while ... valuations have not even come close to being excessive
German translation: Einerseits erkennen wir an, dass ..., andererseits...
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
21:37 Feb 22, 2008
English to German translations [PRO] Bus/Financial - Investment / Securities
English term or phrase:while ... valuations have not even come close to being excessive
**While** we acknowledge that profits and margins may have entered a mature phase in the current economic cycle, valuations have not even come close to being excessive, given low and generally declining interest rates. Hence, absent a significant downturn in the economy, which would require a major drop in global growth, the chances of a bear market, defined as a decline of 20% or more, appears modest.
Mir ist der "rote Faden" zwischen den beiden Satzteilen nicht klar.