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It may take some time for Wall Street to overcome its fear and share Greenspan’s good mood. Says Henry Kaufman, a New York-based investment manager and economic forecaster: “People took such a beating. You’ve got to wipe out those memory banks.”

The main idea of the paragraph

It may take some time for average people to get over the feeing of setbacks and be ready for the advert of a new round of economic growth.

忘却挫折，迎接新一轮经济增长，可能仍需时日。

词语解释

1、take a beating

to lose very badly in a game or competition 遭受损失；遭受失败
e.g.
1）Technology stocks of all sizes continued to take a beating. 所有的技术股继续受到重创。

2）We took a beating in our last match. 我们队在上次比赛中失利了。

2、wipe out

to destroy, remove, or get rid of something completely 清除掉；毁灭
e.g.
1）Nothing could wipe out his bitter memories of the past.
　　 没有任何东西能使他把痛苦的过去从记忆中抹去。

2）One bad harvest could wipe out all of a grower's profits for the previous two years.
　　 农民如遭遇一年的歉收都可能使他们在前两年挣的钱消失殆尽。

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