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
38
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
【C2】
选项
答案
A
解析
名词辨析题。由空格前的a和空格后的of可推断,此处缺少名词。结合下文的such increases have resulted in interim market highs over twelvemonths later可知,保证金率的提高表明股票市场很强劲。备选名词中的confirmation“确认;证实”符合句意,故A)为答案。
转载请注明原文地址:https://kaotiyun.com/show/ADx7777K
0
大学英语六级
相关试题推荐
A、Consumersvisualizetheiractivitiesindifferentweather.B、Goodweathertriggersconsumers’desiretogoshopping.C、Weather
A、Clearerroadsigns.B、Morepeopledrivingsafely.C、Strictertrafficrules.D、Moreself-drivingtrucksontheroad.B细节推断题。女士在
A、Theirgeneticmakeupbegantochange.B、Theircommunitiesbegantogrowsteadily.C、Theirchildrenbegantomixwitheachothe
JustoffthecoastofSouthernCaliforniasitsSantaCruzIsland,whereamagicalcreaturecalledtheislandfox【C1】______Adeca
Backin1964,inhisbookGamesPeoplePlay,psychiatristEricBernedescribedapatternofconversationhecalled"WhyDon’tYo
DoParentsInvadeChildren’sPrivacyWhenTheyPostPhotosOnline?[A]WhenKatlynBurbidge’ssonwas6yearsold,hewasperf
PeerPressureHasaPositiveSide[A]Parentsofteenagersoftenviewtheirchildren’sfriendswithsomethinglikesuspicion
A、Celebratethesuccessinreachingthegoal.B、Makeanothergoalimmediately.C、Haveagoodrest.D、Analyzethefactorswhichh
A、Itisconsideredtobepartofthesecondaryeducation.B、Itisgiventoanyonewantingtogetadriver’slicense.C、Itiscar
Whatdoyoudoondayswhentheairdoesn’tsmellright?Soon,youmightjustcheckGoogleMaps.GooglehasteamedupwithS
随机试题
我国《水土流失法》规定禁止在多少度以上陡坡地开垦种植农作物【】
补中益气汤和参苓白术散两方中均含有的药味是
在慢性病中,医患关系中最理想的模式是
头痛的前额痛,属于
甲乙二人各以30%和70%的份额共有一间房屋,出租给丙作门店经营之用。现甲欲将自己的份额转让,请问下列表述中哪一说法是正确的?()
在施工准备期间,监理工程师认为本阶段是施工阶段监理信息收集的关键阶段,因为监理未介入( )。
下列情况中,应浇洒透层沥青的是()。
癸企业发生下列业务:(1)从YY公司购入原材料1000千克,单价800元,增值税率17%,价税合计936000元,款项已通过银行存款支付,原材料已验收入库。(2)以银行存款偿还短期借款80000元。(3)购入设备一台,直接投入使用,价款200000元
下列各项中,通常不会导致企业资本成本增加的是()。
已知在标准正态分布中,各部分概率如下:在大学的一门专业课考试中,学生的成绩近似服从于均值为75,标准差为5的正态分布,已知该课程共有400位同学参与考试。(1)有多少考生的成绩大于等于85分?(2)成绩70分位于第几个百分位数上?
最新回复
(
0
)