiring fear or respect through being impressively large, powerful, intense, or capable.

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In a fast-changing world, the investment bankers of Wall Street and the City of London have clung to certain rituals.

Hold on tightly to.

A religious or solemn ceremony consisting of a series of actions performed according to a prescribed order.

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His outlook was not distinctive.

Characteristic of one person or thing, and so serving to distinguish it from others.

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Rich-world governments are rediscovering the joys of fiscal pump-priming.

Pump priming is the action taken to stimulate an economy, usually during a recessionary period, through government spending and interest rate and tax reductions.

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In short, the conditions seem ripe for further stockmarket gains.

(of fruit or grain) developed to the point of readiness for harvesting and eating.

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More virulent strains of covid-19 have forced stricter lockdowns in parts of Europe.

(of a disease or poison) extremely severe or harmful in its effects.

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The harm to the world economy is likely to be more prolonged than hoped.

Continuing for a long time or longer than usual; lengthy.

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Paradoxically, positive sentiment is often seen as a reason to be wary, and that investors have got ahead of themselves.

Feeling or showing caution about possible dangers or problems.

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Continued fiscal support requires political action and agreement, which cannot always be relied upon.

Relating to government revenue, especially taxes.

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A natural concern is that stimulus might be withdrawn abruptly, as it was after 2010.

Suddenly and unexpectedly.

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Yet another risk, and one that keeps some market bulls awake at night, is resurgent inflation.

Increasing or reviving after a period of little activity, popularity, or occurrence.

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A temporary bout of inflation seems plausible.

A short period of intense activity of a specified kind.

(of an argument or statement) seeming reasonable or probable.

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Nor is it obvious that bond markets will react so violently as tofatally undermine stock prices.

With reference or with regard toregard to.->As to your earlier question, I don’t think I know the answer.

If you undermine something such as a feeling or a system, you make it less strong or less secure than it was before, often by a gradual process …

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The other is the paucity of yields on offer from bonds.

The presence of something only in small or insufficient quantities or amounts; scarcity.

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But a thought lingers.

When something such as an idea, feeling, or illness lingers, it continues to exist for a long time, often much longer than expected.

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Perhaps Wall Street’s year-ahead notes for 2022 will survey the wreckage of a stockmarket bust in America.

The remains of something that has been badly damaged or destroyed.

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But it seems as plausible that strategists will be cheering on prices from higher peaks—constructively, of course.

(of an argument or statement) seeming reasonable or probable.