Is it a bird Is it a plane Is it superman Investors can’t seem to figure out whether the recent leaps in stock prices represent a brief increase in a falling market or Something more (36) , even the start of a brand-new bull run. After all, there have been five other countertrend moves since the bear market began in October 2007, and they all (37) away within a couple of months as the (38) backdrop continued to deteriorate (恶化). Most analysts believe the economic mess has hardly been cleaned up: the American consumer is still deep in (39) , housing inventories continue to mount across the world and green shoots are sprouting (发芽) only because of massive government spending.
Herein lies the key. The trillions of dollars in spending programs can (40) stimulate the economy, at least for a few quarters, reviving growth this year. The broad consensus is that the US-led (41) economy faces too many structural obstacles to enter a meaningful expansion phase, and that likely will be correct, but in the long (42) .
The road map for the United States today is similar to that of Japan in the 1990s; but (43) to popular perception, that does not mean an unabated (不减弱的) dip in stocks and the economy. Japanese stocks participated in some significant rallies during that decade, including three jumps of about 50 percent, all of which (44) with a temporary economic upturn. These recoveries were (45) by government spending packages or export-led growth when the global economy was strong.
A. coincided F. indeed K. contrary
B. fundamental G. advantage L. never
C. term H. triggered M. global
D. meaningful I. debt N. emerged
E. destroyed J. faded O. apparent