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
[A]confirmation[I]speculate [B]prudent[J]preoccupied [C]voiced[K]representation [D]invariably[L]momentarily [E]o
[A]confirmation[I]speculate [B]prudent[J]preoccupied [C]voiced[K]representation [D]invariably[L]momentarily [E]o
admin
2016-10-07
31
问题
[A]confirmation[I]speculate
[B]prudent[J]preoccupied
[C]voiced[K]representation
[D]invariably[L]momentarily
[E]overpriced[M]pessimistic
[F]vicinity[N]underscored
[G]yields[O]intelligible
[H]guarantee
The increase in the margin rate(保证金率)from 50% to 70% was not an attempt to stem any rampant(猛烈的)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.
【C3】
选项
答案
H
解析
根据空格后的that从句可推断,此处缺少名词。上文提到,从1989年至今,保证金率的提高曾经在12个月内令股市再创新高,由此可推知,本句的句意应为:显然,不可能保证这种情况会再次出现。备选名词中的guarantee“保证”符合句意,故[H]为答案。
转载请注明原文地址:https://kaotiyun.com/show/AqPK777K
0
专业英语四级
相关试题推荐
InAmerica,olderpeoplerarelylivewiththeiradultchildren.Butinmanyothercultureschildrenareexpectedtocare【C1】____
InAmerica,olderpeoplerarelylivewiththeiradultchildren.Butinmanyothercultureschildrenareexpectedtocare【C1】____
Thenewmanagerhadmanydifficultiestoovercomebuthetookthemallinhis______.
Anewgenerationofmind-enhancingdrugsthatactas"cosmetics"forthebraincouldbecomeascommonasacupofcoffee,accord
Toooftenyoungpeoplegetthemselvesemployedquitebyaccident,notknowing【C1】______liesinthewayofopportunityforpromot
DuringtheTVinterview,thesingerannouncedthathewasgoingto______hisnewalbumsoon.
Johnstayeduplateindefianceofthecoach’sorder.Theunderlinedpartmeans______.
Thechairmanofthecompanysaidthatnewtechniqueshad______improvedtheirproductionefficiency.
A、Hisgirlfrienddecidedtobreakupwithhim.B、Heencounteredbullyingonhiswaytoschool.C、Hisfamilyrefusedtohelphim
随机试题
A.大风子B.白鲜皮C.秦皮D.土茯苓E.轻粉(1993年第87,88题)既治梅毒又治湿热疮毒的药物是()(
按五行生克规律,肺的所不胜是
高层建筑室内热水管道施工程序中,管道支架安装的紧后工序是()。
甲商场为打垮竞争对手乙商场,在网上发帖谎称乙商场销售假皮鞋,乙商场的声誉因此受到损害。根据《反不正当竞争法》的规定,下列对甲商场发帖行为定性的表述中,正确的是()。
汤显明在城郊有一套住房3间,但年久失修,不能保证安全。黄杉恒想租来居住,汤显明将房屋状况如实告知黄杉恒,黄杉恒说这不成问题,遂与汤显明口头约定租期半年,就同妻子、孩子搬人该房。2个月后,适逢雨季,该房严重漏水,黄杉恒提过多次让汤显明维修,但汤显明一直未修,
根据以下资料。回答以下问题初步核算,2011年,山东省实现生产总值(GDP)45429.2亿元,比上年增长10.9%。其中,第一产业增加值3973.8亿元,增长4.0%;第二产业增加值24037.4亿元,增长11.7%;第三产业增加值17418.0亿
根据以下资料,回答91-95题。2008年底,我国网民数从1997年的62万增加到2.98亿,居世界第2位。其中宽带网民数达到2.7亿,手机网民数达到1.2亿。互联网普及率达到22.6%,超过全球平均水平。2008年底,我国互联网的国际出口带宽由
With the widespread use of the personal computer, many authorities in the field of(56)have pointed out the need for computer lit
Growingoldisnotexactlypleasantforpeoplein【C1】______Americanculture.Astheoldsayinggoes,"you’reasyoungasyouf
UniversitiesBranchOutA)Asneverbeforeintheirlonghistory,universitieshavebecomeinstrumentsofnationalcompetitionas
最新回复
(
0
)