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
30
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.
【C4】
选项
答案
B
解析
根据空格前的seem more可知,该空缺少形容词。由but后的两个从句if history is anyguideline—and if business and corporate earnings were to continue on the same course“参照历史——如果商业和公司的利润仍然保持现有增长水平”可推知,股市的前景应该是稳健的,而不是更令人悲观的,因此[B]prudent为答案。
转载请注明原文地址:https://kaotiyun.com/show/NqPK777K
0
专业英语四级
相关试题推荐
Acommonassumptionabouttheprivatesectorofeducationisthatitcatersonlytotheelite.【C1】______,recentresearchpoints
Priorityshouldbegiventopeople’slivelihoodandtheirtangiblebenefits.Theunderlinedpartmeans______.
Despitewhatyoumightthinkfromitsname,theMuseumofAfghanCivilizationwillbetheverymodelofamodernmajormuseumwh
InrecentyearscriticismshavebeenvoicedconcerningsexistbiasintheEnglishlanguage.Ithasbeenarguedthatsomeofthe
Toooftenyoungpeoplegetthemselvesemployedquitebyaccident,notknowing【C1】______liesinthewayofopportunityforpromot
Toooftenyoungpeoplegetthemselvesemployedquitebyaccident,notknowing【C1】______liesinthewayofopportunityforpromot
Listening,speaking,reading,andwriting______thefundamentalorderinlanguagelearning.
Thevaseheboughtatthestreetmarketyesterdaywasa______forgery.
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]representation[D]invariably[L]momentarily[E]o
Shemusthavebeenpretty_____tofallforsuchanoldtrick.
随机试题
找窜管柱下入位置要无误差,()位置应尽量避开套管接箍。
充分就业的含义是()
牙周基础治疗后牙龈增生仍明显采取的术式是角化龈过窄,牙周袋底超过膜龈联合采取的术式是
患者,男性,以外伤后,腕疼痛为主症,前来就诊。
血涂片中发现大量原始细胞,提示()
水泥混凝土搅拌站施工时,正确的做法包括()。
清洁生产是关于产品的生产过程的一种新的、创造性的思维方式。清洁生产意味着对生产过程、产品和服务持续运用整体预防的环境战略,以期增加生态效率并降低人类和环境的风险。在清洁生产分析中,我国采用较多的方法是()。
在属性对话框中,可以更改的对象是()。
Lighttravelsataspeedwhichisaboutamilliontimesfasterthanthespeedofsound.Inonesecond,lighttravelsabout300,
A、Shehasgotadriver’slicense.B、Shewasacceptedbyacollege.C、Sheisgoingtoanothercountry.D、Shegotagoodjob.DW:
最新回复
(
0
)