​​✸✸HONG KONG—Stocks in the U.S. andemerging marketsare on a tear, despite diverging views on how U.S. President Donald Trump’s economic plans will fare.​

​1） emerging markets [财]新兴市场

It hits Brazil, India, Mexico and other emerging markets.

它冲击了巴西、印度、墨西哥和其他新兴市场。​

​✸✸A combination ofsome less hawkish rhetoric from the Trump team on areas such as trade and currencies, as well as signs of divisions among the Republican party that could slow the progress of key tax legislation, is encouraging some investors to believe that emerging-market stocks will be hit less hard than was feared immediately after Mr. Trump’s surprise victory.  ​

​1）a combination of 英 [ə ˌkɔmbiˈneiʃən ɔv]   美 [e ˌkɑmbəˈneʃən ʌv]   …的组合

A combination of talent, hard work and good looks have taken her to the top

兼具天赋、勤奋和美貌使她得以出人头地。​

​✸✸Conversely in the U.S., expectations that the new president will be able to implement smoothly plans including tax reform and higher infrastructure spending continue tounderpinthe “Trump trade” that has buoyed stocks. The S&P 500 has advanced 5.7% this year, notching 11 records along the way.​

​1） underpin 英 [ˌʌndəˈpɪn]   美 [ˌʌndərˈpɪn]  vt.用砖石结构等从下面支撑（墙等）;加固（墙等）的基础;加强…的基础

英英解释：v.support from beneath

Common metrics and methods would underpin an integrated approach.

共同的标准和方法为一种整合的方法提供了基础。​

​✸✸It isthe sort ofsituation that can get you thinking the market is getting frothy. But other than paying high prices, investors aren’t behaving atall the waythey typically do during bubbles.​

​1） the sort of 英 [ðə sɔ:t ɔv]   美 [ði sɔrt ʌv]  adj.那种

He's not the sort of man to be trusted.

他不是一个可信赖的人。​

​2） all the way 英 [ɔ:l ðə wei]   美 [ɔl ði we] 一路上，一直，完全

英英解释：adv.to the goaladv.not stopping short of sexual intercourse

We got there by driving slow all the way.

我们开着车去了那里，一路上开得很慢。​

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