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Sample translations submitted: 1
Spanish to English: La década de oro: 5 razones que explican el récord de crecimiento más largo en la historia de Wall Street General field: Bus/Financial Detailed field: Finance (general)
Source text - Spanish Desde que Wall Street tocó fondo en marzo de 2009, la mayor bolsa de valores del mundo comenzó a recuperarse como si tuviera un propulsor espacial.
Nueve años, cinco meses y 13 días consecutivos de racha positiva marcaron el récord de crecimiento más largo en la historia de la Bolsa de Nueva York desde que se creó en 1817.
Atrás parecen haber quedado los días en que colapsó la burbuja inmobiliaria, cundió el pánico financiero y se desató una crisis global. Como si fuera una pesadilla de la que nadie quiere acordarse, los inversionistas están celebrando las espectaculares ganancias de Wall Street.
Es lo que se conoce como el "bull market" o un mercado fuerte en ascenso, representado por la monumental escultura de un toro en Manhattan. Un toro que lleva casi una década sin sufrir una gran corrección, es decir, una caída superior al 20%, Sí, más de una estocada le ha llegado, pero nada lo ha tirado al suelo en estos últimos años.
La tendencia la marca el índice S&P 500, que sigue la trayectoria de 500 grandes empresas que cotizan en Wall Street. Y el salto que hado desde los días oscuros de la crisis hasta ahora ha sido impresionante: escaló desde 676 puntos a 2.864, acumulando un alza de más de 325%.
En medio de un boom de ganancias corporativas, recuperación económica y baja inflación, el récord de crecimiento se explica por la confluencia de varios factores.
"Si tuviera que elegir una razón para explicar este récord, diría que es Donald Trump con su recorte de impuestos a las ganancias corporativas, su promesa de desregular y su legitimación de los negocios agresivos", le dice a BBC Mundo Robert J. Shiller, profesor de economía de la Universidad de Yale.
"Hay un aumento en las oportunidades para apostar, que yo asocio con este presidente y su estilo de magnate en un casino".
En medio de un boom de ganancias corporativas, recuperación económica y baja inflación, el récord de crecimiento se explica por la confluencia de varios factores.
"Si tuviera que elegir una razón para explicar este récord, diría que es Donald Trump con su recorte de impuestos a las ganancias corporativas, su promesa de desregular y su legitimación de los negocios agresivos", le dice a BBC Mundo Robert J. Shiller, profesor de economía de la Universidad de Yale.
"Hay un aumento en las oportunidades para apostar, que yo asocio con este presidente y su estilo de magnate en un casino".
Algunos fondos de inversión han argumentado que el récord de crecimiento es una prueba de la habilidad de las grandes corporaciones estadounidenses para hacer negocios en tiempos difíciles, crear confianza en los inversionistas y generar riqueza en el país.
"No hubo negocios maníacos, ni pánico en la compra y venta de acciones", dijo Jack Ablin, jefe de Inversiones de Cresset Wealth Advisors. "Ha sido bastante sostenido". (BBC Agosto 23 2018)
Translation - English Since the collapse of Wall Street in March 2009, the world's largest stock market has begun to recover as if fired by rocket fuel.
Nine years, five months and 13 consecutive days with a positive streak, have set the record for the longest growth in the history of the New York Stock Exchange, since it was created in 1817.
Far gone are the days when the real estate bubble collapsed, financial panic spread and a global crisis broke out. Those days are forgotten like a nightmare that nobody wants to recall. And instead, investors are celebrating the spectacular recovery of Wall Street.
It is what is known as the "bull market" or a strong market on the rise, represented by the monumental sculpture of a bull in Manhattan. A "bull" that has not suffered any great adjustment for almost a decade - that is, a fall of more than 20%. Agreed, there has been more than one blow, but nothing has toppled the market in recent years.
The trend is marked by the S & P 500 index, which follows the path of 500 biggest companies listed on Wall Street. And the leap from the dark days of the crisis until now has been impressive: there was a climb from 676 points to 2,864, accumulating a rise of more than 325%.
In the midst of a boom in corporate profits, economic recovery and low inflation, the record growth is explained by the confluence of several factors.
"If I had to choose a reason to explain this record, I would say it is Donald Trump with his tax cut to corporate profits, his promise to deregulate and his legitimization of aggressive business," says Robert J. Shiller, BBC World, Professor of Economics at Yale University.
"There is an increase in the opportunities to gamble, which I associate with this president and his casino tycoon style."
Some investment analysists have argued that the record growth is proof of the ability of large US corporations to do business in difficult times, build investor confidence and generate wealth in the country.
"There were no crazy deals, no panic in buying and selling shares," said Jack Ablin, chief investment officer at Cresset Wealth Advisors. "It has been quite sustained." (BBC August 23rd 2018)
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Graduate diploma - Leicester University, UK
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Years of experience: 36. Registered at ProZ.com: Aug 2018.
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