In the S&P 500 index, the energy sector is up just 2.4 per cent this year and was barely positive in the first quarter, lagging behind the index's 6 per cent gain for the year.

在标普500指数中，能源板块今年以来仅上涨2.4%，其中 在首季只是勉强维持上涨，而整体指数今年迄今已上涨6%。

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Renminbi appreciation, which began in 2005, had seen the currency gain about 20 per cent against the dollar until July this year.

自2005年7月以来，人民币开始对美元升值，到今年7月为止，升幅达到约20%。

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In the US we continued to gain market share for snuff, and volumes grew by 21 per cent.

在美国，鼻烟继续获得市场份额，销量增长了21%。

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The Shanghai Composite, China's main stock index, opened down 0.5 per cent after rallying for a 20 per cent gain over the past two months.

CNN: Growth in Chinese manufacturing slows

In Latin America, Brazil leads the way with a 16 per cent gain in 2012.

FORBES: Half empty, half full, or almost drained?

During the ensuing five years, the bubble burst, value stocks fared a lot better than tech stocks, and the clients who had left missed more than a sixty-per-cent gain relative to the market as a whole.

NEWYORKER: What Good Is Wall Street?