因?yàn)?/c>很難知道到底有多少房子在泡沫高峰期被高估了價值。
But the British pound, which was more than 25% overvalued a year ago, is now near fair value.
一年前超值25%的英磅已經(jīng)幾乎與美元等值了。
And those countries, notably Brazil, that have wound up holding the baby of an overvalued currency, are trying to restrict inflows.
而那些最終落得本幣被高估的國家（特別是巴西）正試圖限制資金流入。
For example, U. S. Treasurys would seem to be overvalued given the long-term problems in the U. S. budget and with the dollar.
例如，美國國債似乎被高估刊載于美國預(yù)算和與美元的長期問題。
It was near the height of the second global bubble: Mr. Grantham argued everything was overvalued and was bound to crash, while Mr.
當(dāng)時正是第二次全球資產(chǎn)泡沫的鼎盛時期：格蘭森認(rèn)為所有資產(chǎn)都價格虛高，肯定會經(jīng)歷下調(diào)；
Mr. Lipsky said the IMF didn't consider the yen overvalued, at least when looking over a three-to-five year time frame.
利普斯基說，IMF并不認(rèn)為日圓估值過高，至少從一個三到五年的時間框架來看是這樣的。
In contrast to the Pru, Aviva has ruled itself out of the race for parts of AIG, declaring any assets would be "grossly overvalued" .
和保誠不同的是，英杰華已表示不參與競購美國國際集團(tuán)的部分業(yè)務(wù)。該公司宣稱，任何資產(chǎn)都將“被嚴(yán)重高估”。
Mr Fan said the real problem the world faced today was an overvalued dollar, not only against the renminbi but against all major currencies.
樊綱表示，目前世界面臨的真正問題是美元的高估，不僅是美元兌人民幣匯率高估，美元兌所有主要貨幣匯率都高估。
The euro zone risks getting caught up in this process with an overvalued exchange rate at the wrong time.
而歐元區(qū)面臨的風(fēng)險是被卷入這一過程，在錯誤的時機(jī)被估值過高的歐元比值拖累。
Nobody even knows what gold is worth, so it's impossible to say with any confidence that it's overvalued (or undervalued, for that matter).
甚至沒人能說出黃金到底價值幾何？因此你不可能信心滿滿地說出金價到底是被高估還是低估。
Mao Nan, analyst with Orient Securities, agreed that the company's shares had been quickly overvalued.
東方證券分析師毛楠（音譯）認(rèn)為，該公司的股票被迅速高估了。
In recent weeks, there have been repeated government warnings that most shares are overvalued and a bubble could be in the making.
政府在近幾個星期以來一再發(fā)出警告，指稱大多數(shù)股票都市值過高，已有泡沫化現(xiàn)象的徵兆。
A Chinese ETF Anti-Bubble If you think the Chinese stock market is overvalued, ProFunds Group is with you.
如果你認(rèn)為中國股市估值過高，那你的看法同ProFundsGroup是一致的。
Our rough-and-ready Big Mac index calculated in July that the franc was as much as 98% overvalued against the dollar.
我們粗略估計7月份的巨無霸指數(shù)，瑞士法郎對美元被高估了高達(dá)98%。
During the 1920s, the British Pound was overvalued and was used by smaller countries as a reserve currency.
就在整個二十年代，英鎊價值被高估，因而成為了一些小國的儲備貨幣。
The thinking was that shorts would bring overvalued stocks back to more realistic levels.
他們的想法是，賣空可以讓那些估值過高的股票回歸到更現(xiàn)實(shí)的水平。
IN EARLY 2000, just as the dotcom bubble was at its height, two books appeared that argued the stockmarket was overvalued.
2000年初，正當(dāng)網(wǎng)絡(luò)泡沫處于高峰的時候，已經(jīng)有兩本書指出股市被高估。
He is one of a stubborn bunch of pessimists who believe that share prices are overvalued and the economic recovery is built on sand.
他是冥頑不靈的悲觀論者之一，覺得股價估值過高，認(rèn)為經(jīng)濟(jì)復(fù)蘇的根基不夠堅實(shí)。
At least by this one measure, stocks are no longer blatantly overvalued.
至少依據(jù)這個指標(biāo)觀察，股票不再被明目張膽地高估了。
By this measure Australian property is the most overvalued of any of the 20 countries we track.
根據(jù)這種評估手段，在我們跟蹤的20個國家里，澳大利亞的房產(chǎn)價格高估得最厲害。
A year ago the euro was overvalued by 29% on the burger benchmark; that figure is now down to 16%.
一年前歐元在漢堡基準(zhǔn)上增長了29%，這個數(shù)據(jù)現(xiàn)在降到了16%。
All are more overvalued against the dollar than a year ago.
所有這些貨幣對美元匯率都比一年前要高。
In a bull market, what looks overvalued today may look like a bargain the next month.
在上漲的市場，現(xiàn)在看起來高估，下個月可能就變便宜了。
Well, currencies float. They are bound to be sometimes overvalued and sometimes undervalued.
貨幣是浮動的，它們必定會在某些時候出現(xiàn)高估，在另一些時候出現(xiàn)低估。
Policymakers also fear that this flood of capital could lead to asset-price bubbles and overvalued currencies.
政策制定者們也擔(dān)心這種資本洪流可能會導(dǎo)致資產(chǎn)價格泡沫并且高估貨幣。
If valuations rise, how do you know whether the market is overvalued or that the trend rate has accelerated?
若定價上升，如何判斷是由市場估值過高所引起的還是趨勢率加速的結(jié)果呢？
A year ago the pound was overvalued by more than a quarter on the Big Mac gauge.
一年前，以巨無霸指數(shù)衡量英鎊被高估超過25%。
The common theme was that markets had grown wildly overvalued.
它們共同的主線是市場估值已經(jīng)高得驚人。
McCormick said a slight bias toward risk should boost these currencies in the short term, even if they look overvalued in the long run.
McCormick表示，短期內(nèi)市場風(fēng)險偏好略升應(yīng)會提振澳元和新西蘭元，即便從長期來看其匯率被高估。
To a large extent, China's stock market is a merry-go-round, rotating overvalued claims on state assets between different arms of the state.
中國股市在很大程度上仿佛一個旋轉(zhuǎn)木馬，推動著估值過高的國有資產(chǎn)所有權(quán)在不同的政府力量間周旋。
The big event has been elsewhere: the great mistake, Asian policymakers concluded, was not pegged, but overvalued, exchange rates.
重要問題是在其它方面：亞洲決策者經(jīng)過總結(jié)認(rèn)為，重大錯誤不是盯住匯率制，而是匯率高估。
Investors won't know whether these companies are overvalued until 2012, he said.
他說，到2012年后，投資者才能知道這些公司是否估值過高。
Similarly, today the dollar is overvalued and used as the reserve currency of the world. The U.
同樣的，美元價值一樣被高估，并被作為儲備貨幣用于這個世界上的每個角落。
By contrast, government bonds look extremely overvalued and the outlook for equities is more mixed, following a strong run in September.
相比較之下，政府公債似乎價格過高，且股市在9月強(qiáng)勁上漲后，前景也更加不明朗。
He declined to say whether share prices were overvalued, declaring the OECD "agnostic" on the issue.
科蒂斯拒絕評論全球股價是否被高估，稱經(jīng)合組織“不清楚”這個問題。
overvalued given a recent run-up in share prices.
鑒于最近被高估抬高股價。
If the stock is under priced , buy it back with excess cash; if it's overvalued, don't buy a single share.
如果股票價格被低估，那就利用多馀的資金買回，但是如果股票價格被高估，那麼就算有再多的錢也不要輕舉妄動。
Effects may be amplified by political uncertainty, overvalued housing markets and explosive credit expansion.
政治上的不確定性、過度反應(yīng)的住房市場和爆炸性的信貸擴(kuò)張，都可能會放大這種效應(yīng)。
"You can't tell when a market is overvalued, and you can't fight market forces . . . we never tried to rein in stock prices again. "
“你無法說出什么時候市場估值過高，你也無法抗衡市場力量……我們再也沒有試圖去抑制股價了?！?/jz>
英 [???v?(r)?vælju?] 
