The bottoming-out of trade reflects a slowing of the decline in the world economy.

貿易正在走出谷底,反映出世界經濟下滑速度的減緩.

Bottoming out near Heron Island, a manta ray can hit much higher altitudes too.

可以在鷺鷥島附近潛至最深處的鬼蝠魟,其實可以更上一層樓.

It is true that many commercial-real-estate assets have already rallied since bottoming in March 2009.

不錯,很多商業房地產資產已經自2009年三月份觸底以來上漲了.

Two months ago, when the rally began, there was no evidence that the world economy bottoming.

兩個月前, 當反彈開始時, 尚未有跡象表明全球經濟即將見底.

We are bottoming and recovery will be much stronger in 2010.

我們正在觸底回升,2010年的復蘇勢頭會強勁得多.

Micro-macro recent data show that both the economy and earnings are still far from bottoming out.

近期宏微觀數據顯示,無論是經濟還是盈利都遠未見底.

But bottoming out is one thing, recovery another.

但見底回升是一回事, 復蘇則是另一回事.

I view that as very helpful and a real bottoming.

我認為這很有幫助,也是真正的見底.