首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The increase in the margin rate (保证金率) from 50% to 70% was not an attempt to stem any rampant (猛烈地) speculation on the part of t
The increase in the margin rate (保证金率) from 50% to 70% was not an attempt to stem any rampant (猛烈地) speculation on the part of t
admin
2021-12-15
70
问题
The increase in the margin rate (保证金率) from 50% to 70% was not an attempt to stem any rampant (猛烈地) speculation on the part of the public—actually the market seemed technically quite strong, with public participation essentially dignified—but rather an attempt by the Federal Reserve Board to preserve the sound underpinnings that existed in the market. Naturally, such a move had a【C1】________chilling effect upon prices but if the FRB had been preoccupied with undue speculation, the increase might have been to the 80% or even 90% level. Such increases in the margin rate is a【C2】________of a strong stock market and since 1989, such increases have resulted in interim market highs over twelve months later. Obviously, there could be no【C3】________that this would once again be the case, but if history is any guideline—and if business and corporate earnings were to continue on the same course—continued optimism over the outlook for the stock market would seem more【C4】________than pessimism.
The margin increase【C5】________the good rise that stocks had enjoyed for the previous year—and the fact that a 50% rate was maintained as long as it was pointed up the fact that the rise was mainly conservative in that it was concentrated in the blue chips for the most part. In past Investment Letters we have【C6】________the thought that speciality stocks could outperform the general market from this point. We continue to believe that this could be the case. For example, steel stocks tend to sell at a certain fixed price/earnings ratio. Below a certain ratio they are considered good value—above a certain ratio, 【C7】________. If a company produces a unique product, it is far more difficult for market analysis to place a numerical ratio upon the company’s earnings. We have also contended in the past Letters that the stock market reflects mass psychology as well as the business outlook. When investors—both the public and the institutions—are nervous and【C8】________they definitely hesitate to buy stocks; they seek low price/earnings multiples and high【C9】________. These same investors—when they are in an optimistic frame of mind—become far less【C10】________with yields and more willing to pay a premium (high p/e multiples) for accelerated growth. If the public’s attitude towards the auto industry is any measure, then this period seems to have been one of optimism.
A) confirmation F) overpriced K) speculate
B) guarantee G) pessimistic L) underscored
C) intelligible H) preoccupied M) vicinity
D) invariably I) prudent N) voiced
E) momentarily J) representation O) yields
【C1】
选项
答案
E
解析
副词辨析题。由空格后的chilling可知,空格处缺少副词。此处意为:自然,联邦储备基金会的这一行动_________会使股价降低。备选副词中只有momentarily“短暂地;马上”与句意吻合,故E)为答案。
转载请注明原文地址:https://kaotiyun.com/show/8Dx7777K
0
大学英语六级
相关试题推荐
A、Theimportanceofcultivatingcloserelationshipswithclients.B、Theneedforgettingrecommendationsfromtheirmanagers.C、
JustoffthecoastofSouthernCaliforniasitsSantaCruzIsland,whereamagicalcreaturecalledtheislandfox【C1】______Adeca
Backin1964,inhisbookGamesPeoplePlay,psychiatristEricBernedescribedapatternofconversationhecalled"WhyDon’tYo
PeerPressureHasaPositiveSide[A]Parentsofteenagersoftenviewtheirchildren’sfriendswithsomethinglikesuspicion
A、Seekadvicefromanexpertaboutfundraising.B、Askforsmallerloansfromdifferentlenders.C、Buildupherownfinancesstep
Inthepast12months,Nigeriahassufferedfromashrinkingeconomy,aslidingcurrency,andaprolongedfuelshortage.Now,Af
Itmaycomeasasurprisetomanyanexhaustedmotherorfather—butthinkingaboutyourchildrencouldimproveyourmemory,ast
作为中国三大边缘海(marginalsea)之一,黄海的面积约38万平方千米,位于中国大陆与朝鲜半岛之间。黄海生物种类多,水产(aquatic)资源丰富,周边形成了许多良好的渔场,带动了周边城市经济的发展。与此同时,工业污染使黄海的生态环境面临着日益
中国的食物可以大致分成北方和南方两种烹饪风格。北方菜相对来说较油腻,喜欢在菜里使用醋(vinegar)和大蒜(garlic)。面食(cookedwheatenfood)是北方菜系的重要部分。面条、馄饨(wonton)、饺子、包子(steamed
A、Theadspecificationshadnotbeengivenindetail.B、Thewoman’scompanymadelast-minutechanges.C、Thewoman’scompanyfail
随机试题
采用专家小组法进行预测的程序包括
短期信贷市场的贷款最长期限为_______。
Access2010中,____________可以从一个或多个表中选取一组记录添加到一个或多个表中的尾部。
多发伤后最常见的并发症有()
普鲁卡因成人一次限量为
患者,男,45岁。主诉刷牙时牙龈出血,口腔有异味,双侧后牙及下前牙轻度松动,伴有咬合痛。如果行牙周手术,改良翻瓣术的正确切口是
到期不能收回的带息应收票据,企业仍应在中期期末及年末,按票据的面值与票面利率计提利息,计入“应收帐款”的帐面价值。()
20×3年,甲公司实现利润总额210万元,包括:20×3年收到的国债利息收入10万元,因违反环保法规被环保部门处以罚款20万元。甲公司20×3年年初递延所得税负债余额为20万元,年末余额为25万元,上述递延所得税负债均产生于固定资产账面价值与计税基础的差异
【2016河南郑州】良好的师生关系的建立取决于教师的教育水平,我国新型师生关系的特点是()。
在延安整风运动期间,毛泽东用“墙上芦苇,头重脚轻根底浅;山间竹笋,嘴尖皮厚腹中空”这副对联形象地讽刺了()。
最新回复
(
0
)